Who is writing these reviews? Not anyone with insurance experince! - Senior Vice President Swiss Re Employee Review

1.0
24 Oct 2019
Recommend
CEO approval
Business outlook

Pros

Strong capital base - too big to fail Good severance package for the older experienced employees that they are getting rid of for cost cutting measure Lives off past reputation

Cons

1. Company run by (US) inexperienced executives who make all the wrong decisions 2. Employees underpaid by 30%. Ask anyone who left 3. Every decision is to reduce employee benefits 4. Cater to their “graduates” instead of veteran employees 5. Poor ability to learn 6. Who you report to more important than your own skill 7. Management vindictive and often uses “reapply for jobs”, restructuring, and other techniques to reduce salaries 8. After a few years raises disappear 9. Five percent budget decrease each year eventually impacts salaries 10. Leadership came from failed companies that support each other 11. HR is not your friend avoid any interaction, unethical 12. Alice in wonderland strategy 13. Not one respected leader all the good ones left

Explore other reviews about Swiss Re

5.0
7 Feb 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

They invest in their employees. good culture.

Cons

Things move slowly through upper mgmt

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Swiss Re Response
2mo
It’s great to hear that the supportive environment and people‑focused culture resonated with you during your time at Swiss Re. We recognize that larger organizations can naturally move a bit slower, we’re continually working to make processes smoother for our employees. Thanks for taking the time to share your experience.
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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