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

3.0

Oct 12, 2025

Good Culture

Senior data scientist

Recommend

CEO approval

Business Outlook

Pros

Good Collaborative Culture with lot of opportunities to work in other geographies.

Cons

Compensation not on par with the market and the appraisal does have a formal process.

Munich Re Response

8mo

Dear colleague, Thank you for taking the time to leave your feedback! We are glad that you enjoy our work culture and opportunities. That means a lot coming from an employee that has been with us for a considerable amount of time. Please know that we take your comment regarding the salary and appraisal process very seriously. We are continuously working on ensuring fair compensation and equal opportunities for our employees based on position and qualification as best as possible. Your input helps us to identify areas where we can improve, which is why we kindly ask you to reach out to your designated HR Business Partner to share more details about your experience. Thank you for being a part of our team! Kind regards, Munich Re

5.0

Sep 30, 2025

Great company in all aspects imaginable!

Manager finance

Recommend

CEO approval

Business Outlook

Pros

Great company in all aspects imaginable!

Cons

Complex global structure (norm of any multinational company)

Munich Re Response

8mo

Dear colleague, Thank you for sharing your positive feedback about your experience with us. We’re delighted to hear that you see Munich Re as a great employer. We also appreciate your comments about our global structure. We understand that working in such a diverse and international environment can sometimes bring complexity, and we are continuously striving to make our processes more efficient and seamless. Thank you for being part of our team and for the valuable contributions you make every day. Kind regards, Munich Re

5.0

Sep 24, 2025

Excellent employer

Valuation actuary

Recommend

CEO approval

Business Outlook

Pros

Munich Re offers an excellent working environment with supportive colleagues, strong leadership, and a culture that values innovation and professional growth. The company provides great opportunities to work on meaningful global projects, particularly in emerging areas like climate and digital risks. Work-life balance is well respected, and the benefits are highly competitive. A truly stable, forward-thinking employer that invests in both its people and the future of the industry.

Cons

Some processes can feel slow and overly complex, which may delay decision-making. However, this also reflects the company’s commitment to thoroughness, and there’s room to streamline for greater efficiency.

Munich Re Response

9mo

Dear former colleague, Thank you for your thoughtful review and for sharing your experience with us. We are delighted to hear that you valued the working environment, leadership, and opportunities for professional growth at Munich Re. It is rewarding to know that you highlight our culture of innovation and meaningful global projects as key strengths. We also take note of your comments regarding complex processes and decision-making. Feedback like yours is very valuable, as it helps us identify where we can become more efficient while maintaining our standards of quality and thoroughness. We truly appreciate your more than 10 years of commitment and the contributions you made to Munich Re, and we wish you all the best for the future. Kind regards, Munich Re

Viewing 268 - 270 of 889 Reviews

Jobs at Munich Re

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Customer Success Manager

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Munich Re

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Excellent employer

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