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 to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 28 reviews))

What are the cons of working at Munich Re according to real employee reviews?

"long hours and demanding projects" ((in 10 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "There is no clear career development." ((in 8 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.

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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

Mar 5, 2020

Great

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

very good company, but a lot of change coming up

Cons

decisions can take some time

1.0

Feb 27, 2020

Good stepping stone company for interns and graduates. Don’t stay longer than 1 year.

Devops engineer

Recommend

CEO approval

Business Outlook

Pros

Flexible time. Good work environment. Pension. Health insurance. Life Insurance.

Cons

Salaries are low and kept frozen for over 5 years. Managers don’t care about employees and constantly make false promises to trick people on staying. Only selected people can work from home. Over 20% of employees leaving every year. Contractors are given only 3 months contracts, and are notified at the very last day that their contract won’t be renewed.

5.0

Feb 18, 2020

Fantastic internship!

Intern marketing

Recommend

CEO approval

Business Outlook

Pros

Great work environment and people. Onsite amenities are fabulous (great food, gym, etc..)

Cons

None that I can really say

Viewing 673 - 675 of 888 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Director Product Management