Munich Re reviews

4.1

85% would recommend to a friend

(887 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Munich Re has an employee rating of 4.1 out of 5 stars, based on 887 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

887 reviews
5.0
Mar 13, 2024

Balance

Recommend
CEO approval
Business Outlook

Pros

Hybrid, culture, diverse, global, travels, parking available in some locations, excellent wellness facilities.

Cons

Paid lunch, No free lunch.

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Munich Re Response
2y
Dear colleague, Thank you for sharing your positive feedback as an IT auditor in Princeton. We are very pleased to hear that you are enjoying your work at Munich Re. As a modern employer, we strive to foster a diverse work culture with flexible working arrangements and opportunities for personalized healthcare offers. We are pleased that you can take advantage of these offers. If you have any further feedback, please do not hesitate to reach out. Thank you for being a part of Munich Re. Warm regards, The Munich Re HR Team
4.0
Mar 13, 2024

Munich Re

Recommend
CEO approval
Business Outlook

Pros

Great company. Great people. Stability.

Cons

Salary negotiation could improve to retain employees

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Munich Re Response
2y
Dear former colleague, Thank you for taking the time to share your feedback. We are delighted to hear that you appreciate Munich Re as a company, the team, and the stability we provide. We also appreciate your constructive feedback regarding salary negotiations. We understand the importance of competitive compensation in retaining talented employees. Please know that your feedback is invaluable to us and will be taken into consideration as we continously work to improve our policies and practices. Best Regards, The Munich Re HR Team
1.0
Mar 11, 2024

Old Fashion Company

Recommend
CEO approval
Business Outlook

Pros

Easy work, you don't need to much more than update a ticket, change one line of code, have 3 hours meeting to talk about the change and then do it all over again. Easy career path, you only need to do what your boss ask.

Cons

- Majority of the software are old and obsolete or are being recycle. - Munich pretends to provide a sense of innovation, but only a selected group of people will make all the decision about what technology and how to use it and, you have to follow with no questions ask. - You don't have a good feeling about talk with HR to solve any problem, because is normal you feel that this action will create more problem to yourself. - Munich has a huge problem with decision making and is normal projects blow up many deadlines or change completely from the original scope. - Munich don't use as default market standards for software development since the concept of the project to the final product development. For example: on the interview they will say that any project uses agile methodologies for the development but, they forgot to mention that in their methodologies, tasks have zero description of what needs to be done. You can say that they use agile methodologies but is far different of what your will be used to. - Also is normal you see people handle to many roles, special in lead position. - At last, if you open any ticket on the IT helpdesk it will take more than 2 weeks or months to be solve or completely forget by them if you don't email or call them every day.

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Munich Re Response
2y
Dear colleague, Thank you for your detailed feedback on your experience with us. We apologize that you are dissatisfied in various ways. Nevertheless, your perspective is very valuable as we strive to continuously improve as an employer. We will address your points concerning technology and internal processes internally in order to further develop in this regard. Warm regards, The Munich Re HR Team
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Glassdoor has 1,404 Munich Re reviews submitted anonymously by Munich Re employees. Read employee reviews and ratings on Glassdoor to decide if Munich Re is right for you.