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

5.0

Jan 13, 2024

work atmosphere

Engineer

Recommend

CEO approval

Business Outlook

Pros

good company to work and learn

Cons

poor decision taking from hr

Munich Re Response

2y

Dear employee, We appreciate you taking the time to review your current position as an engineer at Munich Re. We are pleased to hear that you perceive our company as a place where you can learn and develop professionally. Appreciative behaviour and understandable decisions from an HR perspective are also very important to us. As we aim for continuous improvement, we take feedback very seriously. Thank you for being part of our organisation and contributing to Munich Re´s success. Yours sincerely, The Munich Re HR Team

5.0

Jan 4, 2024

Great organisation

Claims

Recommend

CEO approval

Business Outlook

Pros

Friendly place, good benefits, good colleagues

Cons

Large organisation so can be hard to navigate

Munich Re Response

2y

Dear employee, Thank you for taking your time to evaluate your position in claims at Munich Re. We are glad to hear that you are pleased with our benefits as well as your colleagues. Your recognition validates our efforts to create a positive work environment. We are grateful for your commitment, and should you have any further suggestions or ideas on how we can improve even further, please do not hesitate to let us know. Thank you for being part of our team. Yours sincerely, The Munich Re HR Team

4.0

Jan 1, 2024

Flexible working time

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Together @ Work project let everyone enjoy the hybird mode in Munich Re

Cons

Salary review or the increment can be more

Munich Re Response

2y

Dear employee, Thank you very much for your feedback. We are glad to read that you enjoy our hybrid working model. At the same time, we are sorry to hear that you are not pleased with the salary review. We consider it essential to compensate our employees appropriately in order to show appreciation for their skills and the time they devote to the company. Should you have any further suggestions or ideas on how we can improve even further, please do not hesitate to let us know. Yours sincerely, The Munich Re HR Team

Viewing 487 - 489 of 889 Reviews

Jobs at Munich Re

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