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 94 reviews)); "Benefits are good and group look after staff" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 82 reviews)); "Colleagues are friendly" ((in 48 reviews)); "The average salary is good" ((in 28 reviews))

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

"Poor Management and corporate environment" ((in 21 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 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.

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

4.0

Mar 5, 2025

Great Company

Data analyst

Recommend

CEO approval

Business Outlook

Pros

Great people, good working flexibility and autonomy.

Cons

Low salary increases and sometimes tedious poorly defined processes.

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to share your feedback! We're delighted to hear that you appreciate the people, flexibility, and autonomy at Munich Re. We understand that salary progression and process efficiency are important aspects of your work experience. Your insights are truly valuable as we continuously strive to enhance our workplace. If you have any specific suggestions or ideas, we’d love to hear from you. Please feel free to reach out to us at HR-careers@munichre.com. Warm regards, Munich Re

5.0

Mar 4, 2025

Good

Technical accountant

Recommend

CEO approval

Business Outlook

Pros

Great learning opportunities and amazing work environment

Cons

High complexity in operations and regulations

Munich Re Response

1y

Dear Former Colleague, Thank you for taking the time to share your feedback. We are delighted to hear that you valued the learning opportunities and enjoyed the work environment. We understand that the complexity of operations and regulations can be challenging. We continuously strive to improve and develop as a company, and your input helps us in this effort. We appreciate your time with us and wish you all the best in your future endeavors. Kind regards, Munich Re

4.0

Mar 4, 2025

Solid place to work

Actuary

Recommend

CEO approval

Business Outlook

Pros

Nice people and good pay

Cons

Terrible technlology which needs massively updating.

Munich Re Response

1y

Dear colleague, Thank you for your feedback! We’re glad to hear that you appreciate the team and compensation at Munich Re. We recognize the importance of up-to-date technology and are continuously working to enhance our systems. Your input is valuable, and we appreciate you sharing your perspective. That is why we kindly ask you to share more information about this with us via e-mail: HR-careers@munichre.com. Kind regards, Munich Re

Viewing 127 - 129 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

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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

View job

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