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 101 reviews)); "Great people to work with" ((in 91 reviews)); "Great work/life balance" ((in 89 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 31 reviews))

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

"Office politics can be overwhelming" ((in 11 reviews)); "bad leadership and working environment" ((in 10 reviews)); "long hours and demanding projects" ((in 8 reviews)); "There is no clear career development." ((in 7 reviews)); "Not enough females in senior management" ((in 5 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.

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Munich Re

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

Sexual orientation

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

4.0

Nov 5, 2023

Stable and profitable company

Actuarial

Recommend

CEO approval

Business Outlook

Pros

Stable profitability, great underwriting knowledge, global connection

Cons

complexity in organisation and guidelines, conservative in culture

5.0

Oct 31, 2023

Working here

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Nice colleagues. Friendly environment. Knowledgeable people.

Cons

Lack of visibility on career progression. Lack of visibility on salary and increment.

5.0

Oct 31, 2023

Good

Senior data scientist

Recommend

CEO approval

Business Outlook

Pros

good insurance company, and the top in the world

Cons

it is a so big company

Viewing 316 - 318 of 887 Reviews

Jobs at Munich Re

Intern Artificial Intelligence (m/f/d)*

München

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

München

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

München

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

München

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

München

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