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 90 reviews)); "Great people to work with" ((in 88 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 81 reviews)); "Colleagues are friendly" ((in 46 reviews)); "The average salary is good" ((in 28 reviews))

What are the cons of working at Munich Re according to real employee 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 9 reviews)); "training could be much better but not too bad to complain" ((in 5 reviews)); "Not enough females in senior management" ((in 5 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.

Skip to content Skip to footer

Notifications

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

Jul 18, 2016

Great internship

Intern

Recommend

CEO approval

Business Outlook

Pros

As an intern I was worked with an underwriting team. Real experience and great opportunity to learn !

Cons

I would have like more help to find the accomodation. Not so easy for non german speakers. It is easier to join a Swiss company.

4.0

May 28, 2014

Head of Department

Head of department

Recommend

CEO approval

Business Outlook

Pros

-very global, good financial background

Cons

inflexible work culture, collegues who "give up"

2.0

Aug 5, 2021

MRSI is NOT Munich Re...avoid

Underwriter

Recommend

CEO approval

Business Outlook

Pros

They overpay, that's it really.

Cons

MRSI- the specialty insurance arm, is to be avoided at all costs. This is NOT the Munich Re you were hoping to join. Management is cold and uncaring of their employees. You are absolutely replaceable and they'll remind you repeatedly. MRSI is hyper focused on growth over underwriting results. Don't come here hoping to underwrite...grow grow grow In all of MunichRe - promotions are reserved for Risk Analysts (the internal training program where drones are made and fast tracked over experienced hires). Do not bother coming here as an experienced hire...you won't be appreciated compared to the drones they produce- even with years more experience. The most political company you'll ever work. "yes" men and women throughout- individual thought is NOT rewarded. Complete lip service to diversity and inclusion. Good luck looking for diversity in management ranks....

Viewing 115 - 117 of 886 Reviews

Jobs at Munich Re

Consultant Sustainability (m/f/d)* in full- or part time (80%) - limited until 06/2027

München

View job

Intern Artificial Intelligence (m/f/d)*

München

View job

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

München

View job

Physical Security Technology Manager (m/f/d)*

München

View job

Consultant Corporate Learning (m/f/d)*

München

View job