Swiss Re is ok but isn't what it used to be. - Vice President Swiss Re Employee Review

3.0
Aug 26, 2012
Recommend
CEO approval
Business Outlook

Pros

* Good budgets * Good buildings and lunch * Sometimes a nice atmosphere between teams when pressure isn't at maximum * A pool of experts to consult (among weaker contributors). * A respected name across the insurance sector

Cons

* Your line manager's behaviour has a huge influence on the Swiss Re experience. Some are competent leaders. Some are control freaks and don't trust specialists with vast industry experience, but follow external views religiously. * If you aren't Swiss then your opinion carries less value. * Lack of pragmatism and dynamism amongst many Swiss hampers the work * Compensation is good for the dead wood but poor for high-achievers. * People are in danger of burn-out with shrinking headcount. * Cost cutting is reducing quality of services.

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.

avatar
Swiss Re Response
3w
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.

1
See reviews by: Helpful|Rating|Date|All