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 101 reviews)); "Benefits are good and group look after staff" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 46 reviews)); "The average salary is good" ((in 30 reviews))

What are the cons of working at Munich Re according to real employee 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 6 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

Compare reviews

4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

83% 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 885 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

885 reviews

4.0

Mar 12, 2018

Underwriter - Engineering

Underwriter - engineering

Recommend

CEO approval

Business Outlook

Pros

Flexible Hours, Good Bonuses, Free Lunch

Cons

Large corporate structure, current job security issues

5.0

Feb 4, 2016

Munich re

Claims

Recommend

CEO approval

Business Outlook

Pros

Good development options, great benfits, international organisation, big organisation, good salaries. In general a very good Company to work for.

Cons

Big can be slow in following trends and changes, bureaucratically, hierarchic, lack of overall managerial policy, decision fear.

3.0

Dec 7, 2015

RE-Giant suffering from low interest environment and high admin cost

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Internationalität Sozialer Arbeitgeber Spannende globale Projekte Market Leader in Reinsurance

Cons

Strong boy's network lack of innovation due to expansive money markets new entrants jeopardizing business model

Viewing 13 - 15 of 885 Reviews

Jobs at Munich Re

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

München

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Berlin - Kaufleute (m/w/d) für Versicherungen und Finanzanlagen im Innendienst zum 15. August 2026

Consultant Corporate Learning (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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Global Specialist Employee and Travel Security (m/f/d)*

München

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