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 (10) , 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 106 reviews)); "Great people in the industry" ((in 87 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 30 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 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "team turnover is extremely high and there is no career development in there." ((in 7 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

(887 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

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 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 6, 2024

Great Place to work

Product manager

Recommend

CEO approval

Business Outlook

Pros

Culture, Work Life Balance, Great Colleagues

Cons

Nothing much to say, all good

Munich Re Response

2y

Dear former colleague, We are very pleased about your positive feedback as a Product Manager in Singapore. As an employer, we aim to create a healthy working environment where all employees have the opportunity to realize their full potential. We are delighted to hear that we were able to create this working environment for you. We wish you all the best for your professional career. Warm regards, Munich Re

5.0

Mar 5, 2024

Internship review

Internship

Recommend

CEO approval

Business Outlook

Pros

Good working atmosphere, growing opportunities, competitive salary.

Cons

I can't mention any specific con.

Munich Re Response

2y

Dear former colleague, Thank you for your positive feedback. We are delighted that our working atmosphere and salary met your expectations. We are keen on supporting our employees in their professional development in the best possible way, we therefore encourage them to take advantage of our extensive internal development opportunities. Your perspective regarding our recruitment process is highly valued and helps us to continuously improve. Thank you for sharing it with us. All the best for your professional future. Warm regards, The Munich Re HR Team

4.0

Feb 29, 2024

Good

Longevity actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

Decent compensation and good people good work life balance

Cons

Pay could be higher like with all companies

Munich Re Response

2y

Dear colleague, Thank you for taking the time to review us. It is important to us to provide all our employees with a healthy working atmosphere and appropriate compensation and benefits. We are pleased that we fulfil your expectations in this regard. To ensure that our employees advance their careers and aquire new skills, we offer our employees comprehensive training and development opportunities. Do not hesitate to contact your local HR team to discuss your individual requirements. Thank you for being part of our team. Warm regards, The Munich Re HR Team

Viewing 271 - 273 of 887 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Group Underwriting Consultant

Munich Re

Munich Re reviews

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Great Place to work

Internship review

Good

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