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

5.0

Jan 18, 2026

Great Company

Reinsurance underwriter

Recommend

CEO approval

Business Outlook

Pros

excellent global reputation and offers strong job security. Very professional, knowledgeable colleagues and a generally respectful working culture. Good work-life balance with flexible options.

Cons

Large organsation with quite a bit of bureaucracy

Munich Re Response

4mo

Dear colleague, Thank you for your positive feedback. We are pleased that you experience Munich Re as a good employer with professional team members and a respectful, well-balanced work culture. These aspects are very important to us, as we continuously strive to improve and to create a supportive and comfortable environment for all employees. At the same time, we recognize that the size of our organization can result in longer processes. Your feedback helps us identify areas where we can further improve. We are glad to have you as part of our team. Kind regards, Munich Re

4.0

Jan 13, 2026

Large Company Undergoing Transformation

Data analyst

Recommend

CEO approval

Business Outlook

Pros

Its a big place with a lot of opportunity to move around. Culture is friendly and people almost always make time to chat.

Cons

Its a whole world in of itself and it can be overwhelming. Onboarding is helpful, but new joiners will need some initiative to get the full picture.

Munich Re Response

4mo

Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you value the opportunities and social culture within our company. We also appreciate your observation regarding the possibility of new colleagues feeling overwhelmed.Feedback like this is highly valuable to us and supports our ongoing efforts to enhance onboarding and support for new colleagues. Thank you for being part of our team! Kind regards, Munich Re

4.0

Jan 11, 2026

Good place

Actuary

Recommend

CEO approval

Business Outlook

Pros

Good place Very strong benefits

Cons

Difficult to grow as qualified

Munich Re Response

4mo

Dear colleague, Thank you for taking the time to share your feedback. We appreciate your positive assessment of Munich Re as an employer and your recognition of our benefits. At the same time, we understand that internal growth opportunities can be challenging. We recognize that this can be frustrating and want to assure you that we are continuously working to improve. Your input plays an important role in that process. If you would like to share further details about your experience, please feel free to contact your designated HR Business Partner at your convenience. Thank you for being a part of our team! Kind regards, Munich Re

Viewing 25 - 27 of 886 Reviews

Jobs at Munich Re

Vereinigte Staaten von Amerika

IT Transformation Analyst Intern

Munich Re

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Large Company Undergoing Transformation

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