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 4, 2025

Engaged Employer

Hr coordinator

Recommend

CEO approval

Business Outlook

Pros

My experience at Munich re has been very positive. Senior leadership and HR cares about employee's development and wellbeing

Cons

Being a global company some processes are complex and collaboration could be improved

Munich Re Response

1y

Dear colleague, Thank you for your positive feedback! We are delighted to hear that you appreciate the focus on employee development and well-being at Munich Re. We understand that working within a global organization can come with complexities, and we continuously strive to enhance collaboration and streamline processes. Your insights are valuable, and we appreciate your perspective. If you have any further suggestions, feel free to reach out at HR-careers@munichre.com. Kind regards, Munich Re

5.0

Mar 3, 2025

Great company

Administrative

Recommend

CEO approval

Business Outlook

Pros

Great people and company. Benefits are strong and vacation is also decent, Hybrid schedule

Cons

No cons to provide here.

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to leave such positive feedback about the people and benefits at our company. We always keep improving to create a comfortable work environment for all employees. Thank you for your dedication! We look forward to continue to grow with you. Kind regards, Munich Re

3.0

Feb 28, 2025

Nice place to work

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

most of the people stay 4+ years

Cons

tech stack could be better

Munich Re Response

1y

Dear Colleague, Thank you for your feedback! We’re pleased to hear that you consider Munich Re a great place to work and appreciate the value of long-term career growth with us. We understand that having the right tech stack is essential, and continuous improvement remains a key priority for us. Your insights help drive innovation forward, and we truly value your perspective. If you have specific suggestions, we encourage you to share them with us at HR-careers@munichre.com—your input plays a crucial role in shaping our future. We appreciate your contribution and look forward to growing together!

Viewing 130 - 132 of 886 Reviews

Jobs at Munich Re

Consultant Corporate Learning (m/f/d)*

München

View job

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

München

View job

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

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