VPs of Information Technology are the best paid with the average salary hovering at $141K annually; Actuaries, Senior Underwriters, and Financial Analysts also rank near the top of the list, pulling in approximately $122K, $120K, and around $70K, respectively. Underwriting Assistants at Swiss Re do not see much in the way of financial compensation and represent one of the lower-paid positions (about $49K on average) at the company.
Years of Experience
Between the one and five year mark, median pay is $53K per year. Respondents who have been working for five to nine years make about $117K annually on average. Broken down by tenure, the largest share of Swiss Re employees (34 percent) have 10-19 years of experience and earn approximately $123K per year on average.
When it comes to location, the highest average paycheck ($125K annually) can be spotted in Overland Park, Kan.; Fort Wayne, Ind. ($120K), New York, N.Y. (around $120K), and Armonk, N.Y. ($80K) are the next top-paying cities. At about $67K, Dallas, Texas is home to some of the lowest pay in the country. The highest pay by state can be found in Kansas, where salaries average out at approximately $125K per year.
Certifications and Degrees
Fellow of the Society of Actuaries are compensated at a much higher rate than non-authorized workers, bringing in close to $122K annually. Swiss Re provides the highest financial reward to those with a Bachelor's Degree — these employees rake in around $120K per year.
The highest-paying skill to have may be System Architecture; employees who claim proficiency also report a higher average salary of $132K annually. Microsoft Excel is a popular skill among Swiss Re workers, with roughly a fourth of those surveyed reporting using it on the job. Insurance, Financial Analysis, and Project Management are also desirable skills.
Benefits and Perks
42 percent have paid vacation, and only about a quarter of workers can take paid time off for illness. The vast majority of respondents plan for retirement by taking advantage of the company-sponsored 401(k) program. Swiss Re provides health insurance to almost all survey participants, and a large number of respondents do receive dental coverage. Swiss Re also dishes out privileges such as flexible hours, life insurance, a company cell phone, and a stock purchase plan.