It's a great place to work if you work in Switzerland; everyone else is disposable/disrespected - Anonymous employee Swiss Re Employee Review

2.0
7 Dec 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Pay and benefits are decent. Used to have good expense accounts and some in office perks but all of those have been taken away gradually over time in the US region. Zurich is still awash in benefits, resources and amenities.

Cons

If you are based in Zurich, you get a wealth of benefits no one else in the company gets including 1% mortgages, credit cards, free food every day, beautiful health /gym facilities, an extra 4 weeks vacation after 10 years with the company among others! If you work anywhere in the US, you are not considered valuable, important or worth much more than the dirty desk you sit at. Despite the fact that the North American region represents about 50% of Swiss Res' global profits, we get likely 15% of the resources and benefits that Swiss Re allocates. The rest goes to Zurich based staff. It is time to start investing in your non Swiss employees so your turnover won't be so horrific. Good people are leaving Swiss Re in droves and are being replaced with low paid staff who steal from the office. The economy isn't that bad that qualified employees won't find jobs. Only the losers will stay because they know they can't find work elsewhere.

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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