Swiss Re

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Swiss Re Underwriter Jobs & Careers in Switzerland

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Swiss Re Reviews

189 Reviews
4.0
189 Reviews
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Swiss Re Group CEO Michel M. Liès
Michel M. Liès
81 Ratings
  • 1 person found this helpful  

    Overall a great company but with some serious shortcomings

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Swiss Re full-time (more than 8 years)

    Pros

    Respectful and pleasant atmosphere to work in. Work is demanding but not overly. Salaries and bonuses (I believe), are still some of highest out there.

    Cons

    Opportunities for progression are very slim. Age and years of service seem to be the ultimate deciding factors, not competence. Real change (not fruitless restructuring as mentioned below) is generally unwelcome with people preferring the status quo (why rock the boat seems to be the overall attitude).
    Job security is currently a big problem as the firm continues to make ill thought out restructuring changes designed to reduce operating costs in the short term.

    Advice to ManagementAdvice

    Recognize and reward strong performers, not just those who have decades of experience under their belts.
    Actively challenge new senior management who make critical decisions like redundancies just for the sake of doing something. This ridiculous situation is absolutely apparent to us all; new guy comes in, centralizes a function if it was formerly decentralized, or vice-versa just so he can be seen to have done something significant. He picks up a fat bonus at the end, overall effect is the company bears a huge restructuring cost which adds zero value, processes which formerly worked no longer do, and good people lose their jobs.

    Recommends
    Neutral Outlook
    Disapproves of CEO

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