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 94 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 90 reviews)); "Great people to work with" ((in 90 reviews)); "Colleagues are friendly" ((in 51 reviews)); "The average salary is good" ((in 27 reviews))

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

"Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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 9 reviews)); "Not enough females in senior management" ((in 6 reviews)); "There is no clear career development." ((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

(890 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (890 reviews)

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 890 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

890 reviews

2.0

Apr 6, 2022

Not great

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Good benefits Central office location Growing

Cons

Leadership team too traditional - not keeping with the times Hierarchical structure Directors undermine work efforts put in (and hours) to just complete bau. Performance based on hours you do - not the work you do Huge issue is no work life balance in this company at the moment Not enjoyable place to work Not a place for sharing new ways of working

5.0

Mar 31, 2022

Very good company

Senior analyst

Recommend

CEO approval

Business Outlook

Pros

Colleagues, big platform, great learning oppoutunities

Cons

None, when I worked there

5.0

Mar 29, 2022

Amazing Place to work

Technician

Recommend

CEO approval

Business Outlook

Pros

The people are great The company takes care of it's employees - lots of benefits Great work life balance Great pay

Cons

Only worked there for a short time and from home, but never had a bad thing to say about working there.

Viewing 493 - 495 of 890 Reviews

Jobs at Munich Re

Intern Artificial Intelligence (m/f/d)*

München

View job

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

München

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Intern Operations & Process Automation - Credit Underwriting (m/f/d)*

München

View job

International Graduate Trainee - focus on business administration / economics (m/f/d)*

München

View job

International Graduate Trainee - focus on AI Implementation (m/f/d)*

München

View job

Munich Re

Munich Re reviews

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