Swiss Re Reviews | Glassdoor

Swiss Re Reviews

Updated February 22, 2017
433 reviews

Filter

Filter

Full-time Part-time

3.8
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Swiss Re Group Chief Executive Officer Christian Mumenthaler
Christian Mumenthaler
21 Ratings

433 Employee Reviews

Sort: Popular Rating Date

Pros
  • Work life balance via Own the Way You Work, etc (in 80 reviews)

  • Great company to work with, Own the way you work (in 15 reviews)

Cons
  • Senior Management scheint in einer anderen Welt zu leben (in 20 reviews)

  • Work life balance depends on your location (in 6 reviews)

More Pros and Cons

  1. Featured Review

    "Top employer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Manager in City of London, England (UK)
    Current Employee - Business Manager in City of London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A professional company, top of class. Good benefits, facilities and staff events, supports charity of the year, has a sports and social club. Also promotes personal development and growth and there's many career opportunities within the organisation if you're happy to travel. New office spaces promotes collaboration and flexible working which is nice.

    Cons

    Global company, has a matrix/model. Often slow to implement and manage change due to complexity. Zurich centralised which can mean longer working hours to fit their hours, no overtime is paid to UK employees which can cause a challenge with work and life balance.

    Advice to Management

    Recognise and reward global team members based outside of zürich at associate and assistant vice president level who work longer hours to fit Zurich and other regional timezones to support key strategic projects for the group.


  2. "Work At Swiss Re's Beijing Office"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great working environment, innovative product

    Cons

    Still developing, the operation can be slow

    Advice to Management

    Shorten the processing time


  3. Helpful (1)

    "Swiss Re"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Corporate Development Manager in Overland Park, KS
    Current Employee - Senior Corporate Development Manager in Overland Park, KS
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Salary, work life balance and growth opportunity is very good

    Cons

    Very bureaucratic and European influenced

    Advice to Management

    Be more transparent


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "Construction Defect Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
    Current Employee - Anonymous Employee in Westlake Village, Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great benefits, internationally respected, diverse employees, interesting work and above average educated colleagues.

    Cons

    Company is moving (eventually) all operations to New York or Chicago. No job growth in Southern California and layoffs seem imminent unless I relocate to NYC.

    Advice to Management

    To Swiss Re Mgmt? None. I understand their vision an the reason for it. As they are based in Zurich, it makes sense to consolidate their U.S footprint adjacent to 90% of the companies customers.


  6. Helpful (1)

    "Swiss Re"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Armonk, NY
    Current Employee - Vice President in Armonk, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Swiss Re full-time

    Pros

    Flexibility working from home, excellent colleagues, empowerment

    Cons

    Salary, benefits, takes for ever to get promoted, huge difference from Headquarters


  7. Helpful (6)

    "Good and bad"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    Exciting opportunity to make a difference
    Own the place you work can make working expenses lower for some

    Cons

    Process driven company, senior management lacks experience and creativity, performance reviews based on forced distribution, once you get in it's all down hill, for employees over 50 there is a target on your back, not what it used to be, no creativity and employees rarely get raises. Reverse gender bias in US and gender bias in Switzerland

    Advice to Management

    Treat your employees better, live up to your core values including longevity, take a hard look at your managers - they are operational managers and not decision makers. Take care of the many an not the few. Outside of Zurich your senior managers are not respected


  8. Helpful (1)

    "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in San Francisco, CA
    Former Employee - Assistant Vice President in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Swiss Re full-time (More than 10 years)

    Pros

    Work like balance, great 401 k plan, valuable brand in the reinsurance space

    Cons

    Beaurocracy, senior leadership decisions / communication not transparent enough


  9. Helpful (1)

    "Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President & Actuary in New York, NY
    Current Employee - Assistant Vice President & Actuary in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Swiss Re full-time (More than 3 years)

    Pros

    Great company to work with, Own the way you work

    Cons

    There seem to be periodic changes and restructuring of organizational structures which could be good and not so good


  10. Helpful (2)

    "Working at Swiss Re"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at Swiss Re full-time (More than 5 years)

    Pros

    Culture, collaborative environment, very smart people, interesting topics, international exposure,

    Cons

    sometimes bureaucratic, process heavy at times


  11. Helpful (3)

    "Several positions"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Several Positions in Armonk, NY
    Current Employee - Several Positions in Armonk, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Swiss Re full-time (More than 8 years)

    Pros

    Standard benefits that you can find in other companies.

    Cons

    The difference in salary between a Manager and a direct report is huge and not proportional to the workload and responsibilities for a direct report . Ultimately there is a big number of managers and managers of managers who do not add value to the company and just generate expenses.

    Advice to Management

    There are other Reinsurers which do more with less generating more ROE. The clients appreciate less burocracy and faster response and SwissRE continues adding more people to review just a single transaction that at the same time adds more steps to the process.



Showing 433 of 458 reviews
Reset Filters