Profits over people - Vice President Swiss Re Employee Review

1.0
17 Mar 2025
Recommend
CEO approval
Business outlook

Pros

Great 401k match and vacation allowances including sabbatical at 10 years.

Cons

This company used to really care about employees and work/life balance. That has all changed with the new CEO. He is ruthless and only cares about his quest to be number 1 in profits. Customers and employees dare not step into his path. Teams are being gutted and bonuses have been slashed across the board by 20%+. Swiss Re turned a $3.2 billion profit in 2024 but this is somehow not enough. Corporate greed has taken over and the CEO is steering us right into the storm.

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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