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 102 reviews)); "Great people to work with" ((in 86 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 43 reviews)); "The average salary is good" ((in 23 reviews))

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

"bad leadership and working environment" ((in 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "There is no clear career development." ((in 7 reviews)); "Not enough females in senior management" ((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.

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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

83% 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

Apr 11, 2015

Great work environment but limited career options for non-underwrite ring positions.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great work life balance. Good bonus. Training opportunities are available to those who want them. Free onsite gym with tons of equipment and classes.

Cons

Raises are minimal and promotions are rare. Management has a clear bias toward underwriters, so actuaries, claims staff, and operations personnel are treated as second class citizens. Which means, Less money and fewer advancement opportunities.

2.0

Apr 10, 2015

Full of SOP

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

four eyes principle prevail in the company

Cons

Too much external employees working in the company.

2.0

Mar 5, 2015

If you like to have a crushy job it's right for you; if you want to make things happen stay away from it..

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good package with nice employee benefits. Safe job. Good worklife balance. Somehow (but not really) international. People with multiple backgrounds.

Cons

To belong to the right network is more important than skills ("old boys club"). Many managers are more focused on their own agenda than on client's and company's interest. Conservative. Slow decision making. Little degree of delegation, many people try to avoid responsibilty. Too much self-adulation.

Viewing 838 - 840 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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