Reinsurance Solutions - Leadership Needed! - Product Manager Swiss Re Employee Review

3.0
Feb 15, 2024
Recommend
CEO approval
Business outlook

Pros

- Good people overall. Intellectual and fun to be around. - Good retirement benefits (401K match) - Many resources for learning and development (if you have the time)

Cons

- Senior management (specifically within Reinsurance Solutions) is lost. They say one thing but can't provide a coherent direction when it comes to strategy. They have the big title but are unhelpful when asked to commit to a strategy. All that is officially committed to is the financial plan for the year. Pick a number that the board likes but don't ask how we'll get there. Not a very helpful "strategy". This is a new initiative for Swiss Re, but that doesn't mean the business should be run with unreasonable expectations. It is demoralizing to try and build a new business unit yet always feel like you're failing because there is little senior management support or lofty goals that few expect will materialize. - Company is disconnected. We have many business units and initiatives yet they don't function as a cohesive unit. Note this is not because people are not collaborative, but more so that the business model and incentives do not reward that collaboration. As mentioned, the people are good and always open to help, but they don't get rewarded for doing so. - Recent reorgs have caused significant confusion and challenges at times. This is the case with any reorg but just noted that it wasn't smooth sailing. - Takes a long time to get integrated into the company as a newcomer. Many people have been here for a long time so it takes a while to feel like you're part of the broader company. - So much opportunity and potential wasted because of general confusion across the board

Explore other reviews about Swiss Re

5.0
Mar 10, 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
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
May 30, 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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