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.

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

Jan 23, 2025

good working environment but slow progression

Reinsurance underwriter

Recommend

CEO approval

Business Outlook

Pros

extremely good benefits and worklife balance

Cons

slow progression, lack of a structured progression route, promotions are random at best

Munich Re Response

1y

Dear Colleague, Thank you for your feedback. We’re glad to hear that you appreciate the benefits and work-life balance at Munich Re. At the same time, we understand that challenges such as slow and unstructured progression can be frustrating. Please know that we are continuously working to improve our processes and create an environment that fosters growth for all employees. Your input is invaluable in helping us identify areas for improvement, and we truly appreciate your contribution. Kind regards, Munich Re

4.0

Jan 22, 2025

Great

Systems engineer

Recommend

CEO approval

Business Outlook

Pros

Good benefits and good wfh option

Cons

Can be slow to move things along

Munich Re Response

1y

Dear colleague, Thank you for sharing your feedback about your experience with our company. We are pleased to hear that you value the benefits and options available. We also understand that challenges such as slow progress can lead to frustration. Please know that we are continuously working to improve efficiency and streamline processes. Your feedback is greatly appreciated as it helps us identify areas for growth and improvement. Kind regards, Munich Re

4.0

Jan 18, 2025

Employee care is great, inefficiencies let it down

Senior application developer

Recommend

CEO approval

Business Outlook

Pros

Generous package and benefits, talented coworkers, employee care and support is great. Never had a call or email outside of working hours.

Cons

It will depend on the the team but it's a typical corporate agile environment, bureaucracy is obstructive at times and things move very slowly.

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your feedback about your experience with our company. We are pleased to hear that you value the overall support, benefits, and collaborative environment we strive to provide for our employees. At the same time, we understand that challenges like bureaucracy and slower progress can arise in a large organizational setting. Please know that we are actively working to enhance efficiency and streamline processes to better support our colleagues. Your feedback is greatly appreciated as it helps us identify areas for growth and improvement. Kind regards, Munich Re

Viewing 145 - 147 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

Consultant Corporate Learning (m/f/d)*

München

View job

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

München

View job

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

good working environment but slow progression

Great

Employee care is great, inefficiencies let it down

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