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 100 reviews)); "Great people outside of dept" ((in 96 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 80 reviews)); "Colleagues are friendly" ((in 46 reviews)); "Good pay and work" ((in 28 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 8 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 8 reviews)); "Not enough females in senior management" ((in 6 reviews)); "To little perspective on individual 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.

Skip to content Skip to footer

Notifications

Munich Re

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

4.0

Jun 4, 2025

Good company

Exec. assistant

Recommend

CEO approval

Business Outlook

Pros

Very flexible working conditions, free lunches

Cons

The work isn't that interesting but it's insurance!

Munich Re Response

Dear colleague, Thank you for taking the time to leave your feedback. We are happy to see that the working conditions as well as lunch possibilities are received positively. Our goal is to provide a comfortable environment for alle employees. We understand that not all tasks can be engaging and interesting to work on, yet the field of reinsurance is an undoubtedly important one and we are glad to have you with us. Thank you for your dedication! Kind regards, Munich Re

5.0

Jun 4, 2025

Review

Marine underwriter

Recommend

CEO approval

Business Outlook

Pros

Great company to work for!

Cons

Can get busy just like every other insurer

Munich Re Response

Dear colleague, Thank you for your positive feedback regarding your experience with us! We are happy to know that you consider us a good employer, as we are constantly striving to improve and create a beneficial workspace for all employees. We understand that the workload can fluctuate, and it can get busy – especially in those times, it is great to have you with us. Kind regards, Munich Re

5.0

Jun 3, 2025

Good employer

Manager

Recommend

CEO approval

Business Outlook

Pros

Professional organisation with clear business objectives

Cons

Many processes and compliance procedures to follow

Munich Re Response

Dear colleague, Thank you for taking the time to leave your feedback. We are glad that you experience us as a professional organisation with clear objectives, as that is our goal as a company. Of course, we understand that processes and procedures can at times be tedious to follow. Please know that we are consistently working on improving and we strive towards creating a comfortable environment for everyone. Comments like yours help us identify potential areas of further improvement. Thank you for your dedication! Kind regards, Munich Re

Viewing 82 - 84 of 885 Reviews

Jobs at Munich Re

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

München

View job

Intern Artificial Intelligence (m/f/d)*

München

View job

Consultant Corporate Learning (m/f/d)*

München

View job

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

München

View job

Solution Architect (m/f/d)*

München

View job