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 102 reviews)); "Great people outside of dept" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 53 reviews)); "Good pay and work" ((in 24 reviews))

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

"bad leadership and working environment" ((in 11 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Slow career progression, and there is no formal performance review" ((in 7 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

85% would recommend to a friend

(889 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 889 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

889 reviews

5.0

Mar 24, 2026

Good company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Work life balance Flexibility of work type

Cons

Salary is not so good Promotion not clear process

Munich Re Response

3mo

Dear colleague, thank you for taking the time to share your feedback. We are pleased to hear that you value the work-life balance and flexibility we offer. At the same time, we take your comments regarding compensation and the transparency of promotion processes very seriously. We continuously review these areas to ensure we remain competitive and provide clear, fair development opportunities for our employees. Thank you for being part of our team! Best regards, Munich Re

4.0

Mar 17, 2026

Good learning experience

Intern

Recommend

CEO approval

Business Outlook

Pros

High expectations for employees but very supportive group to learn from

Cons

No permanent positions available to look forward to

Munich Re Response

3mo

Dear Colleague, Thank you for sharing your feedback about your internship experience at Munich Re. We are pleased to hear that you found the team supportive and that the experience provided valuable learning opportunities. We understand that the transition from an internship to a permanent role can be uncertain, and we appreciate you raising this point. Your perspective helps us better understand how we can manage expectations and provide guidance for career development. Thank you for being part of our team! Best regards, Munich Re

5.0

Feb 21, 2026

Very good employer

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

High salary Technical skills Good WLB

Cons

Can sometimes be slow Hierarchical

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 value the salary, work-life balance, and benefits provided. At the same time, we take note of your feedback regarding hierarchical structures and the pace of work. Your insights are important to us as we continuously strive to improve as an employer. Thank you for being part of our team and for your contributions to our joint success. Kind regards, Munich Re

Viewing 247 - 249 of 889 Reviews

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