new and changed leadership - VP Swiss Re Employee Review

4.0
Apr 4, 2025
Recommend
CEO approval
Business Outlook

Pros

changes with new leadership that bring much needed discipline that was missing for past decade. Past leadership with president for the region, was flying intercontinental weekly on first class and lavish expenditure while the business was performing poorly and was finally made to go. Whilst underwriters had to forgo client travel meetings because of these bad behaviours. Now, there is a lot more focus on performance from individuals and not because you were connected to a very senior A/B band executive. A good chunk of that cronyism from the region has been removed since.

Cons

Individuals who were affected by restructuring have created a toxic culture to the ones who want to focus on their jobs, senior leaders included who are disgruntled and start little communities to influence others. Unfairness on how performance is assessed objectively and how connected you are to the most senior person in the office plays a strong factor and HR for the region has been complete useless in past years.

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Swiss Re Response
1y
Thank you for your extensive review. We are glad to hear that you are pleased to hear of your positive experiences with recent developments. Your feedback helps us move forward and develop further in the future. Thank you for trusting in Swiss Re as an employer.

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
4d
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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