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

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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

Feb 27, 2024

Great company

Data analyst

Recommend

CEO approval

Business Outlook

Pros

The best reason is the people.

Cons

A con for some people, it can be hard to know other areas of the group but not impossible

Munich Re Response

2y

Dear colleague, Thank you for sharing your experience as a Data Analyst with us. Fostering an environment that enables employees to build positive relationships with colleagues is essential to us. We are therefore glad that you are satisfied in this regard. We also understand that employees want to get to know other areas of our organization and therefore regret, that you have had limited access so far. We will address this internally. Please do not hesitate to let us know your recommendations in this regard. Thank you for being part of our team. We appreciate your contributions to our mutual success. Warm regards, The Munich Re HR Team

4.0

Feb 27, 2024

Good Place to work

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Big company, lots of opportunity

Cons

A lot of formal processes

Munich Re Response

2y

Dear colleague, Thank you for sharing your perspective with us. We offer our employees a variety of professional development opportunities to enable collaborative growth. We are pleased that we are meeting your expectations in this regard. We are keen on fostering a positive working environment for all employees, therefore we regret any inconvenience caused by formal procedures. Please do not hesitate to share your recommendations in this regard, so that we can continue to improve. Thank you for being part of our team. We appreciate your contributions to our mutual success. Warm regards, The Munich Re HR Team

5.0

Feb 26, 2024

Company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Friendly tip for you guys

Cons

The only way I could do that was if you wanted me too

Viewing 274 - 276 of 887 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Group Underwriting Consultant

Munich Re

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