Morale has been low for years - Underwriter Swiss Re Employee Review

1.0
Jan 27, 2020
Recommend
CEO approval
Business Outlook

Pros

- big name in the industry. Can open doors for opportunities after having worked at Swiss Re - Impressive proprietary tools - Some retired or close to retirement employees passed on useful knowledge - Sabbatical program is attractive

Cons

- Uninspiring place to work - poor management locally in region, countrywide, and from Zurich - Senior management is untrustworthy - Senior management is an echo chamber of Yes Men - was not a valued employee and was underpaid - all discussions asking for guidance or change fell on deaf ears. - peers were set up to compete against each other. Manager had clear favorites. Even when favorites behaved poorly (either blatant disrespect of other colleagues/rules or reckless underwriting), the favorites continued to get preferential treatment.

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.

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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.

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