Swiss Re reviews

3.9

74% would recommend to a friend

(2,277 total reviews)
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Andreas Berger

72% approve of CEO

64% positive business outlook

Swiss Re has an employee rating of 3.9 out of 5 stars, based on 2,277 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 Seguros industry (3.6 stars).

Reviews by job title

2K reviews
3.0
Mar 21, 2018
Recommend
CEO approval
Business Outlook

Pros

Good fringe benefits. If a good regular pay check is all you need to be happy - then this is the place for you!

Cons

If you are looking for personal growth and meaningful career progress & recognition - then this is the wrong company. Reasons: 1. Zurich central/Heavy politics: This is a very Zurich-centered company. Everything is steered by the Swiss and some Germans in the top management. Heavy politics and lots and lots of opportunists. Most people are just happy with their high pay-check and just shut up. 2. Career limits: Female leaders are almost non-existent in the top management, and if there is any - it is only caucasians. It is difficult to climb up above director level unless you are Swiss/German. They are talking about Diversity for over 10 yrs and still no progress. Most of the employees are middle aged white men. 3. Bonus distribution & annual rating can be unfair, as everything is left to the line manager's decision.

3.0
Jul 5, 2017

Bureaucratic nightmare

Recommend
CEO approval
Business Outlook

Pros

Good people in the Canadian office, good benefits, work from home option, nice office. Summer and X-Mas events.

Cons

There is an attempt to get 1.5 or 2 or 3 FTE for the price of one. They don't want to pay for the number of staff they should have, or for overtime, but nonetheless expect all the work to get done. Needlessly bureaucratic , which isn't helped by embarrassingly out of date technology that keeps everything moving at a snail's pace. Bizarre and illogical reporting structures that needlessly have Canadian staff reporting to people in the US who shouldn't be managing anyone in any country. No annual raises post 2008 despite the fact that the financial crisis was a decade ago and the company posts profits in the billions.

2.0
Mar 10, 2016
Recommend
CEO approval
Business Outlook

Pros

People are generally great to work with, regardless of location they are from. Flexible work schedule and location (personally, my schedule is a four day work week and three of those are from home, and have been able to work from 1,000 miles away for a month each of the last two winters).

Cons

Compensation in recent years has not reflected corporate success. For calendar years 2011-2015 company has averaged nearly $3.9b in net income ($2.6b, $4.2b, $4.4b, $3.5b, and $4.6b) yet after the last three of those years the company has given 0% salary increase and bonuses have decreased annually.

Viewing 28 - 30 of 2,277 Reviews

Glassdoor has 3,048 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.