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 102 reviews)); "Great people outside of dept" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 53 reviews)); "Good pay and work" ((in 24 reviews))

What are the cons of working at Munich Re according to real employee 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)); "Slow career progression, and there is no formal performance review" ((in 7 reviews)); "Not enough females in senior management" ((in 5 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.

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Munich Re

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

Mar 8, 2023

Striving for change in a corporate environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Improved maternity leave and support package, great benefits plus bonus payments when company succeed. Currently looking into culture - diversity, equity and inclusion.

Cons

Small subset of colleagues have mindsets that are hard or slow to change, whether that's on hybrid working or some of the culture improvements. It depends on the team and the part of the business you work for on how successful change has been.

3.0

Mar 6, 2023

Great perks but little career development opportunities

Application developer

Recommend

CEO approval

Business Outlook

Pros

Good pension, quarterly wellbeing days, free lunches

Cons

Rigid structure, training not promoted, numerous barriers to development from central IT

5.0

Mar 5, 2023

Munich Re - a great place to work

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Leadership cares about employee voice, availability of hybrid work model, modern workspaces, parent company extremely strong and stable.

Cons

Global structure creates complexity and results in extra bureaucracy

Viewing 400 - 402 of 889 Reviews

Jobs at Munich Re

Parametric Structuring Analyst

Vereinigte Staaten von Amerika

$116K - $170K /yr

(Employer provided)

View job

Vice President Finance

AVP, Financial and Professional Lines Underwriter

2nd VP, Structured Reinsurance

Vereinigte Staaten von Amerika

$291K - $337K /yr

(Employer provided)

View job

Associate Financial Specialist