Good company, Poor salary - Associate Swiss Re Employee Review

4.0
17 Feb 2018
Recommend
CEO approval
Business outlook

Pros

1. Flexible working hours. You can really "own the way you work" as the company promises. 2. Meritocratic culture. Excellence in anything that you do is highly appreciated. 3. Internal mobility. If your performance is good enough, the company encourages you to take up any other roles if you wish to do so. In quite a few cases, people have relocated to teams in other countries as well. 4. Bangalore is the centre of attention for all global activities of Swiss Re currently as they are trying to establish the Bangalore office as their biggest centre of excellence. 5. In June 2018, the office is moving to a new building in Embassy Golf Links Bangalore, which is going to be a state of the art building with standard Swiss Re interiors just like all other the global offices. 6. Overall, most of the employees are friendly and the relation between various teams is a healthy one.

Cons

1. Salaries could be better. Especially the variable component, which is just peanuts. The company compares itself with global investment banks in terms of business and culture. But in terms of pay, it lags far behind these banks, especially at the Associate and AVP levels. This leads to a lot of good talent making a move to other firms. 2. Although the HR policies are great (as they are the same globally), the HR personnel in Bangalore are NOT as professional as you would expect them to be. 3. No formal training before you commence your job. The company believes in on the job training, which sometimes takes you by surprise.

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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