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 94 reviews)); "Great people outside of dept" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 75 reviews)); "Colleagues are friendly" ((in 43 reviews)); "The average salary is good" ((in 28 reviews))

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

"Poor Management and corporate environment" ((in 20 reviews)); "bad leadership and working environment" ((in 11 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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

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

Nov 19, 2025

Good to learn but lack of growth opportunities

Entry level software engineer

Recommend

CEO approval

Business Outlook

Pros

Friendly colleagues, and great benefits

Cons

Lack of growth opportunities and high recent turnover

Munich Re Response

6mo

Dear former colleague, Thank you for sharing your feedback with us. We’re glad to hear that you had positive experiences with the people in your team and valued the benefits we provide. We also acknowledge your concerns regarding growth opportunities and high turnover. This is valuable input, as we continuously strive to improve our development pathways and overall employee experience. If you’d like to share more, please feel free to reach out to us at HR-careers@munichre.com. Any additional insights can help us better understand your perspective. We appreciate your contributions during your time with us and wish you all the best in your future professional endeavors. Kind regards, Munich Re

4.0

Nov 13, 2025

Good

Analyst

Recommend

CEO approval

Business Outlook

Pros

Straightforward questions good attitude shown by interviewer

Cons

it went well my answers were also answered at the end

Munich Re Response

6mo

Dear colleague, Thank you for giving feedback on your application process. We are glad to know that everything went well and you viewed the questions as straightforward. We are glad to have you on our team and wish you continued success. Kind regards, Munich Re

5.0

Nov 10, 2025

Best Company

It service manager

Recommend

CEO approval

Business Outlook

Pros

Autonomy, Flexible working hours. WFH.

Cons

I could not think of any notable "cons".

Munich Re Response

4mo

Dear colleague, Thank you for your positive feedback. We are pleased to hear that you value the autonomy, flexibility, and hybrid work model at our company. Your positive input reassures us that our efforts to create a supportive and well-suited work environment for all employees are paying off. Thank you for being a valued part of our team! Kind regards, Munich Re

Viewing 34 - 36 of 886 Reviews

Jobs at Munich Re

Policy Services Assistant

Vereinigte Staaten von Amerika

IT Transformation Analyst Intern

Munich Re

Munich Re reviews

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Reviews by job title

Good to learn but lack of growth opportunities

Good

Best Company

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