Good company, Poor salary - Associate Swiss Re Employee Review

4.0
Feb 17, 2018
Recommend
CEO approval
Business Outlook

Pros

1. Flexible working hours. You can really "own the way you work" as the company promises. 2. Meritocratic culture. Excellence in anything that you do is highly appreciated. 3. Internal mobility. If your performance is good enough, the company encourages you to take up any other roles if you wish to do so. In quite a few cases, people have relocated to teams in other countries as well. 4. Bangalore is the centre of attention for all global activities of Swiss Re currently as they are trying to establish the Bangalore office as their biggest centre of excellence. 5. In June 2018, the office is moving to a new building in Embassy Golf Links Bangalore, which is going to be a state of the art building with standard Swiss Re interiors just like all other the global offices. 6. Overall, most of the employees are friendly and the relation between various teams is a healthy one.

Cons

1. Salaries could be better. Especially the variable component, which is just peanuts. The company compares itself with global investment banks in terms of business and culture. But in terms of pay, it lags far behind these banks, especially at the Associate and AVP levels. This leads to a lot of good talent making a move to other firms. 2. Although the HR policies are great (as they are the same globally), the HR personnel in Bangalore are NOT as professional as you would expect them to be. 3. No formal training before you commence your job. The company believes in on the job training, which sometimes takes you by surprise.

Explore other reviews about Swiss Re

5.0
Mar 10, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture, people are helpful

Cons

Over-engineering in making decisions. Lots of hoops to jump through to get things done.

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Swiss Re Response
3w
We’re glad the culture and supportive colleagues have been meaningful in your experience. We know large organisations can sometimes feel complex, and we're constantly working to simplify decision making where possible. Thank you for your review.
2.0
May 30, 2026
Recommend
CEO approval
Business Outlook

Pros

1. 12% 401k match 2. Amazing co workers in the trenches but this is rapidly changing as people look for the exits.

Cons

1. Management - the new management team has a maximum personal bonus / profit only mindset. Cost cutting reigns. 2. Constant layoffs. No job is safe. 3. Company has offshored many jobs to India and is in a race to move key underwritering, engineering, claims functions to India as well. Overall, it feels more like a private equity gut job than a publicly traded company.

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