Swiss Re reviews

3.9

74% would recommend to a friend

(2,276 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 2,276 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
1.0
Oct 24, 2019
Recommend
CEO approval
Business Outlook

Pros

Strong capital base - too big to fail Good severance package for the older experienced employees that they are getting rid of for cost cutting measure Lives off past reputation

Cons

1. Company run by (US) inexperienced executives who make all the wrong decisions 2. Employees underpaid by 30%. Ask anyone who left 3. Every decision is to reduce employee benefits 4. Cater to their “graduates” instead of veteran employees 5. Poor ability to learn 6. Who you report to more important than your own skill 7. Management vindictive and often uses “reapply for jobs”, restructuring, and other techniques to reduce salaries 8. After a few years raises disappear 9. Five percent budget decrease each year eventually impacts salaries 10. Leadership came from failed companies that support each other 11. HR is not your friend avoid any interaction, unethical 12. Alice in wonderland strategy 13. Not one respected leader all the good ones left

2.0
Oct 28, 2017

Most employees feel miserable

Recommend
CEO approval
Business Outlook

Pros

Great reputation and strong capital

Cons

Its living off a reputation earned 20 years ago. Swiss Re no longer stands for what it used to. It as become a process driven company that does not value knowledge. Swiss Re only takes care of a few employees some good others not so good. Be prepared to go with no raises for years. Little upward mobility. Pay is the same regardless of experience. The are moving all the jobs to low costs countries overseas. Losing talent in local markets. There are few people in SR with any reputation.

4.0
Feb 15, 2017

Top employer

Recommend
CEO approval
Business Outlook

Pros

A professional company, top of class. Good benefits, facilities and staff events, supports charity of the year, has a sports and social club. Also promotes personal development and growth and there's many career opportunities within the organisation if you're happy to travel. New office spaces promotes collaboration and flexible working which is nice.

Cons

Global company, has a matrix/model. Often slow to implement and manage change due to complexity. Zurich centralised which can mean longer working hours to fit their hours, no overtime is paid to UK employees which can cause a challenge with work and life balance.

Viewing 7 - 9 of 2,276 Reviews

Glassdoor has 3,046 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.