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

Company ratings over time

Ratings trend for the last 6 months (889 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 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

4.0

Mar 4, 2025

Solid place to work

Actuary

Recommend

CEO approval

Business Outlook

Pros

Nice people and good pay

Cons

Terrible technlology which needs massively updating.

Munich Re Response

1y

Dear colleague, Thank you for your feedback! We’re glad to hear that you appreciate the team and compensation at Munich Re. We recognize the importance of up-to-date technology and are continuously working to enhance our systems. Your input is valuable, and we appreciate you sharing your perspective. That is why we kindly ask you to share more information about this with us via e-mail: HR-careers@munichre.com. Kind regards, Munich Re

4.0

Mar 4, 2025

Engaged Employer

Hr coordinator

Recommend

CEO approval

Business Outlook

Pros

My experience at Munich re has been very positive. Senior leadership and HR cares about employee's development and wellbeing

Cons

Being a global company some processes are complex and collaboration could be improved

Munich Re Response

1y

Dear colleague, Thank you for your positive feedback! We are delighted to hear that you appreciate the focus on employee development and well-being at Munich Re. We understand that working within a global organization can come with complexities, and we continuously strive to enhance collaboration and streamline processes. Your insights are valuable, and we appreciate your perspective. If you have any further suggestions, feel free to reach out at HR-careers@munichre.com. Kind regards, Munich Re

5.0

Mar 3, 2025

Great company

Administrative

Recommend

CEO approval

Business Outlook

Pros

Great people and company. Benefits are strong and vacation is also decent, Hybrid schedule

Cons

No cons to provide here.

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to leave such positive feedback about the people and benefits at our company. We always keep improving to create a comfortable work environment for all employees. Thank you for your dedication! We look forward to continue to grow with you. Kind regards, Munich Re

Viewing 346 - 348 of 889 Reviews

Jobs at Munich Re

Senior Communications Business Partner

Life Underwriting Consultant, Falcultative Reinsurance

2nd VP, Structured Reinsurance

Associate Financial Specialist

Parametric Structuring Analyst

Munich Re

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Engaged Employer

Great company

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