Swiss Re reviews

3.9

72% would recommend to a friend

(2,291 total reviews)
avatar

Andreas Berger

69% approve of CEO

62% positive business outlook

Swiss Re has an employee rating of 3.9 out of 5 stars, based on 2,291 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Swiss Re employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

2K reviews
1.0
Oct 24, 2019
Recommend
CEO approval
Business Outlook

Pros

Strong capital base - too big to fail Good severance package for the older experienced employees that they are getting rid of for cost cutting measure Lives off past reputation

Cons

1. Company run by (US) inexperienced executives who make all the wrong decisions 2. Employees underpaid by 30%. Ask anyone who left 3. Every decision is to reduce employee benefits 4. Cater to their “graduates” instead of veteran employees 5. Poor ability to learn 6. Who you report to more important than your own skill 7. Management vindictive and often uses “reapply for jobs”, restructuring, and other techniques to reduce salaries 8. After a few years raises disappear 9. Five percent budget decrease each year eventually impacts salaries 10. Leadership came from failed companies that support each other 11. HR is not your friend avoid any interaction, unethical 12. Alice in wonderland strategy 13. Not one respected leader all the good ones left

2.0
Oct 28, 2017

Most employees feel miserable

Recommend
CEO approval
Business Outlook

Pros

Great reputation and strong capital

Cons

Its living off a reputation earned 20 years ago. Swiss Re no longer stands for what it used to. It as become a process driven company that does not value knowledge. Swiss Re only takes care of a few employees some good others not so good. Be prepared to go with no raises for years. Little upward mobility. Pay is the same regardless of experience. The are moving all the jobs to low costs countries overseas. Losing talent in local markets. There are few people in SR with any reputation.

1.0
Jul 23, 2019

Full time employee

Recommend
CEO approval
Business Outlook

Pros

The benefit is decent. 401k is pretty good. Nice cafeteria.

Cons

Treat employees with no respect. Often get ride of the senior employers with high salaries to reduce company cost. Lack of transparency and respect. Too much office politics. No talent development. Keep away from this s$$t hole.

Viewing 4 - 6 of 2,291 Reviews

Glassdoor has 3,064 Swiss Re reviews submitted anonymously by Swiss Re employees. Read employee reviews and ratings on Glassdoor to decide if Swiss Re is right for you.