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.

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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

Feb 4, 2025

Nice

Accountant

Recommend

CEO approval

Business Outlook

Pros

Mostly good at taking care of employees

Cons

Not much room for growth

Munich Re Response

Dear colleague, We appreciate that you took the time to give us feedback about your experience and are happy to read that you are satisfied with the care given to employees. Please know that we are always working on improving as an employer to create a positive work environment for everyone, so your comment about the growth at our company is very important to us. It helps us identify potential areas of improvement. Kind regards, Munich Re

5.0

Feb 4, 2025

Great company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

It is a company that values its employees.

Cons

The risk appetite is relatively conservative.

Munich Re Response

Dear Colleague, Thank you for your positive feedback! We are delighted to hear that you feel valued as an employee. We recognize that our approach to risk management may sometimes feel conservative. We are always open to feedback and encourage you to share any further insights with us at HR-careers@munichre.com. Your perspective is valuable in helping us refine our approach. Kind regards, Munich RE

5.0

Jan 27, 2025

Good place

Data engineer

Recommend

CEO approval

Business Outlook

Pros

Paid lunch, good environment and friendly people.

Cons

Your experience depends strongly on your team.

Munich Re Response

Dear former colleague, Thank you for sharing your feedback about your experience with us. We’re happy to hear that you value the people as well as the overall environment at our company. We understand that experiences can differ depending on the team structure. Please know that we value your insights regarding this as they help us identify potential areas for improvement. Kind regards, Munich Re

Viewing 142 - 144 of 886 Reviews

Jobs at Munich Re

Aushilfe (m/w/d)

Düsseldorf

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

München

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Consultant Corporate Learning (m/f/d)*

München

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