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 (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 in the industry" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 32 reviews)); "Good work environment and business model" ((in 23 reviews))

What are the cons of working at Munich Re according to real employee 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 11 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 9 reviews)); "team turnover is extremely high and there is no career development in there." ((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

(886 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (886 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 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).

Reviews by job title

886 reviews

4.0

Feb 23, 2021

Great Company!

Hr- consultant

Recommend

CEO approval

Business Outlook

Pros

The benefits are really competitive and there is a lot of flexibility in terms of working location, hours etc. The Company really promotes developmental and supports you with the tools to further your career.

Cons

Some of the processes and procedures are a little archaic.

4.0

Feb 23, 2021

Good company

Senior accountant

Recommend

CEO approval

Business Outlook

Pros

Great team, good benefits offered

Cons

Difficult to achieve work life balance

4.0

Feb 22, 2021

London

Senior claims specialist

Recommend

CEO approval

Business Outlook

Pros

Very experienced Claims teams and technical expertise

Cons

Degree of silo mentality between London and Munich

Viewing 736 - 738 of 886 Reviews

Jobs at Munich Re

Customer Success Manager

Vereinigte Staaten von Amerika

$125K - $145K /yr

(Employer provided)

View job

Group Underwriting Consultant

Distribution and Sales Analyst