Swiss Re Reviews

Updated October 12, 2014
Updated October 12, 2014
175 Reviews
4.0
175 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Swiss Re Group CEO Michel M. Liès
Michel M. Liès
75 Ratings

Review Highlights

Pros
  • technology & culture allow flexibility of work location, working hours, work/life balance (in 31 reviews)

  • Very intelligent people, great benefits and overall respect for private time (e (in 14 reviews)


Cons
  • Senior management focuses too much on "the numbers" that they will deliver to shareholders and not enough on what their employees are actually doing (in 9 reviews)

  • Work life balance, depends on line of business you are involved, or markets (ie (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Vice President - Software Engineer in New York, NY
    Former Employee - Associate Vice President - Software Engineer in New York, NY

    I worked at Swiss Re full-time (more than 3 years)

    Pros

    Work life balance, good pay.

    Cons

    As it is a Zurich company, promotions can be scare.

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Pleasant work place

    • 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

    Pros

    Pretty good with salaries, not long hours, flexible, and interesting global staff

    Cons

    Can be stiff people to work with, internal politics problematic, bonuses not good, should have better training opportunities

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Actuarial Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Actuarial Intern in Fort Wayne, IN
    Former Employee - Actuarial Intern in Fort Wayne, IN

    I worked at Swiss Re as an intern (less than an year)

    Pros

    Well respected name and above average pay. Employees hold each other to the highest standards. Internally competitive in a healthy way; there is not much in the way of office politics and back stabbing here. Clear expectations from the start of the internship.

    Cons

    Tends to be very bureaucratic. Senior management focuses too much on "the numbers" that they will deliver to shareholders and not enough on what their employees are actually doing.

    Advice to ManagementAdvice

    Spend more time discussing how employees can perform better instead of just how to increase the quarterly ROE.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Great company with great people.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Manager in New York, NY
    Former Employee - Client Manager in New York, NY

    I worked at Swiss Re full-time (more than an year)

    Pros

    Great work life balance, attainable expectations. Strong management team in place.

    Cons

    Too many internal reorganizations is confusing for employees and customers. Also, things are not always dynamic enough. It shouldn't take months to get approvals for a minor change!

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Actuarial Development Program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actuarial Development Program in Armonk, NY
    Current Employee - Actuarial Development Program in Armonk, NY

    I have been working at Swiss Re as an intern (less than an year)

    Pros

    Work-life balance is great, hours were flexible, and company promoted personal growth through experience in areas outside of your specified role. As an intern, I was able to meet with so many graduates and experienced professionals from other parts of the company. It was difficult getting work as an intern, but I was able to make this internship very worthwhile by reaching out, networking, and getting educated.

    Cons

    They are doing a great job improving their internship program, however some areas are lacking in their ability to work the interns, seem uninterested in having one, or are just too overloaded during quarter end for the intern.

    Recommends
    Positive Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Excellent place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President
    Former Employee - Assistant Vice President

    I worked at Swiss Re full-time (more than 5 years)

    Pros

    Excellent company to work for. Good salary and benefit. Work life balance mostly OK. Global exposure is a plus, people moves around within the company, lots of internal opportunities.

    Cons

    Suffered from 2008 financial crisis, business affected by industry cycles. Constant change in directions, lots of reorganization and frequent change in management in recent years.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Overall a positive experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Armonk, NY
    Current Employee - Vice President in Armonk, NY

    I have been working at Swiss Re full-time (more than 10 years)

    Pros

    The company is generally generous with respect to compensation, bonuses, retirement plans and work/life balance.

    Cons

    Heath care keeps going up as I'm sure is happening in other companies. I'm not sure the new high deductible plan is good for employees.

    Advice to ManagementAdvice

    It seems that is you are not a Swiss man living in Zurich opportunities for senior positions are much rarer to come by. While I have seen some change in this recently, more work needs to be done.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Overall great experience. Would highly recommend the Interns@ program to anyone considering a career in Reinsurance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Actuarial(@ Program) in Armonk, NY
    Current Employee - Actuarial(@ Program) in Armonk, NY

    I have been working at Swiss Re as an intern (less than an year)

    Pros

    Great learning and growth opportunities as a Summer Intern. Swiss Re encourages a healthy work life balance, and has proven to be a warm and friendly environment to work in. The Armonk campus and building is beautiful and functional. The Interns@ program is a great way to get to learn about many different aspects of the re/insurance industry and encourages socializing and networking both with other interns and more senior employees.

    Cons

    Even as an Intern you still have to apply and go through the same competitive interview process as non-interns for a full time job at the company. There can sometimes be a confusion as to the many different intern programs which run throughout the summer (Interns@, Actuarial Development Program, Summer Jobs). Location (which may actually be a pro during the summer).

    Recommends
    No opinion of CEO
  10.  

    Good Company

    • 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

    Culture, benefits, challenging work environment

    Cons

    In some positions opportunity for advancement can be limited

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    equity analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Equity Analyst in New York, NY
    Former Employee - Equity Analyst in New York, NY

    I worked at Swiss Re full-time (more than an year)

    Pros

    Flat org structure, open offices layout, easy access to the management and top management, performance review very fair and quantitative

    Cons

    hard to move from one group/division to another. Not much strategic transparency

    Recommends
    Neutral Outlook
    No opinion of CEO

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