Swiss Re Reviews | Glassdoor.co.uk

Swiss Re Reviews

Updated Oct 10, 2019

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Found 783 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
67%
Recommend to a Friend
80%
Approve of CEO
Swiss Re CEO Christian Mumenthaler
Christian Mumenthaler
198 Ratings
Pros
Cons
  • "Some times its difficult build repo with Zurich Teams(in 34 reviews)

  • "Not many female in senior position, the senior management is predominately male(in 24 reviews)

More Pros and Cons
  1. Featured Review
    Helpful (1)

    "Solid company, great workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Swiss Re full-time

    Pros

    Very interesting work, in a multitude of areas. Top notch people, very talented and well informed. Kind culture, it is a pleasure to work in inter-departmental teams. Excellent development opportunities.

    Cons

    Many stakeholders may make things somewhat slower.

    Swiss Re2019-06-26
  2. "Swiss Re cares about their people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Audit Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Swiss Re full-time for more than 3 years

    Pros

    Flexible working Bonuses Additional benefits granted by management

    Cons

    Limited opportunities for progression outside the Reinsurance business

    Advice to Management

    Management should provide more opportunities for employees to progress their careers

    Swiss Re2019-10-02
  3. "Excellent place to learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Underwriter in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Swiss Re full-time for more than 5 years

    Pros

    Good team focus Knowledge sharing Training Innovation

    Cons

    Can be complex and over thought iro work process. Basic pay already lower then market competitors

    Advice to Management

    Talent management Not taking advantage of current market conditions to keep salaries suppressed. Recognition is very important.

    Swiss Re2019-10-05
  4. "Investment Analyst, Admin Re"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at Swiss Re full-time

    Pros

    - Great working environment - Excellent Colleagues

    Cons

    - Non that I can think of

    Swiss Re2019-09-25
  5. Helpful (2)

    "Great name, great ambitions, some excellent colleagues"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director 
    Doesn't Recommend
    Neutral Outlook

    I worked at Swiss Re full-time for more than 3 years

    Pros

    Its a big company with a solid reputation.

    Cons

    Its trying to compete in a crowded space without true differentiation. There is an arrogance about its approach to customers and staff, driven by a complacent leadership team.

    Swiss Re2019-08-11
  6. Helpful (2)

    "Not the best - not the worst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Researcher in London, England
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Swiss Re full-time for more than 3 years

    Pros

    Salaries are very generous Opportunity for travel all over the world Exposure to very senior industry people Good internal hiring prospects

    Cons

    Very hierarchical Still relatively inflexible way of working Zurich- centric Very much an ‘old boys club’ in terms of mid- upper management Poor female representation at senior levels Lack of transparency in senior decisions Lack of stability; constant restructuring

    Swiss Re2019-07-26
  7. Helpful (1)

    "Decent company to work for but could be better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at Swiss Re full-time for less than a year

    Pros

    - Own Your Way To Work initiative makes flexible working possible - Diverse culture with colleagues from different background / culture working together - Decent pension, gym and healthcare benefits

    Cons

    - Low morale from certain teams, engagement score at all time low - No inflationary salary adjustment, so loyalty is not really encouraged, but penalised as after some years at Swiss Re your pay is going to be eroded by inflation - Higher than industry average gender pay gap - Not many female in senior position, the senior management is predominately male

    Advice to Management

    Low morale reflected in low employee engagement score needs to be addressed, with actions and not just words. Without inflationary salary increase every year, Swiss Re pay is lagging behind competitors and Swiss Re needs to address this before losing talented individuals to the competitors.

    Swiss Re2019-07-15
  8. "Modern and global but you have to have a strong backbone"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England

    I worked at Swiss Re full-time for less than a year

    Pros

    Very modern place to work Feels very global Flexibility

    Cons

    Preferential treatment based on personal relationships Too much pressure Long hours People don't know each other at all

    Swiss Re2019-06-04
  9. "Exposure to challenging work due to poor management decisions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Tax Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Swiss Re full-time for more than 5 years

    Pros

    Work and life balance Knowledge company Technology driven

    Cons

    Poor selection of back office location with limited supply of qualified staff Lack of foresight in staff retension

    Advice to Management

    Only hire where there are business

    Swiss Re2019-05-15
  10. "Feedback"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - H R Administrator in London, England
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at Swiss Re full-time for less than a year

    Pros

    The best experience from this position is the company name on the CV

    Cons

    No management, long working hours, no support from work colleagues

    Swiss Re2019-03-19
Found 783 reviews