Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.1 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?

85% 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 (11) , 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 102 reviews)); "Great people to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 28 reviews))

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

"long hours and demanding projects" ((in 10 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "There is no clear career development." ((in 8 reviews)); "Not enough females in senior management" ((in 6 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

85% would recommend to a friend

(888 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (888 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Munich Re has an employee rating of 4.1 out of 5 stars, based on 888 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).

Reviews by job title

888 reviews

3.0

Dec 18, 2023

Flexible

Human resources assistant

Recommend

CEO approval

Business Outlook

Pros

International. Reputable Fair salary Enough holidays best working environment

Cons

Long working hours. Managers are not the best to work around

Munich Re Response

2y

Dear employee, Thank you very much for your feedback. We are glad to hear that you enjoyed our internationality as well as your salary and the working environment. In order to show appreciation for our employee´s skills and time they devote to the company, fair compensation is particularly important to us. We regret that you were not satisfied with the long working hours and our executives. We want our employees to feel comfortable and have a healthy work-life balance, so your feedback is particularly valuable for us to improve in this regard. Please let us know if you have any further suggestions or ideas on how we can improve. Yours sincerely, The Munich Re HR Team

3.0

Dec 14, 2023

Big Company Little Fish

Director

Recommend

CEO approval

Business Outlook

Pros

Great people, good work life balance

Cons

Low pay, little opportunity for advancement unless you're an actuary

Munich Re Response

2y

Dear employee, Thank you very much for your feedback. We are glad to read that you enjoy especially the work life balance. We at Munich Re try our best to help employees build their careers in line with their personal lives. At the same time, we are sorry to hear that you are not pleased with the salary and the advancement opportunities. We aim to provide our employees with a multitude of opportunities for personal and professional growth. Should you have any further suggestions or ideas on how we can improve even further, please do not hesitate to let us know. Yours sincerely, The Munich Re HR Team

4.0

Dec 8, 2023

salary at junior lvl

Underwriting assistant

Recommend

CEO approval

Business Outlook

Pros

decent starting salary which is good

Cons

nothing much yet to say

Munich Re Response

2y

Dear former employee, Thank you so much for your feedback. It's great you feel satisfied with your salary. We consider it essential to compensate our employees appropriately in order to show appreciation for their skills and the time they devote to the company. Yours sincerely, The Munich Re HR Team

Viewing 304 - 306 of 888 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Group Underwriting Consultant

Munich Re

Munich Re reviews

Company ratings over time

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Reviews by job title

Flexible

Big Company Little Fish

salary at junior lvl

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