Excellent benefits at a complex "Knowledge" company - Anonymous employee Swiss Re Employee Review

3.0
Jan 6, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Surrounded by very knowledgeable people who truly understand their work and what they do. Insurance is a lot more interesting than it sounds - especially when you are working with Underwriters who write risk on AeroSpace, Energy, big Construction (oh the list goes on...). Exciting growth in parts of the company. Loads of opportunities to travel and live in High Growth markets like China, Brazil, Columbia, etc. Swiss Re is really a Global Organization across many locations. Employees are treated well - good benefit packages and excellent compensation (usually higher than local benchmarks). In some areas, chance to work from home after being with the company for some time.

Cons

Consensus based company - need to build agreement with everyone before can make any changes. Highly complex in systems and processes. They are working on reducing complexity, but not quite clear on how to create simple usable processes and systems that allow for growth. Due to a tough Insurance market, they are slowly reducing benefits for employees - moving towards the average benefits range. No women on the board. No women on the Executive team. Gender diversity is not there as you move upwards in the ranks. Great at external branding - not quite the same at branding internally. You may always feel like you represent the company you came from. Work life balance depends on your location. If in Zurich - yes the number of vacation days is great - but when you are working - you are working a lot and hard!! You really really need that time off.

Explore other reviews about Swiss Re

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

The people you work with are amazing. The benefits are wonderful. I appreciate the bonus structure and the growth I've experienced with the organization.

Cons

Leadership's strategy and vision are severely lacking and self-serving. There's a lot of favoritism with the same people being included in decision-making without consideration for their ability to actually deliver results. In turn, the lower-level employees are left to clean up the disaster. I see that Swiss is on here making comments on employee reviews - hopefully they take note of how many people in the last 90 days said the same thing about the leadership strategy. We're not on glassdoor because we like reviewing our company - we're here looking for outside opportunities because of the way the company is currently operating. We're bleeding good talent because they no longer align with the corporate strategy.

1
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.

3
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Swiss Re Response
1d
Thank you for your review. We are glad to hear you valued your colleagues and some of the benefits of working at Swiss Re. We also take your concerns about change, stability and ways of working seriously, and we remain focused on ensuring a respectful and supportive environment across our global organisation.
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