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?

"Great people outside of dept" ((in 98 reviews)); "Benefits are good and group look after staff" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 81 reviews)); "Colleagues are friendly" ((in 43 reviews)); "The average salary is good" ((in 32 reviews))

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

"bad leadership and working environment" ((in 13 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Not enough females in senior management" ((in 6 reviews)); "There is no clear career development." ((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

(889 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

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 889 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

889 reviews

5.0

Mar 5, 2025

Exceptional company benefits and culture

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Strong work life balance and very good opportunities to learn from market leaders. Friendly and open culture.

Cons

Career development challenged by limited number of roles, and very much 'self lead' development rather than structured.

Munich Re Response

1y

Dear Colleague, Thank you for your positive feedback and for being part of Munich Re. We’re delighted that you appreciate the work-life balance, the learning opportunities, and the culture. We understand that structured career development is important, and we acknowledge the challenges that come with limited roles. Continuous improvement is a priority for us, and we value insights like yours to help drive us forward as a company. If you have any further suggestions, please feel free to share them with us at HR-careers@munichre.com. Your insights are valuable in shaping our future. Kind regards, Munich Re

4.0

Mar 5, 2025

Great Company

Data analyst

Recommend

CEO approval

Business Outlook

Pros

Great people, good working flexibility and autonomy.

Cons

Low salary increases and sometimes tedious poorly defined processes.

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to share your feedback! We're delighted to hear that you appreciate the people, flexibility, and autonomy at Munich Re. We understand that salary progression and process efficiency are important aspects of your work experience. Your insights are truly valuable as we continuously strive to enhance our workplace. If you have any specific suggestions or ideas, we’d love to hear from you. Please feel free to reach out to us at HR-careers@munichre.com. Warm regards, Munich Re

5.0

Mar 4, 2025

Good

Technical accountant

Recommend

CEO approval

Business Outlook

Pros

Great learning opportunities and amazing work environment

Cons

High complexity in operations and regulations

Munich Re Response

1y

Dear Former Colleague, Thank you for taking the time to share your feedback. We are delighted to hear that you valued the learning opportunities and enjoyed the work environment. We understand that the complexity of operations and regulations can be challenging. We continuously strive to improve and develop as a company, and your input helps us in this effort. We appreciate your time with us and wish you all the best in your future endeavors. Kind regards, Munich Re

Viewing 343 - 345 of 889 Reviews

Jobs at Munich Re

Digital Learning Strategist - SuccessFactors Learning Strategy & Technology

Customer Success Manager

Group Underwriting Consultant

Parametric Structuring Analyst

Vereinigte Staaten von Amerika

Munich Re

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Exceptional company benefits and culture

Great Company

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