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Swiss Re Reviews

Updated 17 February 2018
550 reviews

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3.6
StarStarStarStarStar
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Swiss Re Group Chief Executive Officer Christian Mumenthaler
Christian Mumenthaler
86 Ratings

550 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. Featured Review

    Helpful (3)

    "Flexible work environment AND pays for performance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Services in New York, NY (US)
    Current Employee - Business Services in New York, NY (US)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    -Offers flex hours, work from home intermitently, accomodates pertinent appts in personal life all provided you're a successfully rated employee at year end.
    -Aids in your development by providing tools necessary for success either thru online internal courses, mentoring with others outside your business line or supporting expense of education while working at Swiss Re and rotation opportunities to other business units to learn more about other areas.
    -Fair cost for benefits in comparison to the cost of other companies outside of Swiss Re. Although costs are rising, so it is for every company
    -Excellent 401k and contributions supported by Swiss Re additionally
    -Can map your success with your manager fairly easily with constant discussions to achieve your goals
    -Bonus compensations are phenomenal compared to those applying to various roles from other organizations provided you do the work and own your success
    -Pays for performers contrary to the posts I have seen. If you get clear directions from your manager on how to improve and do so, you will most certainly be rewarded appropriately. Im sure there is evidence in the teams to support

    Cons

    Hard to find large Cons. Base pay raises are difficult discussions as the larger group of employees see the positive numbers the organization reports/posts and then may not see any base pay increases based on potentially valid reasoning but still does not "feel" good to the average employee. Although, bonus compensation mitigates that should your performance warrant such an award.

    Advice to Management

    Keep educating staff on benefits of working at Swiss Re as I mentioned many above.


  2. "Great place to work"

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

    I worked at Swiss Re full-time

    Pros

    Very good Work culture
    Good Career growth

    Cons

    Makea you very comfortable


  3. "It isn’t the same company I joined"

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

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

    Pros

    Large global company. Buildings are generally nice and modern. Some locations have nice lunch facilities. Some progressive working policies but see below

    Cons

    In some areas where I have worked recently there is poor management capabilities which leads to undue pressure being put on staff to deliver and stop the wheels coming off. Not a pleasant environment. I joined the company many years ago and it seems to be getting worse. It’s not the fantastic company I joined.

    Annual engagement survey process is a joke with staff being told to make sure the results are positive as the consequences in the following year will not be pleasant.

    There is a real mix of traditional line managers who do not embrace modern ways of working which the company is supposed to be promoting and others who do. You are really lucky to find one who does.

    Advice to Management

    Do more anonymous 360 feedbacks of line managers and get the real information to help you understand what life is like as an employee. Walk the floor and talk to staff. The area I currently work in, the M.D. comes in in the morning and literally doesn’t engage with staff. How is that supposed to get staff energised and wanting to perform at their peak.


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  5. Helpful (4)

    "Avoid at all costs!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Telford, England
    Former Employee - Anonymous Employee in Telford, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Swiss Re full-time

    Pros

    None, would strongly advise against working for Reassure to anyone.

    Cons

    Staff treated very badly, blame culture, poor quality management who seem to take pleasure in treating their people with no respect, outdated systems, low wages ... That's just to name a few!

    Advice to Management

    Try treating your staff with respect instead of promoting a blame culture.


  6. "Good employer, flexible hours, good bonus"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in London, England
    Current Employee - Vice President in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Swiss Re full-time

    Pros

    Flexible work environment, good bonus

    Cons

    Slow decision-making process, otherwise positive

    Advice to Management

    Focus on how to enable the decision-making process in a timely manner


  7. Helpful (1)

    "Executive Assistant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Swiss Re full-time

    Pros

    Benefits, Location, International, Environment, People

    Cons

    Restructuring, political, long, decision, making


  8. "Admin Re administrative assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Norwich, England
    Former Employee - Administrative Assistant in Norwich, England

    I worked at Swiss Re full-time

    Pros

    Good hours, there was no expectation to work overtime.

    Cons

    Repetitive tasks on a daily basis.


  9. "Decision making could be more ... decisive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in London, England
    Current Employee - Assistant Vice President in London, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great offices and love the agile working concept
    Easy to gain experience in areas that interest you
    Lots of experts with fantastic knowledge

    Cons

    Too many meetings about meetings.
    Lack of clear decisive decision making - and feedback culture means those lower down are scared to make decisions
    The most simple things are made overly complicated
    Everyone expected to be strategic but its down to those at the bottom of the chain to decide what the strategy means and what to do about it.

    Advice to Management

    Culture of clear decision making needs to come from the top.


  10. Helpful (2)

    "Warning !!!! Admin Re - Swiss Re - Windsor Life - ReAssure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Telford, England
    Current Employee - Anonymous Employee in Telford, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Costa on site, best conversation.
    Good place to get training on how to be two-faced.

    Cons

    You can be intelligent and efficient - but not too much.
    You're colleagues and managers are all about self preservation.
    If they say 1+1 = 5 ...then just say "5" ...keep the peace.
    But if you have an ounce of self-respect you'd tell them straight.
    Local Staff have college diplomas at best, whilst the off-shore guys have MBAs and tech certificates. Treated as 2nd class citizens. Are we back to Victorian times ?

    Advice to Management

    No Advice to give. Management does not care for constructive criticism.


  11. Helpful (1)

    "Employed"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Swiss Re full-time

    Pros

    Good employee benefits and festive parties.

    Cons

    Unpleasant culture, alleged focus on quality but persistent reversion to getting work out of the door no matter how low in quality so long as it's off the outstanding work queue.


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