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

4.0

Nov 1, 2025

Good

Intern

Recommend

CEO approval

Business Outlook

Pros

Working with highly experienced professionals.

Cons

Stress and a large amount of work

Munich Re Response

7mo

Dear former colleague, Thank you for taking the time to share your feedback with us. We’re pleased to hear that you valued working alongside highly experienced professionals during your internship at Munich Re. We also take note of your comment regarding workload and stress. Feedback like yours is important and helps us in continuing to define how we support our teams and interns in balancing learning opportunities with manageable expectations. If you want to share more about your experience, feel free to reach out to us via mail at your convenience: HR-careers@munichre.com. We wish you all the best in your future career. Kind regards, Munich Re

3.0

Oct 26, 2025

Good Work Life Balance

Technical accountant

Recommend

CEO approval

Business Outlook

Pros

Great work life balance Fair compensation Great coworkers

Cons

Growth opportunities and recognition sometimes feel more aligned to internal visibility than merit alone. Some engagement activities are required even when they do not meaningfully contribute to skill development or core responsibilities. Opportunities for connection are encouraged even during personal breaks, which can make it challenging to have uninterrupted downtime.

Munich Re Response

7mo

Dear former colleague, Thank you for taking the time to share your feedback with us. We are pleased to hear that you value the work-life balance, fair compensation, and collaborative environment at Munich Re. We also take note of your detailed remarks regarding growth opportunities and engagement activities. Feedback like yours helps us to continuously reflect on how we can enhance our employee experience and foster an even more supportive and motivating workplace. Please feel free to contact us at HR-careers@munichre.com at your convenience and share further details. We appreciate your contribution to our company and wish you continued success in your professional journey. Kind regards, Munich Re

5.0

Oct 26, 2025

Great company culture

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Great company culture, experienced professionals

Cons

Need better systems / platforms to work and save data

Munich Re Response

7mo

Dear colleague, Thank you for taking the time to share your feedback with us. We are delighted to hear that you value the company culture and the expertise of your colleagues at Munich Re. We also take note of your comment regarding systems and platforms. Your input helps us to identify areas where we can improve. We appreciate your contribution and are glad to have you as part of our team. Kind regards, Munich Re

Viewing 37 - 39 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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Good Work Life Balance

Great company culture

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