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.

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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

4.0

Sep 12, 2024

Good Company to work for

Accounting

Recommend

CEO approval

Business Outlook

Pros

Good work/life balance and benefits

Cons

It's hard to get promotions

Munich Re Response

Dear former employee, Thank you for your positive feedback! We’re happy to hear that you’re enjoying the salary and benefits package. We acknowledge your concerns about growth opportunities. Our goal is to ensure that career development is possible for everyone. Your input is appreciated and helps us improve! Kind regards, Munich Re

5.0

Sep 10, 2024

Highly Professional Company meeting all Industrial Standards Investing in their Employee

Asme authorized inspector

Recommend

CEO approval

Business Outlook

Pros

Work & Family Life easily balanced Exposed to diverse culture Opportunities to Rise in the Career

Cons

Lot of travelling involved for work but its all paid and reimbursed

Munich Re Response

Dear colleague, Thank you for your thoughtful review! We're pleased to hear that you value the work-life balance, cultural diversity, and career growth opportunities. We understand that frequent travel can be challenging, but it's great to know the reimbursements help ease that aspect. Your suggestion about expanding into other business lines is valuable and will be taken into consideration. Kind regards, Munich Re

4.0

Sep 10, 2024

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Good benefits, pay is ok, hybrid working is good

Cons

Pay not the best in the market

Munich Re Response

Dear colleague, Thank you for sharing your thoughts! We're happy to hear that you're enjoying the benefits and the flexibility of hybrid working. Your feedback regarding compensation is noted, and we always strive to offer a well-rounded package for our team. Kind regards, Munich Re

Viewing 190 - 192 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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Intern Artificial Intelligence (m/f/d)*

München

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Category Manager - Mobility & ESG Reporting (m/f/d)* in part-time (22-30 h/w)

München

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