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

Nov 24, 2024

Good place to work, stable

Consultant

Recommend

CEO approval

Business Outlook

Pros

Stable, profitable, good work life balance, DEI

Cons

Flat structure, not easy to get promoted.

Munich Re Response

1y

Dear colleague, Thank you for sharing your feedback regarding your experience as a consultant in Singapore. We are pleased to hear you appreciate our stability, profitability and work-life balance. We understand that a flat organizational structure can sometimes pose challenges for career progression. While it fosters collaboration and agility, we are continuously exploring ways to provide clear development pathways and opportunities for growth within the company. Thank you for your feedback and commitment! Kind regards, Munich Re

4.0

Nov 20, 2024

Good company!

Senior data scientist

Recommend

CEO approval

Business Outlook

Pros

Good work and life balance!

Cons

There is no clear career development.

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your experience with us. We’re delighted to hear that you appreciate the good work-life balance we strive to provide. We understand that clear career development is an important aspect of professional growth, and we are continuously exploring ways to improve in this area. Your feedback is invaluable, and we are committed to making meaningful changes to support our employees’ aspirations. Kind regards, Munich Re

5.0

Nov 20, 2024

Great place to work

Underwriter

Recommend

CEO approval

Business Outlook

Pros

A lot of opportunities to make your voice heard

Cons

A lot of recent change.

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your experience with us. We’re delighted to hear that you value the opportunities we provide to make your voice heard. We also recognize that recent changes can present challenges, and we’re committed to ensuring that these transitions are as smooth and beneficial as possible for everyone. Your feedback is invaluable, and it helps us to continue to improve and grow as a company. Kind regards, Munich Re

Viewing 163 - 165 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

Physical Security Technology Manager (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

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Good place to work, stable

Good company!

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