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 94 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 90 reviews)); "Great people to work with" ((in 90 reviews)); "Colleagues are friendly" ((in 51 reviews)); "The average salary is good" ((in 27 reviews))

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

"Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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 9 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 category

4.3

Work/Life balance

4.1

Culture & values

4.1

Compensation and benefits

4.0

Diversity & inclusion

3.6

Senior management

3.6

Career opportunities

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

889 reviews

3.0

Feb 14, 2025

Declining company

Marketing

Recommend

CEO approval

Business Outlook

Pros

Big institution with good people

Cons

Crazy cost cutting and no transparency in people appointment and development, promotion chances very limited and industry declining

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to share your feedback. We understand that transparency in career development and the efficient use of resources are important aspects of your experience, and we recognize there is always room to improve. Please know that we are continuously working to enhance these areas and welcome further insights from you. If you’d like to discuss your experience in more detail, we encourage you to reach out to us at HR-careers@munichre.com. Your feedback helps us create a better workplace for everyone, and we value your perspective. Thank you for being a part of Munich Re. Kind regards, Munich Re

5.0

Feb 12, 2025

Amazing Company

Team leader

Recommend

CEO approval

Business Outlook

Pros

Lot of good things starting from professional and friendly environment. Good pay package

Cons

I had to leave the company due to personal reasons

Munich Re Response

1y

Dear Former Employee, Thank you for your wonderful feedback! We appreciate your contributions and are delighted to hear that you valued our work environment, as well as the compensation package. We wish you all the best for your future endeavors! Kind regards, Munich RE

5.0

Feb 4, 2025

Nice

Accountant

Recommend

CEO approval

Business Outlook

Pros

Mostly good at taking care of employees

Cons

Not much room for growth

Munich Re Response

1y

Dear colleague, We appreciate that you took the time to give us feedback about your experience and are happy to read that you are satisfied with the care given to employees. Please know that we are always working on improving as an employer to create a positive work environment for everyone, so your comment about the growth at our company is very important to us. It helps us identify potential areas of improvement. Kind regards, Munich Re

Viewing 352 - 354 of 889 Reviews

Jobs at Munich Re

Customer Service Representative

Senior Communications Business Partner

2nd VP, Structured Reinsurance

Life Underwriting Consultant, Falcultative Reinsurance

AVP & Actuary, Statutory Reporting

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Declining company

Amazing Company

Nice

Jobs at Munich Re

Munich Re reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Munich Re reviews FAQs

Jobs at Munich Re