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.

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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

4.0

Nov 30, 2024

Great company to work for.

Team lead

Recommend

CEO approval

Business Outlook

Pros

Smart teams, good benefits and overall great culture.

Cons

Complexity of the overall organization

Munich Re Response

Dear colleague, Thank you for your feedback regarding your experience with us. We’re glad to hear you appreciated the positive aspects of working here, including the supportive environment and the benefits we offer. At the same time, we acknowledge your concerns about the organization’s complexity and are continuously working to improve in this area. Your feedback is invaluable to us as we strive for ongoing progress. Kind regards, Munich Re

3.0

Nov 30, 2024

Good Company

Data scientist

Recommend

CEO approval

Business Outlook

Pros

Good Benefits, Good Culture, Remote working

Cons

Organizational Restructure, lack vision, no data

Munich Re Response

Dear former colleague, Thank you for your feedback. We’re glad to hear there were positive aspects of your experience with us. We also take note of your concerns and will keep them in mind as we continue to develop and improve. Your input is valuable and appreciated. Wishing you all the best in your future endeavors! Kind regards, Munich Re

3.0

Nov 27, 2024

Good

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good work environment and business model

Cons

Conservative mindset to take risks

Viewing 160 - 162 of 886 Reviews

Jobs at Munich Re

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

München

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Physical Security Technology Manager (m/f/d)*

München

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Consultant Corporate Learning (m/f/d)*

München

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

München

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Category Manager Real Estate & Services (m/w/d)* - befristet bis 03/2029

München

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