Swiss Re reviews

3.9

74% would recommend to a friend

(2,277 total reviews)
avatar

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
5.0
Oct 26, 2019

Great Employer

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good people, fair managers, enable a good work-life balance while still having a success-oriented culture. Intra-company mobility is good, allowing for a diverse career progression.

Cons

Relatively slow-moving and not particularly agile

1.0
Jun 25, 2018
Recommend
CEO approval
Business Outlook

Pros

Financially strong. A few people that know the business but they are being forced out by leadership who knows nothing about reinsurance or how to motivate others. If it is the only port in the storm take it but if you have a decent job elsewhere - STAY!

Cons

There are too many to list. Management and HR lies and the supports each others denial. Management will set you up to fail in order to reduce headcount. In the midst of a layoff. Targets older workers and uses whatever illusions it can to avoid being sued. Dishonest. Poor pay and bonus. Company run for the Senior Managers. You could perform a miracle but you manager will take credit and you will be ignored. On the other hand they could make a tremendous mistake but pass the responsibility to you. Revises performance reviews after discussions with employees. Uses a 360 review but ignores the many compliments and instead focuses on the negative. Swiss Centric - it is their ball and they make the rules People are against each other. Morale is very low and fading.

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

Viewing 22 - 24 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.