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?

84% 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 94 reviews)); "Benefits are good and group look after staff" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 82 reviews)); "Colleagues are friendly" ((in 48 reviews)); "The average salary is good" ((in 28 reviews))

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

"Poor Management and corporate environment" ((in 21 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)); "Not enough females in senior management" ((in 5 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

84% 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

4.0

Feb 10, 2026

Good company to work for

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Friendly organisation Flexible / Good work life balance Good benefits

Cons

Progression is slow as well as salary increases

Munich Re Response

3mo

Dear colleauge, Thank you for taking the time to share your feedback with us. We are pleased to hear that you valued the flexibility, good work-life balance, and benefits provided. We also recognize your comments concerning the pace of career progression and salary adjustments. Feedback like yours helps us to reflect on how we can continue to support the development of our team members. Please feel free to share more insights into your experiences with your designated HR Business Partner, if you feel so inclined. Thank you for being part of our team. We appreciate your contribution to our joint success. Kind regards, Munich Re

5.0

Feb 5, 2026

Decent Pay

Data engineer

Recommend

CEO approval

Business Outlook

Pros

Decent pay and great benefits

Cons

No big cons, all good

Munich Re Response

4mo

Dear colleague, Thank you for taking the time to share your feedback with us! We are pleased to hear that you are satisfied with the salary and benefits provided. We truly appreciate your contributions and dedication, and look forward to your continued success at Munich Re. Kind regards, Munich Re

5.0

Jan 20, 2026

Accounts Assistant at Munich Re

Accounts assistant

Recommend

CEO approval

Business Outlook

Pros

Fantastic work/life balance. Great office. Fantastic office culture. Great bonus

Cons

Base salary could be better

Munich Re Response

4mo

Dear former colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you appreciated the work–life balance, office environment, and bonus structure during your time with us. At the same time, we acknowledge your comments regarding salary. We take such feedback seriously, as it helps us continue to reflect and improve as an organization. We wish you every success and all the best in your future professional endeavors. Kind regards, Munich Re

Viewing 22 - 24 of 886 Reviews

Jobs at Munich Re

Vereinigte Staaten von Amerika

IT Transformation Analyst Intern

Munich Re

Munich Re reviews

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Reviews by job title

Good company to work for

Decent Pay

Accounts Assistant at Munich Re

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