Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 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?

"Great people outside of dept" ((in 96 reviews)); "Benefits are good and group look after staff" ((in 94 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 82 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 28 reviews))

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

"bad leadership and working environment" ((in 12 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 8 reviews)); "Not enough females in senior management" ((in 6 reviews)); "Time wasting meetings; Micromanaging; No smart leader; No career development is being planned, pure labour; Questionable performance review" ((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

84% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

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

Sep 22, 2017

Great company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

professional development, salary, work/life balance

Cons

career path is undetermined, often reorganizations

5.0

Sep 3, 2017

Organisation

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Professional, competent and collegiate team Work/Life Balance Good people Business run for long term results Great reputation Global Innovation push - global leader in its market

Cons

Like any large global and established organisation that sticks to its knitting and has disciplined approval processes it is difficult to systematically embrace an innovative culture to pivot business models except in pockets.

2.0

Aug 11, 2017

Big name, small results

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

opportunities to experience a variety of roles

Cons

Poorly paid; lack of loyalty

Viewing 820 - 822 of 886 Reviews

Jobs at Munich Re

Vereinigte Staaten von Amerika

Director Product Management

Customer Success Manager