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 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 52 reviews)); "The average salary is good" ((in 27 reviews))

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

"bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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.

Munich Re 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

3.0

Apr 29, 2025

Inconsistent

Information technology risk manager

Recommend

CEO approval

Business Outlook

Pros

Overall a stable environment with good benefits

Cons

Little chance of advancing; lots of incompetent interference from overseas. Hard to advance if you’re not German. It’s good for a job, not so much for a career.

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your feedback with us. We’re pleased to hear that you view our company as a stable work environment and appreciate the benefits we offer. We regret to read that your experience with aspects such as career advancement has not met your expectations. Please be assured that we take such concerns seriously. To help us better understand and address these issues, we encourage you to share more details by contacting us at HR-careers@munichre.com. Your insights are valuable and play an important role in helping us improve as an employer. Kind regards, Munich Re

4.0

Apr 25, 2025

Work and Life Balanace

Data analyst

Recommend

CEO approval

Business Outlook

Pros

work and life balance is good

Cons

it is a bit hard to grow

Munich Re Response

1y

Dear colleague, Thank you for your feedback. We’re pleased to hear that you value the work-life balance at Munich Re. At the same time, we recognize that opportunities for career development are important and are contiouslycontinuously committed to creating chances for growth. Your input supports our efforts to further strengthen these areas. Thank you for being part of our team! Kind regards, Munich Re

5.0

Apr 13, 2025

pretty good

Data specialist

Recommend

CEO approval

Business Outlook

Pros

good manager, good benefits, and reasonable expectations

Cons

work can get stagnant and redundant, linear career opportunity

Munich Re Response

1y

Dear colleague, Thank you for your positive feedback! We are glad you are satisfied with your manager, benefits, and the work environment at Munich Re. We also acknowledge your input regarding career development and job variety. We are committed to continuously enhancing career growth opportunities and keeping work engaging for all our employees. Thank you for being part of our team! Kind regards, Munich Re

Viewing 106 - 108 of 886 Reviews

Jobs at Munich Re

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

View job

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

München

View job

Intern Artificial Intelligence (m/f/d)*

München

View job

Project Manager - Business Strategy & Operations (m/f/d)*

München

View job

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Inconsistent

Work and Life Balanace

pretty good

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