Terrible ways of working - Anonymous employee Swiss Re Employee Review

2.0
7 Sept 2022
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The facilities and culture is good. The company is diversity friendly and does a lot to make sure the employees are take good care of and are engaged.

Cons

One of the worst places probably for career growth. The company pays very high salary to people like myself just to get them to do what an average 14 year old can do on excel and powerpoint. The amount of ownership is completely lacking and decision making is a joke in some teams. The company uses 5-6 full time employees (all at very high positions) for trivial projects and these employees do not do anything else. It is a paradise for someone who wants to do bare minimum and just draw a fat paycheck, but if you wish to grow in your career, this is a career suicide. The leadership (not the C suites, the one below them) are not managing changing environment well. There is clear bias and favoritism as they try to protect toxic people in the company. The Head Quarters is in Zurich and they make sure people know that other locations are just support locations and can be laid off without notice at any time. I have been in many organisations before but the lack of ethics in this one is extremely appalling.

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.

avatar
Swiss Re Response
1mo
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.

3
See reviews by: Helpful|Rating|Date|All