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.

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Munich Re

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

5.0

Apr 13, 2025

Pleasant work environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good place to work, people are nice, work is quite interesting, good work culture.

Cons

New offices are not great, (hot-desking, meal options etc.)

Munich Re Response

Dear colleague, Thank you for your feedback! We’re delighted to hear your experience at Munich Re is positive. We also appreciate your comments regarding the new office setup. Your feedback is important to us as we continue to adapt our workplace to meet the needs of our employees. Thank you for being part of our team! Kind regards, Munich Re

4.0

Apr 13, 2025

work

Technical accountant

Recommend

CEO approval

Business Outlook

Pros

good environment for learn and implement

Cons

No awards or recoginistions given in the organisation.

Munich Re Response

Dear former colleague, Thank you for taking the time to share your feedback. We’re pleased to hear you enjoyed the learning environment and opportunities to implement your skills during your time with us. We also value your input regarding recognition within the organization. Acknowledging and celebrating the contributions of our employees is important, and your feedback helps us to further improve in this area. We wish you all the best in your future endeavors. Kind regards, Munich Re

5.0

Apr 12, 2025

Good team environment

It internal auditor

Recommend

CEO approval

Business Outlook

Pros

- good team and management - great work life balance - good benefits

Cons

- mandatory 2 days in office

Munich Re Response

Dear colleague, Thank you for taking the time to share your feedback. We're happy to hear that you appreciate the team and management environment as well as a healthy work-life balance, and benefits. We also acknowledge your comment regarding the mandatory in-office days. We aim to balance flexibility with collaboration, and your input is important as we continue to shape our work model. Thanks for being part of our team! Kind regards, Munich Re

Viewing 109 - 111 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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Project Manager - Business Strategy & Operations (m/f/d)*

München

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

München

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