Profits over people - Vice President Swiss Re Employee Review

1.0
Mar 17, 2025
Recommend
CEO approval
Business Outlook

Pros

Great 401k match and vacation allowances including sabbatical at 10 years.

Cons

This company used to really care about employees and work/life balance. That has all changed with the new CEO. He is ruthless and only cares about his quest to be number 1 in profits. Customers and employees dare not step into his path. Teams are being gutted and bonuses have been slashed across the board by 20%+. Swiss Re turned a $3.2 billion profit in 2024 but this is somehow not enough. Corporate greed has taken over and the CEO is steering us right into the storm.

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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