Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.1 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 106 reviews)); "Great people in the industry" ((in 87 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 30 reviews))

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

"The handful of bad managers can bring down an entire department" ((in 13 reviews)); "bad leadership and working environment" ((in 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "team turnover is extremely high and there is no career development in there." ((in 7 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

(887 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.1

Compensation and benefits

4.0

Diversity & inclusion

3.6

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.1 out of 5 stars, based on 887 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

887 reviews

4.0

Mar 18, 2024

Great Company

Data analytics

Recommend

CEO approval

Business Outlook

Pros

Good People and Work and Life Balance

Cons

A lot of politics. Not easy to grow!

Munich Re Response

2y

Dear colleague, Thank you for reviewing your experience as a Data Analyst in Princeton. Team spirit and a healthy work-life balance are two key factors to feel satisfied at work - we therefore attach great importance to team events, flexible working hours and home office options and are pleased that these points meet your expectations. We are aware that internal political hurdles that come with large organizations like Munich Re can be challenging. Therefore, we aim to foster a positive working environment in which our employees can develop and grow regardless of these conditions. We take your feedback very seriously and encourage you to reach out to your local HR team for more detailed information. Good to have you with us. Warm regards, Munich Re

1.0

Feb 22, 2024

Poor company, poor culture, poor management, toxic

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Free lunches and free snacks

Cons

Poor leadership, toxic environment, bad work life balance, not helpful and do not care about employees. Avoid like the plague.

Munich Re Response

2y

Dear colleague, Thank you very much for your feedback. We are sorry to hear that you have had an unpleasant experience with our leadership and were dissatisfied with your work-life-balance. Our goal is to ensure a healthy and supportive working environment with a well-balanced work-life ratio. We would like to encourage you to reach out to your people leader to improve your current situation. Feel free to reach out to us with further recommendations and ideas. Yours sincerely, The Munich Re HR Team

2.0

Jan 29, 2024

Big company with big issues

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

This is a well-established company which provides a sense of stability. Employees almost always get the annual bonus.

Cons

The management fosters a toxic work environment. Poor vision and bad strategic decisions take their toll on the employees.

Munich Re Response

2y

Dear former employee, Thank you for taking the time to rate your experience with us. It is important to us to show our appreciation to our employees. This is why we offer competitive salaries, an attractive working environment and, if condiditons are met, an additional bonus payment. It is essential for us to foster a positive working environment for all employees, especially from a management perspective. If you have any specific suggestions in this regard that you would like to share with us, please do not hesitate to contact us. Yours sincerely, The Munich Re HR Team

Viewing 184 - 186 of 887 Reviews

Jobs at Munich Re

Intern Artificial Intelligence (m/f/d)*

München

View job

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

München

View job

Intern Consultant Data Science and AI (m/f/d)*

München

View job

Global Specialist Employee and Travel Security (m/f/d)*

München

View job

Munich Re Service GmbH - Risk Analytics Consultant (m/f/d)*

München

View job

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Great Company

Poor company, poor culture, poor management, toxic

Big company with big issues

Jobs at Munich Re

Munich Re reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Munich Re reviews FAQs

Jobs at Munich Re