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

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

Oct 23, 2024

Vice President, Underwriting

Vice president

Recommend

CEO approval

Business Outlook

Pros

Strong financial performance and stability

Cons

Too large and bureaucratic. Poor management of strategies across the business

Munich Re Response

1y

Dear colleague, Thank you for sharing your experience with us. We´re happy to hear that you value our strong financial performance and stability. We understand that navigating a large organization can bring challenges, that´s why we’re committed to improving strategic alignment across the business. Your feedback is truly valuable as we work toward continuous improvement. Thank you for being part of our team. Kind regards, Munich Re

5.0

Oct 19, 2024

Great Company

Working student

Recommend

CEO approval

Business Outlook

Pros

There are amazing benefits for the employees and many opportunities throughout the company.

Cons

Early working hours (being in the office at 8 a.m.

Munich Re Response

1y

Dear colleague, Thank you for sharing your feedback regarding your experience in Munich. We are delighted to hear you appreciate the benefits and opportunities we offer. We understand that early working hours can be challenging at times. Since we strive to meet the various needs of our team, your input is highly valuable to us. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

5.0

Oct 17, 2024

great company

Structurer

Recommend

CEO approval

Business Outlook

Pros

well work life balance， pay well

Cons

training is not very complete

Munich Re Response

1y

Dear colleague, Thank you for taking the time to review your experience with us in Munich. We are pleased to hear you are satisfied with our work-life balance and salary. As we aim to enable our employees to develop professionally according to their wishes, your feedback on our training opportunities is also very valuable to us. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

Viewing 379 - 381 of 889 Reviews

Jobs at Munich Re

Digital Learning Strategist - SuccessFactors Learning Strategy & Technology

Customer Success Manager

Group Underwriting Consultant

Distribution and Sales Analyst

Munich Re

Munich Re reviews

Company ratings over time

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Reviews by job title

Vice President, Underwriting

Great Company

great company

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