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Average Salary for Swiss Re Employees

The typical salary at Swiss Re is $89K annually. Swiss Re paychecks are largely negotiated based on your job title, though how long you've been working and geography are also considered. This report is based on responses to the PayScale salary survey.

How This Employer Pays

Swiss Re typically pays:
15%
above market

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Employer: Swiss Re
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$90K$180K$270K
[-]Actuary (4)
$63,882 - $265,222  
   
[-]Actuary (4)
Salary$51,582 - $198,905  
   
Bonus$3,368 - $65,408  
Total Pay$63,882 - $265,222  
[+]Financial Analyst (2)
$53,338 - $99,311  
   
[+]Financial Analyst (2)
Salary$50,647 - $84,922  
   
Bonus$2,204 - $20,826  
Total Pay$53,338 - $99,311  
[+]Senior Underwriter (2)
$88,404 - $157,418  
   
[+]Senior Underwriter (2)
Salary$83,251 - $137,694  
   
Total Pay$88,404 - $157,418  
[+]Underwriting Assistant (2)
$37,076 - $62,253  
   
[+]Underwriting Assistant (2)
Salary$36,729 - $60,999  
   
Total Pay$37,076 - $62,253  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 21 Nov 2014 | Individuals Reporting: 25
United States (change)

Swiss Re Details

Mythenquai 50/60
Zürich 

1863

Life Insurance, Direct Life Insurance Carriers, Financial Services

11,560

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

Jobs

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.

Locations

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.

Skills

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.

Key Stats

Female
42 %
Male
58 %
Salary
$60,000 - $122,261
Salary
$46,309 - $120,669
Less than 1 year
4%
1-4 years
29%
5-9 years
38%
10-19 years
21%
20 years or more
8%
Extremely satisfied
Rated 5 out of 5
based on 4 votes.

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