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

Company ratings over time

Ratings trend for the last 6 months (887 reviews)

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

1.0

Feb 22, 2024

Poor company, poor culture, poor management, toxic

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Free lunches and free snacks

Cons

Poor leadership, toxic environment, bad work life balance, not helpful and do not care about employees. Avoid like the plague.

Munich Re Response

2y

Dear colleague, Thank you very much for your feedback. We are sorry to hear that you have had an unpleasant experience with our leadership and were dissatisfied with your work-life-balance. Our goal is to ensure a healthy and supportive working environment with a well-balanced work-life ratio. We would like to encourage you to reach out to your people leader to improve your current situation. Feel free to reach out to us with further recommendations and ideas. Yours sincerely, The Munich Re HR Team

5.0

Feb 20, 2024

-

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Positive work environment in the office

Cons

Dated systems that create inefficient lag

5.0

Feb 20, 2024

recommend to start your reinsurance career

Actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

Continuously profit making Encourage senior to guide and junior to showcase

Cons

Annual increment is limited if without exams

Munich Re Response

2y

Dear colleague, Thank you for taking the time to share your feedback and experience as an actuarial analyst in Singapore. We truly appreciate that you would recommend Munich Re as an employer and are pleased to hear, that you enjoy aspects such as the promotion of intergenerational exchange within the company. We aim to compensate our employees appropriately and fairly, providing them with promising job prospects. Additionally, we encourage our employees to take advantage of our vast internal development opportunities to advance their careers. Warm regards, the Munich Re HR Team

Viewing 277 - 279 of 887 Reviews

Jobs at Munich Re

Life Underwriting Consultant, Facultative Reinsurance

TreasurySvcs and AcctsPayable Analyst

Associate Financial Specialist

Munich Re

Munich Re reviews

Company ratings over time

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Poor company, poor culture, poor management, toxic

-

recommend to start your reinsurance career

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