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

Aug 14, 2024

Great company

Team lead

Recommend

CEO approval

Business Outlook

Pros

Tons of opportunities to get involved in projects of all kinds.

Cons

Global companies can cause complexity

Munich Re Response

1y

Dear colleague, Thank you for sharing your feedback. We’re glad you appreciate the opportunities to engage in various projects. We understand that working in a global company can bring complexities, and we’re committed to refining our processes to make things smoother for everyone. We appreciate your input and are happy to have you with us. Kind regards, Munich Re

5.0

Aug 13, 2024

Intern

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good Exposure, work life balance and positive environment

Cons

system is not that advance

Munich Re Response

1y

Dear former colleague, Thank you for taking the time to rate your internship with us. We are pleased that you enjoyed aspects such as the work-life balance and the work culture at Munich Re. As a global organization, we focus strongly on innovative work processes and systems. In order to continuously improve, we would like to learn more about your experience with our systems. Please do not hesitate to give us more details regarding your experience: p0060018221@munichre.com Thank you for your commitment and all the best for your future career. Kind regards, Munich Re

5.0

Aug 11, 2024

Excellent Workplace with Outstanding Benefits

Consultant

Recommend

CEO approval

Business Outlook

Pros

The atmosphere at Munich Re is collaborative and encouraging. Colleagues are professional, and management is approachable and supportive. There is a strong focus on work-life balance, which is highly appreciated. -The company offers free lunch & excellent childcare benefits. The facilities are top and the company is committed to employee well-being.

Cons

No major cons to mention. Like any large company, there can be occasional bureaucracy,

Munich Re Response

1y

Dear colleague, Thank you for sharing your experience as a consultant at Munich Re. We’re delighted to hear that you value our collaborative environment and our commitment to maintaining a healthy work-life balance. We wish you all the best in your future endeavors. Kind regards, Munich Re

Viewing 199 - 201 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)

München

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Intern Artificial Intelligence (m/f/d)*

München

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Munich Re

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Great company

Intern

Excellent Workplace with Outstanding Benefits

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