‘The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. From standard products to tailor-made coverage across all lines of business, Swiss Re deploys its capital strength, expertise and innovation power to enable the risk taking upon which enterprise and progress in society depend.’


Rated the third best employer in the Top 100 Companies To Work For In 2015/2016, Swiss Reinsurance Company (also known as Swiss Re), employs around 50 grads per year to work in reinsurance & insurance positions across the world. With exceptional scores of 4.6 for international opportunities and 4.7 for training, the firm aims to be the preferred partner for clients through an unmatched level of service delivered by their 12,000 employees worldwide. The 18-month graduate program offered by Swiss Reinsurance Company includes extensive on-the-job training along with the opportunity to explore another area of the firm with a 16-20 week rotation!

The average working hours for graduates at Swiss Reinsurance Group come in at 8am – 6pm, with a strong rating of 4.5 for work/life balance, one graduate explained that ‘There are definitely some more busy periods, but in general I enjoy a really good work-life balance. This might change if you work in the finance department of the company.’ The average graduate salary came in at £59,000 – £61,000, with a Junior Client Manager explaining that ‘(employees receive a) bonus according to performance of company, your team and yourself’.

The best and worst things about working for Swiss Reinsurance Company includes;

‘International working environment. Extremely interesting and highly-qualified colleagues. Very technical business environment, takes a while to get used to the material.’
Business Development Manager – Graduate, Reinsurance at Swiss Reinsurance Company Ltd
 
‘Combination of more technical/IT and business (risk management) tasks. A lot of BAU tasks that are not always interesting (testing, documentation, update of user manuals).’
Business Analyst, Risk Management IT at Swiss Reinsurance Company Ltd
 
‘Great diversity of backgrounds and professions, “Own the way you work” culture. Weakness in change management during reorganizations’
Graduate at Swiss Reinsurance Company Ltd
 
Finally, interview tips include;
 
Application Advice: A solid IT background is very helpful. They should also have interest in the business-related part (risk management/reporting)
Interview Advice: Be prepared for a lot of behavioural questions, e.g. how do you deal with a person that is really difficult, etc.
Business Analyst, Risk Management IT at Swiss Reinsurance Company Ltd
 
Application Advice: Show how you can be flexible and multitask. Presentation, numerical, writing skills are all extremely important.
Interview Advice: Think outside the box.
Business Development Manager – Graduate, Reinsurance at Swiss Reinsurance Company Ltd
 
Application Advice: You need to be open to a very different environment and networking is probably one of the most important aspects here.
Interview Advice: The Assessment Center (for Graduates) was definitely doable. You can not really prepare since they are testing your overall skills. You can however prepare for the Numeric test.
Market Underwriter for Sub Saharan Africa, Africa at Swiss Reinsurance Company Ltd

Click here to view the full range of job reviews by graduates with Swiss Reinsurance Company and view the video below to learn more about the professional journey of one of one of their new graduates.  

 

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Interview Tips That Will Help You Get the Job

Experts from the best companies in the UK share their experience and advice on how to boss the interview process

interview tips

Jazz Panesar is a Digital and Technology Apprentice at Severn Trent. Read Jazz’s story here.

1
Have your own questions prepared. It's your turn! As the interview comes to a close, one of the final questions you may be asked is "What can I answer for you?" Your interviewer will expect you to have...
2
Research the Company. Do your homework about the employer and the industry so you are ready for the interview question "What do you know about this company?"
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