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 103 reviews)); "Great people in the industry" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "Good pay and work" ((in 27 reviews))

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

"Poor Management and corporate environment" ((in 21 reviews)); "The handful of bad managers can bring down an entire department" ((in 13 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 11 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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

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4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

84% 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

Apr 18, 2024

Great Employer with great benefits

Consultant (hr)

Recommend

CEO approval

Business Outlook

Pros

great benefits, many internal development opportunities, expert driven, flexible working hours

Cons

at times slow paced, conservative

Munich Re Response

Dear colleague, Thank you for taking the time to share your feedback regarding your experience as an HR Consultant in Munich. We are delighted that aspects such as our development opportunities and benefits meet your expectations. In large global companies like Munich Re, processes can take longer. We are aware of that and aim to constantly improve by implementing agile processes and working structures. Good to have you with us. Warm regards, Munich Re"

5.0

Apr 11, 2024

Ooen Culture

Product manager

Recommend

CEO approval

Business Outlook

Pros

A very nice company and open culture

Cons

Changes should be adapted and welcomed

Munich Re Response

Dear colleague, Thank you for your feedback as a Product Manager in Munich. We are very pleased to hear that you enjoy working with us. As good working conditions are important for job satisfaction and professional development, we are very glad to see those points positively highlighted in your review. We are continuously looking for ways to improve as an employer end improve the employee experience. Therefore, we greatly appreciate your feedback. Warm regards, Munich Re

3.0

Apr 4, 2024

Great benefits, poor culture

Head of hr

Recommend

CEO approval

Business Outlook

Pros

Pay and benefits, great colleagues, financially successful, flexible work

Cons

Poor leadership especially at Board level, not sufficiently international, hierarchical, slow, bureaucratic

Viewing 55 - 57 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)*

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

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