Swiss Re Reviews | Glassdoor

Swiss Re Reviews

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Found 684 reviews

3.5
StarStarStarStarStar
Rating TrendsRating Trends
65%
Recommend to a Friend
81%
Approve of CEO
Swiss Re CEO Christian Mumenthaler
Christian Mumenthaler
162 Ratings
Pros
Cons
More Pros and Cons
  1. "good culture and working vibe"

    StarStarStarStarStar
      Current Employee - Anonymous Employee 

      I have been working at Swiss Re full-time

      Pros

      flexible time and people are all nice

      Cons

      dont have anything to share

    • "My Opinion"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Senior Specialist 

      I worked at Swiss Re full-time

      Pros

      Benefits, Reputation, Paid Leave, Diverse, Free Fruit

      Cons

      Work Environment, Compensation, Distractions, Bureaucratic, no privacy

      Advice to Management

      New open seating environment is a joke. Clorox wipe every time you get to work and leave because they want you to sit somewhere else every day, that’s real fun.. You feel the need to whisper to co-workers while ‘collaborating’ with them. Management owns the way you work, not you. Nice people and great company but overall morale is low at the moment.

    • Helpful (7)

      "A Tough Time"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee 
      Doesn't Recommend
      Negative Outlook
      Approves of CEO

      I have been working at Swiss Re full-time for more than 4 years

      Pros

      Decent benefits, flexible working arrangements (from home/remote), opportunities for those with the right skills in the right location that know the right people.

      Cons

      In a very tough spot right now. Jobs are shifting to lower cost locations and replaced at lower salary. Company is reactive in nature to the point of being "knee-jerk" at times. It is really a phase due to the natural catastrophe losses in recent years but it is very discouraging. Lots of folks left or were asked to leave and those of us left are left inadequately equipped to pick up the pieces.

      Advice to Management

      The business and budgets were not managed conservatively for years and now it is suddenly everyone's responsibility to fix senior management's mistakes. It's not fair or transparent. You're at risk of losing your most skilled staff who feel taken advantage of and you don't seem to realize it. There is an atmosphere of "fix it tomorrow" and we're all left asking why now when it wasn't a problem for the last 15 years?

    • Helpful (3)

      "Cold"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Head of Client Loyalty in Cary, IL
      Doesn't Recommend
      Negative Outlook
      Approves of CEO

      I worked at Swiss Re full-time

      Pros

      Strong company with long history

      Cons

      Cold and inwardly focused company

    • Helpful (2)

      "Too much gossip"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Underwriting Assistant 
      Doesn't Recommend
      Neutral Outlook
      No opinion of CEO

      I worked at Swiss Re full-time for more than 9 years

      Pros

      NYC building is close to transportation

      Cons

      Gossip, clicks, hierarchy culture, unfair bonus based on band instead of contributions

      Advice to Management

      Do not treat employees like numbers! Treat employees like people and individuals,

    • "This employer is a liar (and HR writes fake 5-star reviews on Glassdoor)"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Vice President in Armonk, NY
      Doesn't Recommend
      Negative Outlook
      No opinion of CEO

      I worked at Swiss Re full-time for more than 9 years

      Pros

      Pros truly depends on the team you are in and which location you work from. In general vacation is good and some benefits like the COyou2 program to support sustainable purchases are over the average of the industry

      Cons

      Zero growth opportunities in the last years; outlook for the company is negative after the Tax Act 2018 which pushed non-US reinsurers to play on a more fair playground tax-wise. Senior management is non transparent and comes up every year with a new creative explanation of why the company is unable to match the expectations in terms of performance bonuses: in 8 years at this company I never got the target bonus I was...

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      Advice to Management

      Stop lying

    • "Good Company"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Assistant in New York, NY
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Swiss Re full-time for more than 9 years

      Pros

      All good, work from home is a plus

      Cons

      Need more than 1pct raise

      Advice to Management

      None

    • Helpful (13)

      "Sexual harassment and bullying are rampant"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Assistant Vice President in Kansas City, MO
      Doesn't Recommend
      Negative Outlook
      No opinion of CEO

      I have been working at Swiss Re full-time for more than 4 years

      Pros

      401k is nice. Education reimbursement is unmatched so far.

      Cons

      The company is doing VERY poorly so I imagine the only pros will be cut soon. HR does not care about employees and they lie to get people to start with this company. If you have an issue with bullying, harassment, sexual harassment, etc. HR will not protect you or help you. They are there to protect the company! Just get a lawyer. HR is wildly uneducated and uniformed about how to treat employees. The open office environments...

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      Advice to Management

      They won’t listen and the company is too far gone.

    • Helpful (1)

      "Great company... Truly global"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee 
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Swiss Re full-time

      Pros

      There are a lot of smart people who work hard and do their job well. There are a lot of chances to work on global projects and initiatives and take up job rotations or work abroad in other locations. Management pushes a culture of integrity, discipline and empowerment. There are few hierarchies and many chances to work on projects beyond your assigned role. There is very little or no micro management. The company focuses...

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      Cons

      Since the company is based in Switzerland, most of the career growth opportunities are in Switzerland. The performance management or employee rating system doesn’t compliment the company culture.

      Advice to Management

      Replace the performance management process and program.

    • Helpful (32)

      "Rampant Sexual Harrassment Ignored by HR and Management"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Underwriter in New York, NY
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I have been working at Swiss Re for more than 9 years

      Pros

      There are no positives of working at Swiss Re

      Cons

      Harvey Weinstein will likely be Swiss Re’s next hire. There have been numerous reports to HR of sexual harassment and physical attacks against several women in the NYC office all stemming from the same individual. Management has turned a blind eye. If you are a female or self respecting male avoid working here at all costs. The HR issues and rampant sexual harassment will likely play out in the press sooner rather than...

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      Advice to Management

      Protect your female employees.

      Swiss Re Response

      January 16, 2019Strategic Resourcing & Talent Consultant

      We've seen your review and assure you that we take your allegation seriously. Swiss Re is strongly committed to maintaining a positive working environment, free of workplace harassment. We hold the entire staff directly accountable for their behaviors. As a matter of policy, Swiss ...

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    Found 684 reviews