Actuaries are the best paid with the average salary hovering at $150K per year; VPs of Information Technology, Financial Analysts, and Underwriting Assistants also rank near the top of the list, pulling in around $141K, $70K, and $49K, respectively.
Years of Experience
Those with one to four years of experience at the company can expect to make about $53K annually on average. For those who claim five to nine years of work experience, pay on average amounts to approximately $70K per year. The largest slice of the Swiss Re workforce (41 percent) has been working for 10-19 years and earns, on average, about $130K annually.
When it comes to location, the highest average paycheck (approximately $125K per year) can be spotted in New York, N.Y.; Overland Park, Kan. ($125K), Fort Wayne, Ind. (around $120K), and Armonk, N.Y. ($80K) are the next top-paying cities. Dallas, Texas is near the bottom for pay at $67K. By state, Swiss Re pays its Kansas employees the most; the pay rate there is $125K annually.
Certifications and Degrees
Fellow of the Society of Actuaries receive bigger paychecks (approximately $150K per year) than those without credentials. Becoming a Chartered Property Casualty Underwriter can certainly pay off here; those folks make about $122K on average. Regarding salaries and education, Swiss Re pays those with a Bachelor's Degree the most — $120K.
In this position, it pays to have System Architecture in your toolkit; employees who claim proficiency enjoy a higher median salary of around $132K annually. A common skill in Swiss Re's work force is Microsoft Excel; nearly one-fourth of survey participants report using it on the job. Three more common skills are Project Management, Insurance, and Financial Analysis.
Benefits and Perks
Swiss Re lets only one-half of employees take paid vacation and only 29 percent take sick leave. Nearly all employees set aside retirement funds in an employer-sponsored 401(k). The vast majority of survey participants report having health insurance, and most workers report having dental coverage. Perks also include flexible hours, life insurance, a subsidized cell phone, and a stock purchase plan.