Swiss Re reviews

3.8

71% would recommend to a friend

(312 total reviews)
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Andreas Berger

69% approve of CEO

62% positive business outlook

Reviews by job title

312 reviews

Reviews about "Compensation"

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3.0
Jun 1, 2026
Recommend
CEO approval
Business Outlook

Pros

- The pay isn't bad (when compared with other insurance/reinsurance companies). - Much to learn, and there are opportunities for job rotation. - Some co-workers are friendly, knowledgeable, and helpful; great to work with such people.

Cons

- Company is consistently "making profits" every year, top management will proudly announce we have hit our targets, and yet the increments and bonuses fail to reflect it. - Work-life balance depends on where you are and what you work as. To be fair, not saying there is none: it depends. But for most people, working more than standard work hours is the norm. That is the only way to keep your heavy pile of work from overwhelming you. - Terrible top management: all-about-profits mentality, do what's easier instead of what's better, vague/empty promises, lack of accountability and direction, talking about empowering staff but not giving them any real power to make changes, slow decision-making, etc. Cost-cutting seems to be the favored method instead of coming up with proper solutions. Don't expect stability here. - Heavy outsourcing to India. I'm not putting the Indians down; I have good colleagues there that I appreciate. But the management there is one of the most toxic, and there are lots of unresolved complaints. The good Indians will leave once they reach their limits, and you get what's left. - Lack of proper training. You get about a week or two of training and then you're expected to work for real and "learn on the job". Your seniors are usually too busy with their own massive workloads to help much, or there are no good training guidelines to follow. Then of course you will make mistakes, which will come back to you sooner or later, and then you have to waste precious time to solve it when it could've been prevented by proper guidance. - Too many systems (many which are outdated) causing slow, complicated workflow. You work in System A which relies on System B which itself ties to System C, so a problem in one may lead to a problem in all. Brilliant!

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Swiss Re Response
1mo
Thank you for taking the time to share your perspective. It is good to know that you see positives in areas such as learning opportunities, job rotation and collaboration with colleagues. We take your broader feedback seriously as we continue to focus on fairness and a positive employee experience across all locations.
2.0
May 30, 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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Swiss Re Response
1mo
Thank you for your review. We are glad to hear you valued your colleagues and some of the benefits of working at Swiss Re. We also take your concerns about change, stability and ways of working seriously, and we remain focused on ensuring a respectful and supportive environment across our global organisation.
4.0
May 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Ability to move within company

Cons

Slow progression Lower pay than competitors

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Swiss Re Response
1mo
It’s good to hear that you see value in the ability to move internally and explore different opportunities within Swiss Re. We also recognize that experiences around progression and compensation can vary depending on role, market, and timing. We appreciate you sharing your perspective.
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