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

(888 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 888 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

888 reviews

4.0

Jan 20, 2023

Place to work

Actuary

Recommend

CEO approval

Business Outlook

Pros

Stable company with respect for employees

Cons

Slowness of decision making and lengthy internal processes

5.0

Jan 11, 2023

Review of Munich Re

Risk analyst

Recommend

CEO approval

Business Outlook

Pros

Hybrid work schedule Great benefits

Cons

Hectic schedule The branch that I worked at was quite small

5.0

Jan 11, 2023

Local subsidiary with superpowers from group

Chief sales officer cso

Recommend

CEO approval

Business Outlook

Pros

Strong legacy, overall high competencies in all functions. Well developed and implemented processes.

Cons

Mandatory processes and norms are tailored for more staff intensive units than we have locally, leading to high demand of local adjustment in order for these to not impact customer experience

Viewing 586 - 588 of 888 Reviews

Jobs at Munich Re

Digital Learning Strategist - SuccessFactors Learning Strategy & Technology

Parametric Structuring Analyst

Vereinigte Staaten von Amerika

$116K - $170K /yr

(Employer provided)

View job

Customer Success Manager

Vereinigte Staaten von Amerika