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.

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Munich Re

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 12, 2024

Very good company to work on

Cloud engineer

Recommend

CEO approval

Business Outlook

Pros

Competitive salaries, many benefits & large bonus.

Cons

Typical large company problems but nothing major.

Munich Re Response

Dear colleague, Thank you for taking the time to share your experience as a Cloud Engineer in Munich. We are delighted to hear that you enjoy certain aspects, such as the salary, benefits and bonuses offered. We are constantly striving to improve as an employer and aim to reduce the typical problems of large organisations, such as administrative complexity. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

5.0

Oct 11, 2024

Nice

Internship

Recommend

CEO approval

Business Outlook

Pros

Friendly people nice environment good lunch

Cons

I have nothing to complain about

Munich Re Response

Dear colleague, Thank you for taking the time to review your internship in Munich. We are pleased to hear that you enjoy our corporate culture and are happy to have you on the team. Kind regards, Munich Re

5.0

Oct 11, 2024

Supportive

Actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

Supportive company, I always feel looked after. Well-being is valued.

Cons

Exceptionally busy periods at work, but this isn’t company specific

Munich Re Response

Dear colleague, Thank you for taking the time to share your experience as an Actuarial Analyst in London with us. We are delighted to hear that you are satisfied with us as your employer. Eventhough there can be occasional intense work periods, we strive to offer our employees a well balanced workload. Please do not hesitate to address your leader as soon as you feel that the workload becomes to high. Thank you for your commitment. We are happy to have you on our team. Kind regards, Munich Re

Viewing 175 - 177 of 886 Reviews

Jobs at Munich Re

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

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

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

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Solution Architect (m/f/d)*

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

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