Actuaries are awarded the highest paychecks, with compensation nearing around $186K per year on average; VPs of Information Technology are next on the list, bringing in close to $144K, followed by Vice President (VP), Corporate Developments earning $136K and Paralegals making about $80K. Underwriting Assistants at Swiss Re do not see much in the way of financial compensation and represent one of the lower-paid positions (approximately $58K on average) at the company.
When it comes to location, the highest average paycheck ($184K annually) can be spotted in Kansas City, Mo.; New York, N.Y. (approximately $133K), Overland Park, Kan. (about $125K), and Armonk, N.Y. ($98K) are the next top-paying cities. Dallas, Texas is one of the lowest-paid cities, with earnings averaging around $67K. By state, Missouri offers the highest pay at $184K per year.
Years of Experience
Survey participants who have worked at Swiss Re for between five and 10 years earn $121K annually on average. Workers who have been with the company for more than one year but less than five can make around $63K per year on average. Overall, the greater share of Swiss Re folks have 10-19 years of experience and earn an average $130K annually.
Certifications and Degrees
Fellow of the Casualty Actuarial Societys receive bigger paychecks ($186K per year) than those without credentials. Earning a Chartered Property Casualty Underwriter certification garners significant financial rewards of about $122K annually on average. Employees who have a Bachelor of Business Administration (BBA) make the most here, hauling in $128K per year.
In this position, it pays to have Operations Management in your toolkit; employees who claim proficiency enjoy a higher median salary of approximately $141K annually. Microsoft Excel also popped up often in the survey as an important skill; slightly less than a fourth of employees surveyed report using it at work. Some other standard skills here are Data Analysis, Project Management, and Insurance.
Benefits and Perks
Swiss Re lets only two in five survey participants take paid vacation and only 22 percent take sick leave. Nearly all workers contribute to 401(k) savings accounts sponsored by the firm. For almost all respondents, benefits include health insurance, and most survey participants get dental coverage, too. The list of perks also includes life insurance, flexible hours, a subsidized cell phone, and a stock purchase plan.