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 99 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Great people in the industry" ((in 85 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 29 reviews))

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

"Poor Management and corporate environment" ((in 22 reviews)); "Office politics can be overwhelming" ((in 10 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)); "long hours and demanding projects" ((in 8 reviews)); "team turnover is extremely high and there is no career development in there." ((in 7 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

2.0

Dec 27, 2018

Disappointed with my experience

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great cafeteria in building, and excellent location in Hartford. Good benefits and competitive salary. Subsidized parking. There are some really brilliant people working there.

Cons

Large feeling of disconnection between employees and departments. A lot of talk about working together but then when the moment is over, so is the action plan. As stated above, lots of smart people but not many worth forging a relationship with, as many will talk behind one’s back. My department had a very strong leader who insisted on a work-life balance but not all areas are like that.

5.0

Nov 20, 2018

IT Trainer

It trainer

Recommend

CEO approval

Business Outlook

Pros

Positive Corporate Culture and Excellent commuincation between US and Munich!

Cons

Software was slow to change over time, but that comes with a large international company!

4.0

Nov 14, 2018

Sr. Underwriter

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

Good work life balance for employees

Cons

Big company with heavy influence from parent in Germany

Viewing 799 - 801 of 886 Reviews

Jobs at Munich Re

Vereinigte Staaten von Amerika

Director Product Management

Customer Success Manager