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2014 Corporate Responsibility Report

Being an employer of choice

Our goal is to attract talented people from a broad range of disciplines and backgrounds. We offer them a culture of diversity and inclusion, excellent development opportunities, a supportive environment and attractive total rewards.

Employees by region

as of 31 December 2014

Employees by region (pie chart)

Swiss Re’s mission is to be the leading player in the re/insurance industry. We want to be the preferred partner for our clients – earning their long-term trust and confidence, and delivering a service unmatched elsewhere in the market.

Our employees are the key to fulfilling this mission, through the skills, diversity, talent and commitment they bring to us. Our goal is to be seen as an employer of choice that can attract talents from around the world and offer them a place to succeed.

We consider four areas as key to being an employer of choice: we foster diversity and inclusion; we provide excellent development and training opportunities; we work to maintain favourable employee relations; and we offer competitive compensation and benefits.

We continually seek to further develop our employees: By focusing both on what was achieved and how it was achieved, we encourage them to build strong relationships within our company.

Swiss Re is a global company with a presence in all major markets. As of 31 December 2014, we employed 12 224 people (regular staff) from 89 nationalities. Currently, 61% of our employees work in Europe (including the Middle East and Africa), 27% in the Americas and 12% in the Asia-Pacific region.

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Employee data

 

2012

2013

2014

Total headcount regular employees

11 193

11 574

12 224

Full-time

10 237

10 611

11 159

Part-time

956

963

947

Temporary employees

373

244

271

 

 

 

 

Turnover rate (incl. company sales)

10.1%

8.0%

9.8%

Voluntary

5.0%

5.5%

6.6%

Involuntary

5.1%

2.5%

3.2%

 

 

 

 

Average tenure regular staff (years)

9.0

9.1

9.3

Asia Insurance Industry Award

At the 2014 Asia Insurance Industry Awards, we won three of the coveted awards conferred by the Asia Insurance Review. One of them was its first-ever Employer of the Year award. We were honoured for our various development and training initiatives, such as the High Growth Development Programme and the graduates@swissre programme and also received praise for our Own the Way You WorkTM: Living Team Spirit initiative, which gives our employees more autonomy to organise their work. We see the award as confirmation that we are moving in the right direction in attracting and developing the talented people that will help us and our clients to achieve our objectives.

Sharon Ooi receiving the 2014 Employer of the Year award (photo)

Sharon Ooi, Head of P&C Reinsurance, Southeast Asia, India & Dragons, receives the 2014 Employer of the Year award on behalf of Swiss Re.