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

3.0

Aug 8, 2024

Growth detierating the working environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

There is a friendly work environment and collaboration between teams.

Cons

Lack of support with the extensive growth leading to increased pressure and hours. It is difficult to move up the pay band as they focus on benchmarks and not the individuals performance as well as the bonus being tied only to company targets.

Munich Re Response

1y

Dear former colleague, Thank you for your feedback regarding your experience at Munich Re. Great to hear that you appreciated the friendly work environment and collaboration between teams. We recognize the challenges associated with growth and understand the concerns about increased pressure and working hours. Your insights play a crucial role in our continuous improvement, and we thank you for sharing them. Kind regards, Munich Re

4.0

Aug 5, 2024

Mostly positive experience

Technical analyst

Recommend

CEO approval

Business Outlook

Pros

Stable, profitable company Opportunities for international travel Smart coworkers, positive working environment

Cons

Inefficient, bureaucratic, resistant to change

Munich Re Response

1y

Dear colleague, Thank you for your feedback regarding your experience as a Technical Analyst in New York. We are delighted to hear that you appreciate our global mobility, corporate culture, and your colleagues. We take your comments on our processes and readiness for change very seriously. In a global organization like Munich Re, some processes can be complex and take longer to implement. We strive to continuously improve in this regard, e.g. by introducing agile working methods. Thank you for your commitment. It's great to have you with us. Kind regards, Munich Re

3.0

Aug 1, 2024

Mehh

Avp-actuarial

Recommend

CEO approval

Business Outlook

Pros

Trying to grow aggressively, innovative

Cons

Don’t care so much about people

Munich Re Response

1y

Dear colleague, Thank you for your feedback on your experience as an AVP-Actuarial. As a global organization, innovation and growth are very important to us, but the well-being of our employees is our highest priority. Therefore, we kindly ask you to share further details regarding your experience with us via the following e-mail address: p0060018221@munichre.com Kind regards, Munich Re

Viewing 202 - 204 of 886 Reviews

Jobs at Munich Re

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

München

View job

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

View job

Intern Artificial Intelligence (m/f/d)*

München

View job

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Growth detierating the working environment

Mostly positive experience

Mehh

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