Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 out of 5. Find out more about salaries and benefits at Munich Re. This rating has been stable over the past 12 months.

How satisfied are employees working at Munich Re?

84% of Munich Re employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Munich Re 4.3 out of 5 for work life balance, 4.1 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Munich Re?

Intern (77) , Underwriter (55) , Actuarial Analyst (28) , Internship (26) , Actuary (25) , Actuarial Intern (19) , Business Analyst (17) , Data Scientist (17) , Analyst (14) , Data Analyst (13) , Praktikant/in (13) , Senior Underwriter (12) , Consultant (11) , Manager (10) , Technical Accountant (10)

What are the pros of working at Munich Re according to real employee reviews?

"Benefits are good and group look after staff" ((in 90 reviews)); "Great people to work with" ((in 88 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 81 reviews)); "Colleagues are friendly" ((in 46 reviews)); "The average salary is good" ((in 28 reviews))

What are the cons of working at Munich Re according to real employee reviews?

"Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction)." ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "training could be much better but not too bad to complain" ((in 5 reviews)); "Not enough females in senior management" ((in 5 reviews))

What are employees saying about Munich Re layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Munich Re layoffs and their outlook for job security at Munich Re in 2026.

Munich Re reviews

4.1

84% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

84% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

3.6

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.1 out of 5 stars, based on 886 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Munich Re employee rating is in line with the average (within 1 standard deviation) for employers within the Versicherungswesen industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

886 reviews

3.0

Dec 31, 2025

Review

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Annual Bonus Annual Gift Card Flexible Working

Cons

No Mid Term Promotions Favouritism in the wider company

Munich Re Response

5mo

Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you value the flexible working arrangements and benefits offered at Munich Re. We also take note of your concerns regarding promotion timing and perceived favoritism. Such feedback is important to us and supports our ongoing efforts to promote transparency, fairness, and consistent development opportunities across the organization. Should you wish to share further details, we encourage you to reach out to your local HR Business Partner at your convenience. Thank you for your contribution and for being part of Munich Re. Kind regards, Munich Re

5.0

Dec 17, 2025

Good Culture

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good culture, with strong evidence of promotion opportunities. Flexible approach. Good benefits.

Cons

Some entities or divisions internally may feel separate to the overarching environment, and culture will be more dependent on the specific leaders.

Munich Re Response

5mo

Dear colleague, Thank you for taking the time to share your positive feedback with us. We are pleased to hear that you value the culture, flexibility, and development opportunities at Munich Re. We also appreciate your observation regarding a perceived separation between certain entities or divisions. Insights such as yours are valuable and help inform our ongoing efforts to strengthen collaboration and alignment across the group. Thank you for your contribution and for being part of Munich Re. Kind regards, Munich Re

2.0

Dec 15, 2025

Culture

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The people are nice to work with

Cons

Recent changes in structure have caused important governance issues

Munich Re Response

5mo

Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you enjoy working with the people on your team. At the same time, we acknowledge your concerns regarding the impact of recent structural changes. As we continuously strive to foster a positive and supportive work environment, we would welcome the opportunity to better understand your perspective and explore how the situation can be improved. We therefore encourage you to reach out to your designated HR Business Partner at your convenience. Thank you for your openness and engagement. Kind regards, Munich Re

Viewing 28 - 30 of 886 Reviews

Jobs at Munich Re

Vereinigte Staaten von Amerika

IT Transformation Analyst Intern

Munich Re

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Good Culture

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