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

Sep 7, 2024

Great culture

Data scientist

Recommend

CEO approval

Business Outlook

Pros

Very nice coworkers, accommodating, good work life balance, interesting work

Cons

Things move a bit slowly

Munich Re Response

Dear colleague, Thank you for taking the time to share your experience with us. We're glad to hear you appreciate the supportive team, balanced work environment, and engaging projects. We understand that progress can sometimes be gradual, but we’re actively working on ways to enhance efficiency. Your feedback is valuable, and we're committed to continuous improvement. Kind regards, Munich Re

4.0

Sep 4, 2024

Interesting work, but culture varies drastically across teams

Actuarial assistant

Recommend

CEO approval

Business Outlook

Pros

Supportive towards student program, interesting work

Cons

Culture varies significantly depending what team you're on

Munich Re Response

Dear colleague, Thank you for taking the time to share your feedback with us. We are pleased to hear that you find our student program supportive and the work interesting. We acknowledge your observation regarding the variation in culture across different teams. Your input is valuable to us, and we will take it into consideration as we continue striving to foster a cohesive and positive working environment for all. Kind regards, Munich Re

5.0

Sep 1, 2024

Great company to grow your career at!

Manager, financial planning and analysis

Recommend

CEO approval

Business Outlook

Pros

Great culture and smart people.

Cons

Top down and complex organization

Munich Re Response

Dear colleague, Thank you for your feedback! We're glad to hear you appreciate the culture and the talented team. We understand that a top-down structure can sometimes feel complex, and we’re always working on improving communication and efficiency within the organization. Kind regards, Munich Re

Viewing 193 - 195 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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Category Manager - Mobility & ESG Reporting (m/f/d)* in part-time (22-30 h/w)

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Intern Artificial Intelligence (m/f/d)*

München

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