Badge Swipes Over Performance - Underwriter Swiss Re Employee Review

2.0
10 Jan 2026
Recommend
CEO approval
Business outlook

Pros

401k has a good match.

Cons

The company mandates three days in the office and enforces it through badge swipe reports. Failure to comply can be reflected in raises or bonuses. Career growth is non existent. Pay transparency is ignored despite state law. Compensation is not up to market standard. Management is complacent and repeatedly hires underqualified people, then quietly assigns the rest of the team to train them, on top of their real jobs, without compensation or credit. “Own the Way You Work” means 3 days in office or you will be punished. This isn’t the place for experienced professionals, maybe good for newer employees entering the workforce.

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Swiss Re Response
4mo
Thank you for your feedback. We’re glad you appreciate the benefits we offer, including our 401(k) match. Your thoughts on hybrid work and career development are valued as well. Our Own the Way You Work™ programme is designed to offer managers and employees greater flexibility while ensuring alignment with team, client, and local needs. At the same time our offices remain a vital part of our hybrid model, supporting our collaborative culture. For career development, we’re enhancing our learning and talent environment, making learning paths clearer and more accessible for everyone. We’re also committed to pay transparency with ongoing efforts to ensure that information is clear and easy to find for all employees. Our pay remains within market benchmarks. Your input will be taken into consideration as it helps us improve the employee experience. Thank you again for sharing your perspective.

Explore other reviews about Swiss Re

5.0
10 Mar 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
30 May 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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