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 94 reviews)); "Great people in the industry" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 32 reviews)); "Good work environment and business model" ((in 23 reviews))

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

"Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction)." ((in 11 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 9 reviews)); "team turnover is extremely high and there is no career development in there." ((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

(886 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 886 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

886 reviews

4.0

Jan 1, 2024

Flexible working time

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Together @ Work project let everyone enjoy the hybird mode in Munich Re

Cons

Salary review or the increment can be more

Munich Re Response

2y

Dear employee, Thank you very much for your feedback. We are glad to read that you enjoy our hybrid working model. At the same time, we are sorry to hear that you are not pleased with the salary review. We consider it essential to compensate our employees appropriately in order to show appreciation for their skills and the time they devote to the company. Should you have any further suggestions or ideas on how we can improve even further, please do not hesitate to let us know. Yours sincerely, The Munich Re HR Team

5.0

Dec 27, 2023

Best German employer in Canada

Service manager

Recommend

CEO approval

Business Outlook

Pros

Good people, Huge company, Great benefits, Great workplace Great Compensation Global organization

Cons

Munich Re is a collection of several companies. Each company has different outlook and perspective which makes them unique.

Munich Re Response

2y

Dear employee, Thank you for taking your time to evaluate your position as a Service Manager at Munich Re in Toronto. We are extremely pleased to hear that you are satisfied with the work atmosphere, the benefits, and the internationality of the company. Our goal is to create an environment where our employees feel valued and supported while achieving their professional goals. Your recognition validates our efforts to create a positive work environment. We are grateful for your commitment. and Should you have any further suggestions or ideas on how we can improve even further, please do not hesitate to let us know. Thank you for being part of our team. We appreciate your contribution to our joint success. Yours sincerely, The Munich Re HR Team

5.0

Dec 23, 2023

Great

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Excellent atmosphere Continuos concersations Worldwide travel

Cons

Reduced line of business Small sector in Colombia

Munich Re Response

2y

Dear employee, Thank you for taking your time to evaluate your position as an Underwriter. We are pleased to hear that you are happy with the working atmosphere and the travel opportunities at Munich Re. Your feedback is very important to us. It confirms that our efforts to create a good work environment as well as internationality are paying off. If you have any further feedback, please don’t hesitate to let us know. Yours sincerely, The Munich Re HR Team

Viewing 298 - 300 of 886 Reviews

Jobs at Munich Re

Intern Artificial Intelligence (m/f/d)*

München

View job

Project Manager - Business Strategy & Operations (m/f/d)*

München

View job

Intern Consultant Data Science and AI (m/f/d)*

München

View job

Global Specialist Employee and Travel Security (m/f/d)*

München

View job

Munich Re Service GmbH - Risk Analytics Consultant (m/f/d)*

München

View job

Munich Re

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Flexible working time

Best German employer in Canada

Great

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