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 to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 28 reviews))

What are the cons of working at Munich Re according to real employee reviews?

"long hours and demanding projects" ((in 10 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "There is no clear career development." ((in 8 reviews)); "Not enough females in senior management" ((in 6 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 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 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).

Reviews by job title

888 reviews

4.0

Jan 24, 2024

Great place

Technical accountant

Recommend

CEO approval

Business Outlook

Pros

Great atmosphere, top management have an open door policy and are very friendly.

Cons

none that I can think off

Munich Re Response

2y

Dear former colleague, Thank you very much for this great evaluation of Munich Re as an employer. We see a positive work environment and transparent communication at eye level as crucial for the well-being of our employees. We are therefore happy that you were satisfied with the working atmosphere and the open door policy of our top management. We wish you all the best for your future. Yours sincerely, The Munich Re HR Team

5.0

Jan 24, 2024

Best company to work for

Senior it risk officer

Recommend

CEO approval

Business Outlook

Pros

Work-life balance, Good compensation package

Cons

Lots of bureaucracy and hierarchy

Munich Re Response

2y

Dear employee, We really appreciate you taking the time to evaluate us as your employer. We are grateful that you rate your current experience with us as positive. We continuously strive to provide a work environment that aligns with the needs and preferences of our employees. A healthy work-life balance is also very important to us. We take your points regarding bureaucracy and hierarchical structures very seriously and are initiating measures to improve in this regard. If you have any specific suggestions that you would like to share with us, please do not hesitate to contact us. We are happy to have you with us. Yours sincerely, The Munich Re HR Team

5.0

Jan 22, 2024

Very good

Actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

hybird, full of support, and global leading environment

Cons

Nothing I could think of

Munich Re Response

2y

Dear employee, We appreciate you taking the time to share your experience with us. We are very happy to see that you are satisfied with us as an employer. In order to encourage our employees achieve their professional goals, it is important to us to provide them with the best possible support, for example by providing benefits such as hybrid working, corporate benefits and flexbile working hours. Thank you for being aware of our efforts. We are delighted to have you with us. Yours sincerely, The Munich Re HR Team

Viewing 289 - 291 of 888 Reviews

Jobs at Munich Re

Associate Financial Specialist

RI Accounting & Claims Handling Analyst

TreasurySvcs and AcctsPayable Analyst

Munich Re

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