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 96 reviews)); "Great people outside of dept" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 49 reviews)); "The average salary is good" ((in 26 reviews))

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

"The handful of bad managers can bring down an entire department" ((in 13 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Limited working hours" ((in 8 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

(889 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 889 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

889 reviews

5.0

Jul 25, 2022

Munich Re

Senior accountant

Recommend

CEO approval

Business Outlook

Pros

Subsidised lunch Great people Good for growth and development

Cons

Systems could be better, and does tend to be a bit siloed

4.0

Jul 20, 2022

Good development

Underwriting support manager - reinsurance

Recommend

CEO approval

Business Outlook

Pros

Great development if you want to grow career. There is flexibility in role to work what you want to work on if you are interested in learning something new.

Cons

I wish people had a more holistic view and were more focused on resolution rather than deciding whose responsibility something is to resolve. I prefer a more collaborative workspace focused on solutions and getting things done quickly. I feel like part of this is because the company is so big so things take longer than I like.

5.0

Jul 18, 2022

Great place to work

Hr generalist

Recommend

CEO approval

Business Outlook

Pros

Company does a lot for employees, good benefits and policies

Cons

Bad pay and very long hours.

Viewing 463 - 465 of 889 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

International Graduate Trainee - focus on mathematics/actuarial science (m/f/d)*

München

View job

Internship in Alternative Assets (m/f/d)*

München

View job

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

München

View job

Munich Re

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