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

Compare 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

5.0

Oct 17, 2024

great company

Structurer

Recommend

CEO approval

Business Outlook

Pros

well work life balance， pay well

Cons

training is not very complete

Munich Re Response

Dear colleague, Thank you for taking the time to review your experience with us in Munich. We are pleased to hear you are satisfied with our work-life balance and salary. As we aim to enable our employees to develop professionally according to their wishes, your feedback on our training opportunities is also very valuable to us. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

5.0

Oct 11, 2024

Nice

Internship

Recommend

CEO approval

Business Outlook

Pros

Friendly people nice environment good lunch

Cons

I have nothing to complain about

Munich Re Response

Dear colleague, Thank you for taking the time to review your internship in Munich. We are pleased to hear that you enjoy our corporate culture and are happy to have you on the team. Kind regards, Munich Re

5.0

Sep 17, 2024

Good experience

Intern

Recommend

CEO approval

Business Outlook

Pros

Good benefits, nice colleagues, various social events

Cons

Hard to get a return offer

Munich Re Response

Dear former colleague, Thank you for your feedback! We're pleased to hear you appreciate the benefits, supportive colleagues, and social events. We understand that securing a return offer can be challenging, and we’re committed to exploring ways to make this process more accessible. We understand that securing a follow-up position can be challenging, and we’re continuously working on increasing opportunities for future roles. Kind regards, Munich Re

Viewing 43 - 45 of 885 Reviews

Jobs at Munich Re

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

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Praktikum für den Bereich Eventmanagement (m/w/d)*

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

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

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

Deutschland

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