Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 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?

84% 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 102 reviews)); "Great people to work with" ((in 86 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 43 reviews)); "The average salary is good" ((in 23 reviews))

What are the cons of working at Munich Re according to real employee 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)); "There is no clear career development." ((in 7 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.

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Munich Re

Munich Re reviews

4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

83% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

3.6

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.1 out of 5 stars, based on 885 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

885 reviews

4.0

Jan 22, 2025

Great

Systems engineer

Recommend

CEO approval

Business Outlook

Pros

Good benefits and good wfh option

Cons

Can be slow to move things along

Munich Re Response

Dear colleague, Thank you for sharing your feedback about your experience with our company. We are pleased to hear that you value the benefits and options available. We also understand that challenges such as slow progress can lead to frustration. Please know that we are continuously working to improve efficiency and streamline processes. Your feedback is greatly appreciated as it helps us identify areas for growth and improvement. Kind regards, Munich Re

5.0

Dec 29, 2024

Great employee

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Poseibility of Homeoffice, great colleagues

Cons

The Process of pay raise

Munich Re Response

Dear colleague, Thank you for sharing your feedback with us. We are glad to hear that you value the possibility of working from home and appreciate the support of your great colleagues. Your feedback is invaluable as we strive to enhance our processes and overall employee experience. Kind regards, Munich Re

5.0

Oct 19, 2024

Great Company

Working student

Recommend

CEO approval

Business Outlook

Pros

There are amazing benefits for the employees and many opportunities throughout the company.

Cons

Early working hours (being in the office at 8 a.m.

Munich Re Response

Dear colleague, Thank you for sharing your feedback regarding your experience in Munich. We are delighted to hear you appreciate the benefits and opportunities we offer. We understand that early working hours can be challenging at times. Since we strive to meet the various needs of our team, your input is highly valuable to us. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

Viewing 40 - 42 of 885 Reviews

Jobs at Munich Re

Consultant Sustainability (m/f/d)* in full- or part time (80%) - limited until 06/2027

München

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Munich Re Service GmbH - Junior Product Manager - Insurance (m/f/d)*

München

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Consultant Corporate Learning (m/f/d)*

München

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

München

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Intern Climate Advisory and Analytics (m/f/d)*

München

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