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

2.0

Jan 7, 2025

Business Development Manager

Business development manager

Recommend

CEO approval

Business Outlook

Pros

Good perks and annual bonuses.

Cons

Poor management and lack of leadership

Munich Re Response

1y

Dear Former Colleague, Thank you for sharing your feedback. We’re sorry to hear about your dissatisfaction with management and leadership during your time with us. Your insights are invaluable in helping us improve and foster a positive work environment for everyone. We take your comments seriously and encourage you to share more details about your experience directly with us at HR-careers@munichre.com. Your input will help us identify areas where we can do better. Kind regards, Munich Re

5.0

Jan 3, 2025

Great Benefits

Actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

Great benefits and training opportunities

Cons

Not so eager to keep you when you have other offers

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to share your feedback. We are thrilled to hear that you value the benefits and training opportunities we offer. Supporting the growth and development of our employees is something we are deeply committed to. We acknowledge your comment about how we approach situations when team members receive other offers. While such situations can be complex, we are committed to fostering open communication and ensuring every employee feels supported in their career decisions. Your feedback is invaluable in helping us improve, and we truly appreciate your input. Should you have any further thoughts or suggestions, feel free to reach out to us directly. Kind regards, Munich Re

5.0

Dec 29, 2024

Great employee

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Poseibility of Homeoffice, great colleagues

Cons

The Process of pay raise

Munich Re Response

1y

Dear colleague, Thank you for sharing your feedback with us. We are glad to hear that you value the possibility of working from home and appreciate the support of your great colleagues. Your feedback is invaluable as we strive to enhance our processes and overall employee experience. Kind regards, Munich Re

Viewing 154 - 156 of 886 Reviews

Jobs at Munich Re

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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Senior Director / Client Relationship & Risk Manager - Commercial Real Estate (m/f/d)*

München

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Munich Re

Munich Re reviews

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Business Development Manager

Great Benefits

Great employee

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