Actuarys represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $121K — though Senior Underwriters, Financial Analysts, and Underwriting Assistants also do fairly well at around $120K, about $70K, and $49K, respectively.
Years of Experience
Between the one and five year mark, pay is typically $61K. The largest slice of the Swiss Re workforce (38 percent) has been working for five to nine years and earns approximately $95K per year.
Median pay is highest in Fort Wayne ($89K annually), followed by New York (around $85K), Armonk (approximately $70K), and Dallas ($67K). Swiss Re workers in Indiana earn the most — $89K per year on average.
Certifications and Degrees
Monetary compensation comes to about $122K for Fellow of the Society of Actuaries, far surpassing the earnings of non-credentialed workers. Chartered Property Casualty Underwriters also rank high on the pay scale, with expected earnings of $122K annually. It pays to have a Bachelor's Degree at Swiss Re — these employees make the most at $120K per year.
In this role, the best-paying skill appears to be Pricing; individuals who claim it among their capabilities enjoy a higher median salary of about $150K. It's pretty common to find people here who know Microsoft Excel; over a third consider it a key competency. A typical employee's toolkit also contains Data Analysis, Insurance, and Financial Analysis.
Benefits and Perks
Benefits packages do tend to lack paid time off; Swiss Re gives paid vacation days to one-half of workers and sick leave to 31 percent. Nearly all workers plan for retirement by taking advantage of the company-sponsored 401(k) program. Perks cover health insurance for almost all employees and dental coverage for most workers. Swiss Re also dishes out privileges such as flexible hours, a company cell phone, life insurance, and optional telecommute / work from home.