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

Compare reviews

4.1

84% would recommend to a friend

(886 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 886 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

886 reviews

5.0

May 22, 2025

Top

Chief executive officer, co-founder

Recommend

CEO approval

Business Outlook

Pros

Open minded. Nice place to work

Cons

not very transparent and a little bit too stiff

Munich Re Response

Dear former colleague, Thank you for taking the time to share your feedback. We’re glad to hear that you experienced Munich Re as a welcoming and open-minded workplace. We also appreciate your honest input regarding transparency and workplace flexibility. Feedback like yours helps us reflect on how we can continue to evolve and improve our corporate culture. We wish you all the best in your future endeavors. Kind regards, Munich Re

4.0

May 19, 2025

Senior Manager

Senior manager

Recommend

CEO approval

Business Outlook

Pros

good reputation and health benefit

Cons

bad leadership and working environment

Munich Re Response

Dear colleague, Thank you for sharing your feedback and for your long-standing commitment to Munich Re. We’re pleased to hear that you value our reputation and health benefits. At the same time, we acknowledge your disapproval regarding leadership and working environment. We take such feedback seriously, as it helps us identify areas where we can improve. Please don’t hesitate to share further details with your designated Senior HR Business Partner. Your insights help us immensely to develop a comfortable workspace for all employees. Kind regards, Munich Re

5.0

May 17, 2025

Category Manager

Senior category manager

Recommend

CEO approval

Business Outlook

Pros

Great company to work for

Cons

Slow at times to make change

Munich Re Response

Dear colleague, Thank you for your thoughtful feedback and for your longstanding commitment to Munich Re. We’re delighted to hear that you consider Munich Re as a an excellent employer. At the same time, we acknowledge your comment regarding the pace of change and understand how this can be a challenge. Your input helps us reflect on how we can further improve our responsiveness and agility. Kind regards, Munich Re

Viewing 94 - 96 of 886 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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Consultant Corporate Learning (m/f/d)*

München

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

München

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Solution Architect (m/f/d)*

München

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