Swiss Re Reviews | Glassdoor

Swiss Re Reviews

Updated October 18, 2017
507 reviews

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3.6
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Swiss Re Group Chief Executive Officer Christian Mumenthaler
Christian Mumenthaler
64 Ratings

507 Employee Reviews

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Pros
Cons
  • Non-stable senior management team hence you don't know what to focus on (in 22 reviews)

  • Things move a little slowly; decision making authority limited to a select few (in 10 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (8)

    "Top employer"

    StarStarStarStarStar
    • 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. "Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends

    I worked at Swiss Re full-time

    Pros

    Great salary and benefits package

    Cons

    None that i can speak of

  3. "Overall good"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Fort Wayne, IN
    Current Employee - Anonymous Employee in Fort Wayne, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Swiss Re full-time (Less than a year)

    Pros

    Great benefits, great people, and really cool building.

    Cons

    Huge company, so lots of hoops to jump through for changes.


  4. Helpful (1)

    "Compliance Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Swiss Re full-time

    Pros

    Good salary and overall benefits.

    Cons

    No room for growth. Little work-personal life balance.


  5. "Overall a very good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriter in Chicago, IL
    Current Employee - Underwriter in Chicago, IL
    Recommends

    I have been working at Swiss Re full-time (More than a year)

    Pros

    Fair pay and great benefits. 6% 401K match and yearly profit sharing.

    Cons

    Lots of corporate politics within the office.


  6. Helpful (2)

    "Swiss Re Americas"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Stable company leader in the reinsurance sector. Top employer in Zurich, yet average elsewhere. Promotes some degree of internal mobility and international assignments from the HQ, less from the hubs. Strong brand in the insurance industry.

    Cons

    Limited opportunities for growth in the hubs. Slow paced and bureaucratic at times. Compensation is average in the hubs and takes decades for raises.

    Advice to Management

    There is a clear need for a serious retention strategy of talents in the hubs and to align compensation, perks, benefits and vacation standards globally across the organization.


  7. Helpful (3)

    "Good organization to work for, but fraught with a lot of internal politics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Vice President, Operations in Armonk, NY
    Current Employee - Senior Vice President, Operations in Armonk, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great compensation. Global organization with good opportunities for advancement in a number of roles. Investment in technology is seen as key for the success of the firm long term.

    Cons

    Weak senior executive leadership. Lack of true strategic vision for topics such as operations. Extremely Zurich centric - essentially if one is not based in Switzerland employees are treated like second class citizens.

    Advice to Management

    Move into the 21st century and value your talent regardless of where they are based. We have the technology to make global organizations effective.

  8. "Great company"

    StarStarStarStarStar
    • 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 (Less than a year)

    Pros

    Great benefits, flexibility, people, and salary.

    Cons

    No growth unless department change, and work load is low to my preference.


  9. "Director"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Swiss Re full-time

    Pros

    nice people, interesting work, good sense of work life balance

    Cons

    nothing really in terms of cons. it was an ok place to work

    Advice to Management

    greater transparency in terms of changes at the senior management level and overlap of management roles between europe and us


  10. "Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Swiss Re full-time

    Pros

    401 K, working from home policy, global company

    Cons

    Need better planning in tasks to be completed within a reporting period and better planning in workload. Sometimes this job could be very stressful. e.g. work at almost every night and every weekend for continuous 6 weeks.

    Sometimes feel like, engineers are tools. The only feature required is 'easy to use' and be able to use whenever needed.

    Advice to Management

    The higher the position, the more responsibilities should come with that position. Sometimes when issue happens, no one from mangement team is out there to make sure the issue is resolved.


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