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 to work with" ((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.

Munich Re reviews

Compare reviews

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

Jan 24, 2024

Best company to work for

Senior it risk officer

Recommend

CEO approval

Business Outlook

Pros

Work-life balance, Good compensation package

Cons

Lots of bureaucracy and hierarchy

Munich Re Response

2y

Dear employee, We really appreciate you taking the time to evaluate us as your employer. We are grateful that you rate your current experience with us as positive. We continuously strive to provide a work environment that aligns with the needs and preferences of our employees. A healthy work-life balance is also very important to us. We take your points regarding bureaucracy and hierarchical structures very seriously and are initiating measures to improve in this regard. If you have any specific suggestions that you would like to share with us, please do not hesitate to contact us. We are happy to have you with us. Yours sincerely, The Munich Re HR Team

4.0

Jan 16, 2024

Good and competitive

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Salary Opportunities Food Office Hybrid

Cons

Hierarchies are a bit of problem

Munich Re Response

2y

Dear employee, Thank you very much for your feedback. We are glad to hear that you are satisfied with your salary and the hybrid working model. Offering fair compensation, flexible working hours and a wide spectrum of development oppotunities is essential to demonstrating respect and appreciation to our employees. We regret that you weren´t satisfied with the hirarchical structure within the company. We continuously aim to foster a respectful and appreciative environment, where everyone´s voice feels heard. Please let us know if you have any suggestions or ideas on how we can improve. Yours sincerely, The Munich Re HR Team

3.0

Jan 15, 2024

One of the best emloyer in Munich

Mitarbeiter projektmanagement it/organisation

Recommend

CEO approval

Business Outlook

Pros

good benefits and salary, interesting taks

Cons

the culture is very conservative, High average age

Munich Re Response

2y

Dear employee, Thank you for your feedback. We are very pleased that you are so satisfied with the salary, provided benefits and the interesting tasks. It is important to us to constantly improve and to show our employees respect and appreciation. In particular, this includes fair compensation and a wide range of tasks and development opportunities. Your feedback shows us that we are taking the right measures to achieve this goal. If you have any further suggestions, please do not hesitate to let us know. Yours sincerely, The Munich Re HR Team

Viewing 61 - 63 of 885 Reviews

Jobs at Munich Re

Munich Re Service GmbH - Junior Product Manager - Insurance (m/f/d)*

München

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

München

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Consultant Corporate Learning (m/f/d)*

München

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

München

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

München

View job

Munich Re

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Best company to work for

Good and competitive

One of the best emloyer in Munich

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