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Average Salary for Swiss Re Employees

Those interested in boosting their bank account turn to Swiss Re, where salaries climb well into six-figure range and average pay approaches $109K. At Swiss Re, the biggest piece of the paycheck puzzle is what you do at the company — it impacts salary more than anything else — though how long you've been working and where you live each factor into the equation as well. This report is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Swiss Re typically pays:
-5%
below market

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Employer: Swiss Re
Average Salary Range by Job

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About This Company

Mythenquai 50/60
Zürich 

1863

Life Insurance, Direct Life Insurance Carriers, Financial Services

11,560


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

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.

Locations

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.

Skills

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.

Key Stats for Swiss Re

Gender

Female
37 %
Male
63 %
Salary
$45,302 - $123,225
Salary
$45,558 - $124,319
Less than 1 year
3%
1-4 years
22%
5-9 years
28%
10-19 years
33%
20 years or more
14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 6 votes.
United States (change)

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