new and changed leadership - VP Swiss Re Employee Review

4.0
Apr 4, 2025
Recommend
CEO approval
Business Outlook

Pros

changes with new leadership that bring much needed discipline that was missing for past decade. Past leadership with president for the region, was flying intercontinental weekly on first class and lavish expenditure while the business was performing poorly and was finally made to go. Whilst underwriters had to forgo client travel meetings because of these bad behaviours. Now, there is a lot more focus on performance from individuals and not because you were connected to a very senior A/B band executive. A good chunk of that cronyism from the region has been removed since.

Cons

Individuals who were affected by restructuring have created a toxic culture to the ones who want to focus on their jobs, senior leaders included who are disgruntled and start little communities to influence others. Unfairness on how performance is assessed objectively and how connected you are to the most senior person in the office plays a strong factor and HR for the region has been complete useless in past years.

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Swiss Re Response
1y
Thank you for your extensive review. We are glad to hear that you are pleased to hear of your positive experiences with recent developments. Your feedback helps us move forward and develop further in the future. Thank you for trusting in Swiss Re as an employer.

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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