Nearing the top of the pay scale are Actuaries, VPs of Information Technology, Financial Analysts, and Underwriting Assistants; while the first receives the highest median pay at $150K annually, the other salaries come in at $141K, about $70K, and $49K, respectively.
Years of Experience
Workers who have been with the company for more than one year but less than five can make approximately $53K per year on average. Survey participants who have worked at Swiss Re for between five and 10 years earn around $70K annually on average. When we consider tenure, a substantial portion of employees (41 percent) have been working for 10-19 years and make $130K per year on average.
When it comes to location, the highest average paycheck (about $125K annually) can be spotted in New York, N.Y.; Overland Park, Kan. (approximately $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 approximately $125K per year.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Fellow of the Society of Actuaries, who make $150K annually. Bigger paychecks are awarded to Chartered Property Casualty Underwriters with credentials; these people earn $122K per year on average. Those with a Bachelor's Degree at Swiss Re come out on top, and their salaries approach about $120K annually.
The highest-paying skill to have in this role seems to be System Architecture; employees claiming this as part of the toolbox earn a median of around $132K per year. It's pretty common to find people here who know Microsoft Excel; roughly a fourth consider it a key competency. Three more common skills are Project Management, Insurance, and Financial Analysis.
Benefits and Perks
Paid time off is in short supply here, with only one-half of employees receiving paid vacation and 29 percent receiving paid sick days. The vast majority of survey participants participate in the company's 401(k) retirement savings plan. Perks cover health insurance for almost all respondents and dental coverage for most respondents. Privileges also include flexible hours, life insurance, a company cell phone, and a stock purchase plan.