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

(888 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 888 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

888 reviews

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

3.0

Feb 20, 2024

Ok Culture Too much politics and interferance from the group

Shared services staff

Recommend

CEO approval

Business Outlook

Pros

some good local culture but that's on a team by team basis

Cons

very political, overworked, and under-resourced very flat local structure not many opportunities or career paths

Munich Re Response

2y

Dear former colleague, Thank you very much for your feedback. As a modern employer, we are committed to creating a healthy and appreciative corporate culture with opportunities for career advancement. We regret that your experience with us did not fully meet your expectations. If you would like to elaborate further on your feedback, please let us know as we constantly aim to improve. We wish you all the best for the future. Warm regards, the Munich Re HR Team

5.0

Feb 15, 2024

Data Engineer Intern | Experience

Data engineer intern

Recommend

CEO approval

Business Outlook

Pros

Good work environment. A place to learn and contribute to real-world problems.

Cons

High Expectations, Potential for Stress

Munich Re Response

2y

Dear colleague, Thank you for taking the time to leave a review. We are pleased to hear that you enjoyed working at Munich Re and that you would recommend us to others. For us, a healthy working atmosphere is essential. As an employer, we naturally don't want to over- or underchallenge anyone, instead we are keen to create the best working conditions so that our employees can develop their individual potentials. Please do not hesitate to contact us if you have any further feedback and concrete suggestions for improvement. Thank you for being part of our team. We appreciate your contribution to our mutual success. Yours sincerely, The Munich Re HR Team

Viewing 280 - 282 of 888 Reviews

Jobs at Munich Re

Associate Financial Specialist

Life Underwriting Consultant, Facultative Reinsurance

TreasurySvcs and AcctsPayable Analyst

Munich Re

Munich Re reviews

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Reviews by job title

recommend to start your reinsurance career

Ok Culture Too much politics and interferance from the group

Data Engineer Intern | Experience

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