Swiss Re reviews

If you are based in Zurich, you get a wealth of benefits no one else in the company gets including 1% mortgages, credit cards, free food every day, beautiful health /gym facilities, an extra 4 weeks vacation after 10 years with the company among others! If you work anywhere in the US, you are not considered valuable, important or worth much more than the dirty desk you sit at. Despite the fact that the North American region represents about 50% of Swiss Res' global profits, we get likely 15% of the resources and benefits that Swiss Re allocates. The rest goes to Zurich based staff. It is time to start investing in your non Swiss employees so your turnover won't be so horrific. Good people are leaving Swiss Re in droves and are being replaced with low paid staff who steal from the office. The economy isn't that bad that qualified employees won't find jobs. Only the losers will stay because they know they can't find work elsewhere.

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.