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?

84% 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 101 reviews)); "Benefits are good and group look after staff" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 46 reviews)); "The average salary is good" ((in 30 reviews))

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

"Office politics can be overwhelming" ((in 10 reviews)); "Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction)." ((in 9 reviews)); "long hours and demanding projects" ((in 8 reviews)); "Not enough females in senior management" ((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

Compare reviews

4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

83% 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 885 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

885 reviews

4.0

May 4, 2026

Great company with good benefits and pay

Manager

Recommend

CEO approval

Business Outlook

Pros

Great company good benefits and pay

Cons

None come to mind easily

Munich Re Response

Dear colleague, Thank you for your positive feedback! We are very pleased to hear that you experience Munich Re as a great company and value the benefits and compensation we offer. We truly appreciate your contributions and dedication, and look forward to your continued success at Munich Re. Kind regards, Munich Re

4.0

Mar 17, 2026

Good learning experience

Intern

Recommend

CEO approval

Business Outlook

Pros

High expectations for employees but very supportive group to learn from

Cons

No permanent positions available to look forward to

Munich Re Response

2mo

Dear Colleague, Thank you for sharing your feedback about your internship experience at Munich Re. We are pleased to hear that you found the team supportive and that the experience provided valuable learning opportunities. We understand that the transition from an internship to a permanent role can be uncertain, and we appreciate you raising this point. Your perspective helps us better understand how we can manage expectations and provide guidance for career development. Thank you for being part of our team! Best regards, Munich Re

5.0

Feb 20, 2026

Good Employer

Accountant

Recommend

CEO approval

Business Outlook

Pros

The company offers a lot of benefits to workers, such as free lunch and paid courses.

Cons

As every huge company, the hierarchy can delay decisions.

Munich Re Response

3mo

Dear colleauge, Thank you for taking the time to share your feedback with us. We are pleased to hear that you appreciate the professional development opportunities and the complimentary lunch at our company. We strive to create a positive work environment where everyone can grow and develop. At the same time, we understand that hierarchical structures can sometimes slow down decision-making processes. We take your feedback seriously and are continuously reviewing how to streamline workflows and optimize decision-making. Thank you for your contributions to our team! Kind regards, Munich Re

Viewing 19 - 21 of 885 Reviews