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 99 reviews)); "Great people in the industry" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 80 reviews)); "Colleagues are friendly" ((in 49 reviews)); "It was great team to work with" ((in 26 reviews))

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

"Poor Management and corporate environment" ((in 24 reviews)); "Salaries are low and kept frozen for over 5 years." ((in 22 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 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((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.

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Munich Re

Munich Re 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

3.0

Jun 12, 2025

.

Retail sales associate

Recommend

CEO approval

Business Outlook

Pros

employment benefits seems to be ok

Cons

Not too sure about this

Munich Re Response

11mo

Dear former colleague, Thank you for taking the time to share your feedback. We're pleased to hear that you had a positive experience overall and appreciated the benefits offered during your time with us. We wish you all the best in your future professional journey. Kind regards, Munich Re

5.0

Jun 10, 2025

Overall very good company, recently a bit off-track with decisions

Senior software engineer

Recommend

CEO approval

Business Outlook

Pros

- people - salary + bonus - great benefits - lot of company events - only 2 days a week office (good hybrid model) - 2 offices (D1 and D18)

Cons

- recent board decisions very strange - easy to get promoted in the same role (Mid to Senior Dev) but very hard to become more meaningful

Munich Re Response

12mo

Dear colleague, Thank you for taking the time to share your positive feedback about your experience with us. Hearing this from a long-standing team member is especially meaningful. Your perspective is valuable and helps us identify opportunities to further improve as an employer. At Munich Re, we are committed to fostering a workplace where every employee feels valued and has the opportunity to grow. Your insights support that mission, and we truly appreciate your contribution. Kind regards, Munich Re

4.0

Jun 5, 2025

Great

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great work life balance and best culture and values.

Cons

Nothing bad to note about the company.

Munich Re Response

12mo

Dear former colleague, Thank you for your positive feedback. We are glad to hear that you appreciated the work-life balance and culture. As an employer, we are constantly striving to improve and create a beneficial environment for everyone working with us and input like yours helps with that. We wish you continued success in your career. Kind regards, Munich Re

Viewing 79 - 81 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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Intern Artificial Intelligence (m/f/d)*

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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Solution Architect (m/f/d)*

München

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