Worst HR Practice - VP-Finance Swiss Re Employee Review

1.0
5 Aug 2021
Recommend
CEO approval
Business outlook

Pros

a)Good company and helpful management team on-shore b) Good pay scale c) Re insurance giant so job security there

Cons

a) Worst HR practices b) Some HR managers are recruiting people through corruption as they route their known/interested candidates through consultants and even after negative comments from us, they hire the people of their choice. It has happened with me personally when i choose a candidate and HR selected one and later i found out that she was relative of HR's wife c) Worst politics as some people just rest and take salary home while others have to make up for them also and while increments all are same d) They hire like fools and create illogical burden and try to adjust them anywhere even not a right fit

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Swiss Re Response
4y
Dear Colleague, We appreciate your feedback and are sorry to hear about your negative experience while working with us. Swiss Re strives to foster an environment where everyone feels comfortable speaking up if the believe that something is not right. We would therefore encourage you to get in touch with your local HR representative or our whistleblowing hotline and share your experience on swissre.ethicspoint.com.

Explore other reviews about Swiss Re

5.0
23 June 2026
Recommend
CEO approval
Business outlook

Pros

The people you work with are amazing. The benefits are wonderful. I appreciate the bonus structure and the growth I've experienced with the organization.

Cons

Leadership's strategy and vision are severely lacking and self-serving. There's a lot of favoritism with the same people being included in decision-making without consideration for their ability to actually deliver results. In turn, the lower-level employees are left to clean up the disaster. I see that Swiss is on here making comments on employee reviews - hopefully they take note of how many people in the last 90 days said the same thing about the leadership strategy. We're not on glassdoor because we like reviewing our company - we're here looking for outside opportunities because of the way the company is currently operating. We're bleeding good talent because they no longer align with the corporate strategy.

1
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.

4
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Swiss Re Response
1w
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.
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