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?

85% 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 97 reviews)); "Great people outside of dept" ((in 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 28 reviews))

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

"bad leadership and working environment" ((in 11 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 8 reviews)); "Not enough females in senior management" ((in 6 reviews)); "There is no clear career development." ((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.

Munich Re reviews

4.1

85% 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

5.0

Oct 19, 2024

Great Company

Working student

Recommend

CEO approval

Business Outlook

Pros

There are amazing benefits for the employees and many opportunities throughout the company.

Cons

Early working hours (being in the office at 8 a.m.

Munich Re Response

1y

Dear colleague, Thank you for sharing your feedback regarding your experience in Munich. We are delighted to hear you appreciate the benefits and opportunities we offer. We understand that early working hours can be challenging at times. Since we strive to meet the various needs of our team, your input is highly valuable to us. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

1.0

Oct 18, 2024

The worst organisation I have worked for in 15 years

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good benefit package and flexible work from home policy.

Cons

Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction). Unable to drive the organisation to achieve anything. Openly blame middle management in town halls but Executives can’t keep it civil enough to get through a management meeting without one leaving in a huff. Employees left with nothing to do, or with any work completed then being binned due to strategy changes. No regard for employee wellbeing and no trust.

Munich Re Response

1y

Dear colleague, Thank you for taking the time to review your experience with us in Dublin. We are glad that you enjoy our benefits and home office opportunities. We deeply regret your dissatisfaction with other factors such as leadership. As we strive to continuously improve our leadership framework, we take your feedback very seriously. In order to better understand the situation, we encourage you to provide further details about your experience via the following email address: p0060018221@munichre.com Kind regards, Munich Re

5.0

Oct 17, 2024

great company

Structurer

Recommend

CEO approval

Business Outlook

Pros

well work life balance， pay well

Cons

training is not very complete

Munich Re Response

1y

Dear colleague, Thank you for taking the time to review your experience with us in Munich. We are pleased to hear you are satisfied with our work-life balance and salary. As we aim to enable our employees to develop professionally according to their wishes, your feedback on our training opportunities is also very valuable to us. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

Viewing 172 - 174 of 886 Reviews

Jobs at Munich Re

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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Consultant Procurement Financial Performance (m/f/d)*

München

View job

Solution Architect (m/f/d)*

München

View job

Strategic HR Business Partner (m/f/d)*

München

View job

Munich Re

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The worst organisation I have worked for in 15 years

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