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      Swiss Re

      Engaged Employer

      Swiss Re reviews

      3.9

      74% would recommend to a friend

      (2,278 total reviews)
      avatar

      Andreas Berger

      72% approve of CEO

      62% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      4.0

      Work/Life balance

      3.9

      Culture & values

      3.8

      Compensation and benefits

      3.4

      Career opportunities

      3.2

      Senior management

      Swiss Re has an employee rating of 3.9 out of 5 stars, based on 2,278 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).

      Ratings by demographic groups

      Reviews by job title

      2K reviews
      3.0
      Jun 29, 2022

      It's okay

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      I enjoy working here, I've been here 10 years. However most, team leads/managers are great to work for. D&I is kind of getting better (but meetings, presentations, etc about it are getting old), great collaboration with colleagues.

      Cons

      Pay is very low - small or no raises as you advance, bonuses are fixed unless you get promoted. Salary is MUCH lower than industry average. They used to justify this with benefit packages and Own the Way you Work. However, post pandemic that's not unique and our packages get worse every year. Upper management doesn't really interact with more junior employees. Depending on what department you are in or start in - there isn't as much room to grow as others.

      4.0
      Jun 20, 2021

      Good company to work for

      Assistant vice president actuary
      Recommend
      CEO approval
      Business Outlook

      Pros

      1. Own the way you work policy is great 2. Senior leadership team has been really proactive in handling pandemic related challenges 3. The company really values and promotes inclusion and diversity 4. Good culture and work life balance 5. Quality of work is great from a learning perspective

      Cons

      1. Annual performance incentive (variable pay) is not revised on a yearly basis. This is the BIGGEST drawback. Even though the fixed pay gets revised annually, the variable remains the same for several years. So the variable component as a proportion of the overall pay keeps shrinking with time. Due to this reason, the actual salary revision % is lesser than the number communicated, because ONLY the fixed component changes. For example, if the increment is 7%, this means that fixed component changes by 7% but variable component changes by 0%. Hence, the actual revision to the gross pay would be somewhere around 5-6% depending on how big the variable component is. 2. Promotions and growth are slower compared to other global offices even if you have a great performance record. Due to this a lot of staff members relocate to other offices and come back after a few years as a senior leader

      3.0
      Aug 26, 2020

      Good benefits, but gender pay gap is real

      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      good benefits, nice people, not stressful, flexible working hours and work from home

      Cons

      serious gender pay gap when looking at people in same position with identical experience

      avatar
      Swiss Re Response
      5y
      We've seen your review and assure you that we take it very seriously. Swiss Re is committed to ensuring equal pay for equal work and complies with all legal obligations associated with pay equity. We have a non-discriminatory approach to determining pay at all levels. Every year we review individual pay levels with an eye to maintain internal pay equity and pay-for-performance.
      Viewing 130 - 132 of 2,278 Reviews
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      Glassdoor has 3,049 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.