Munich Re reviews

4.1

85% would recommend to a friend

(889 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

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
2.0
Aug 5, 2021
Recommend
CEO approval
Business Outlook

Pros

They overpay, that's it really.

Cons

MRSI- the specialty insurance arm, is to be avoided at all costs. This is NOT the Munich Re you were hoping to join. Management is cold and uncaring of their employees. You are absolutely replaceable and they'll remind you repeatedly. MRSI is hyper focused on growth over underwriting results. Don't come here hoping to underwrite...grow grow grow In all of MunichRe - promotions are reserved for Risk Analysts (the internal training program where drones are made and fast tracked over experienced hires). Do not bother coming here as an experienced hire...you won't be appreciated compared to the drones they produce- even with years more experience. The most political company you'll ever work. "yes" men and women throughout- individual thought is NOT rewarded. Complete lip service to diversity and inclusion. Good luck looking for diversity in management ranks....

4.0
Jul 28, 2021
Recommend
CEO approval
Business Outlook

Pros

Work life balance Access to international expertise Good benefits Good working environment Supportive management No hierarchy and it’s easy to chat to executives when needed

Cons

I don’t have much downsides to share. Only thing is that the Munich re group is well established and all the processes are in place so it’s difficult to implement innovation in such a culture as they’re comfortable using tried and tested ways

Viewing 568 - 570 of 889 Reviews

Glassdoor has 1,406 Munich Re reviews submitted anonymously by Munich Re employees. Read employee reviews and ratings on Glassdoor to decide if Munich Re is right for you.