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?

"Great people outside of dept" ((in 92 reviews)); "Benefits are good and group look after staff" ((in 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 49 reviews)); "The average salary is good" ((in 31 reviews))

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

"bad leadership and working environment" ((in 12 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Not enough females in senior management" ((in 5 reviews)); "To little perspective on individual career development" ((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

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

4.0

Sep 20, 2024

Good company to work for

Actuary

Recommend

CEO approval

Business Outlook

Pros

Salary, work life balance, benefits

Cons

advancement can be a challenge

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 salary, work-life balance, and benefits we offer. We understand that advancement can sometimes be a challenge, and we are always exploring ways to create more growth opportunities for our employees. Your feedback is invaluable, and we’re committed to making continuous improvements. Kind regards, Munich Re

5.0

Sep 17, 2024

Good experience

Intern

Recommend

CEO approval

Business Outlook

Pros

Good benefits, nice colleagues, various social events

Cons

Hard to get a return offer

Munich Re Response

1y

Dear former colleague, Thank you for your feedback! We're pleased to hear you appreciate the benefits, supportive colleagues, and social events. We understand that securing a return offer can be challenging, and we’re committed to exploring ways to make this process more accessible. We understand that securing a follow-up position can be challenging, and we’re continuously working on increasing opportunities for future roles. Kind regards, Munich Re

5.0

Sep 16, 2024

Project coordinator

Recommend

CEO approval

Business Outlook

Pros

good work life balance, decent pay

Cons

no scope for growth, very operational

Munich Re Response

1y

Dear former colleague, Thank you for sharing your experience! It’s great to hear that you value the work-life balance and find the pay reasonable. We understand your thoughts on the limited growth opportunities and the operational focus, and we’ll keep this in mind as we look for ways to improve. We acknowledge your concerns regarding growth opportunities and the operational focus, and we would welcome further details to gain a clearer understanding and explore potential improvements via the following email address: p0060018221@munichre.com. Kind regards, Munich Re

Viewing 184 - 186 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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Solution Architect (m/f/d)*

München

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

München

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Intern Artificial Intelligence (m/f/d)*

München

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Munich Re

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Project coordinator

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