Excellent benefits at a complex "Knowledge" company - Anonymous employee Swiss Re Employee Review

3.0
Jan 6, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Surrounded by very knowledgeable people who truly understand their work and what they do. Insurance is a lot more interesting than it sounds - especially when you are working with Underwriters who write risk on AeroSpace, Energy, big Construction (oh the list goes on...). Exciting growth in parts of the company. Loads of opportunities to travel and live in High Growth markets like China, Brazil, Columbia, etc. Swiss Re is really a Global Organization across many locations. Employees are treated well - good benefit packages and excellent compensation (usually higher than local benchmarks). In some areas, chance to work from home after being with the company for some time.

Cons

Consensus based company - need to build agreement with everyone before can make any changes. Highly complex in systems and processes. They are working on reducing complexity, but not quite clear on how to create simple usable processes and systems that allow for growth. Due to a tough Insurance market, they are slowly reducing benefits for employees - moving towards the average benefits range. No women on the board. No women on the Executive team. Gender diversity is not there as you move upwards in the ranks. Great at external branding - not quite the same at branding internally. You may always feel like you represent the company you came from. Work life balance depends on your location. If in Zurich - yes the number of vacation days is great - but when you are working - you are working a lot and hard!! You really really need that time off.

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
1mo
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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