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 98 reviews)); "Great people in the industry" ((in 97 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 77 reviews)); "Colleagues are friendly" ((in 53 reviews)); "Good work environment." ((in 25 reviews))

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

"Poor Management and corporate environment" ((in 20 reviews)); "Office politics can be overwhelming" ((in 11 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)); "long hours and demanding projects" ((in 9 reviews)); "There is no clear career development." ((in 7 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

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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

5.0

Aug 31, 2012

Nice people who are willing to help

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Nice people, well paced working progress

Cons

mediocre pay for start interns

4.0

Aug 20, 2012

Great benefits and enjoyable coworkers.

Field service supervisor

Recommend

CEO approval

Business Outlook

Pros

Large organization with many growth opportunities.

Cons

Very strict corporate guidelines and little creativity.

4.0

Jul 12, 2012

Those were the days...

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Some great people, fantastic facilities, still care somewhat about their employees

Cons

Not the place it used to be (but still ok)

Viewing 871 - 873 of 885 Reviews

Jobs at Munich Re

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

München

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Praktikum für den Bereich Eventmanagement (m/w/d)*

München

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Consultant Corporate Learning (m/f/d)*

München

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

München

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Berlin - Kaufleute (m/w/d) für Versicherungen und Finanzanlagen im Innendienst zum 15. August 2026