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?

"Great people outside of dept" ((in 101 reviews)); "Benefits are good and group look after staff" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 46 reviews)); "The average salary is good" ((in 30 reviews))

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

"Office politics can be overwhelming" ((in 10 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 9 reviews)); "long hours and demanding projects" ((in 8 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.

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

May 4, 2026

Great company with good benefits and pay

Manager

Recommend

CEO approval

Business Outlook

Pros

Great company good benefits and pay

Cons

None come to mind easily

Munich Re Response

4w

Dear colleague, Thank you for your positive feedback! We are very pleased to hear that you experience Munich Re as a great company and value the benefits and compensation we offer. We truly appreciate your contributions and dedication, and look forward to your continued success at Munich Re. Kind regards, Munich Re

5.0

May 3, 2026

Supportive team and work-life balance, but slow processes

Senior software engineer

Recommend

CEO approval

Business Outlook

Pros

Supportive team and good work-life balance. Flexible working environment and friendly colleagues.

Cons

Limited opportunities to work on more complex or large-scale systems.

Munich Re Response

4w

Dear colleague, Thank you for sharing your feedback with us! We are glad to hear that you value the supportive team, the flexible working environment, and the work-life balance. At the same time, we take your comment regarding the limited opportunities to work on more complex or large-scale systems seriously. Feedback like this helps us identify areas where we can further enhance development opportunities and provide more challenging projects. Thank you for being part of our team! Kind regards, Munich Re

4.0

May 1, 2026

Good work-life balance but limited advancement opportunities

Actuary

Recommend

CEO approval

Business Outlook

Pros

Work life balance, pays fairly well, good people, high collaboration among colleagues

Cons

Flat structure, not many opportunities to move into senior roles

Munich Re Response

1mo

Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you value our work-life balance, fair compensation and the collaborative spirit among colleagues. We also take your comments regarding limited advancement opportunities very seriously. Creating meaningful development perspectives for our employees is an important priority, and your feedback helps us identify where we can further improve. Thank you for your contributions to our team. Best regards, Munich Re

Viewing 7 - 9 of 885 Reviews

Jobs at Munich Re

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

München

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

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

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Munich Re

Munich Re reviews

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Reviews by job title

Great company with good benefits and pay

Supportive team and work-life balance, but slow processes

Good work-life balance but limited advancement opportunities

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