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 107 reviews)); "Great people outside of dept" ((in 93 reviews)); "great work/life balance" ((in 81 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 24 reviews))

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

"Poor Management and corporate environment" ((in 21 reviews)); "bad leadership and working environment" ((in 12 reviews)); "The handful of bad managers can bring down an entire department" ((in 12 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 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.

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 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 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).

Reviews by job title

888 reviews

2.0

Apr 6, 2022

Not great

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Good benefits Central office location Growing

Cons

Leadership team too traditional - not keeping with the times Hierarchical structure Directors undermine work efforts put in (and hours) to just complete bau. Performance based on hours you do - not the work you do Huge issue is no work life balance in this company at the moment Not enjoyable place to work Not a place for sharing new ways of working

5.0

Feb 27, 2022

nice company

Actuarial specialist

Recommend

CEO approval

Business Outlook

Pros

great environment clear career pathway

Cons

low salary low salary low salary

4.0

Feb 24, 2022

Great company and employer

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

Extremely professional organisation with excellent network and support.

Cons

None of any real significance

Viewing 151 - 153 of 888 Reviews

Jobs at Munich Re

Customer Success Manager

Vereinigte Staaten von Amerika

Director Product Management

Vereinigte Staaten von Amerika

Distribution and Sales Analyst

Munich Re

Munich Re reviews

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nice company

Great company and employer

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