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 96 reviews)); "Great people outside of dept" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 49 reviews)); "The average salary is good" ((in 26 reviews))

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

"The handful of bad managers can bring down an entire department" ((in 13 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Limited working hours" ((in 8 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

Company ratings over time

Ratings trend for the last 6 months (889 reviews)

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 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).

Reviews by job title

889 reviews

5.0

Dec 9, 2025

Good place

Recruitment consultant

Recommend

CEO approval

Business Outlook

Pros

Good environment and nice culture and people

Cons

Nothing everything is great about mr

Munich Re Response

6mo

Dear colleague, Thank you for providing feedback on your time with us. We’re glad to know that you enjoy the work environment and people at Munich Re. That means a lot coming from someone that has been with us for over three years. Creating a comfortable space for our employees is important to us, and it’s great to know that our efforts are paying off. We’re glad to have you on the team! Kind regards, Munich Re

4.0

Nov 20, 2025

Good

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Flexible working arrangements, hybrid working style

Cons

A lot of politic games

Munich Re Response

7mo

Dear colleague, Thank you for taking the time to share your feedback with us. We’re glad to hear that you value our working arrangements. At the same time, we take your comment regarding internal politics seriously. Insights like yours help us strengthen collaboration and transparency across the company. Please know that we remain committed to fostering an open and cooperative work culture, and your perspective supports our efforts to identify areas for improvement. Thank you for being part of Munich Re. Kind regards, Munich Re

3.0

Nov 19, 2025

Good to learn but lack of growth opportunities

Entry level software engineer

Recommend

CEO approval

Business Outlook

Pros

Friendly colleagues, and great benefits

Cons

Lack of growth opportunities and high recent turnover

Munich Re Response

7mo

Dear former colleague, Thank you for sharing your feedback with us. We’re glad to hear that you had positive experiences with the people in your team and valued the benefits we provide. We also acknowledge your concerns regarding growth opportunities and high turnover. This is valuable input, as we continuously strive to improve our development pathways and overall employee experience. If you’d like to share more, please feel free to reach out to us at HR-careers@munichre.com. Any additional insights can help us better understand your perspective. We appreciate your contributions during your time with us and wish you all the best in your future professional endeavors. Kind regards, Munich Re

Viewing 259 - 261 of 889 Reviews

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Munich Re

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Good place

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Good to learn but lack of growth opportunities

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