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

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 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

886 reviews

5.0

Feb 14, 2021

Great opportunity to collect experience

Intern

Recommend

CEO approval

Business Outlook

Pros

International and challenging environment, working together with specialists with various academic backgrounds and clients from different fields of business and global companies, extrem fair conditions and many many benefits

Cons

pretty hard to get a direct entrance as graduate (only through graduate program)

5.0

Feb 13, 2021

pretty good

Actuary

Recommend

CEO approval

Business Outlook

Pros

work life balance for most cases

Cons

average salary, standard career path.

5.0

Feb 13, 2021

Great place to work

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Continuous Learning and Atmosphere. Plus work-life balance

Cons

Big company, difficult to change culture.

Viewing 742 - 744 of 886 Reviews

Jobs at Munich Re

Customer Success Manager

Vereinigte Staaten von Amerika

Vereinigte Staaten von Amerika

$125K - $145K /yr

(Employer provided)

View job

Distribution and Sales Analyst