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 to work with" ((in 97 reviews)); "Benefits are good and group look after staff" ((in 96 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 90 reviews)); "Colleagues are friendly" ((in 52 reviews)); "Good work environment and business model" ((in 27 reviews))

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

"Poor Management and corporate environment" ((in 22 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "bad leadership and working environment" ((in 10 reviews)); "long hours and demanding projects" ((in 8 reviews)); "There is no clear career development." ((in 8 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

5.0

Jul 17, 2024

Great company

Graduate trainee

Recommend

CEO approval

Business Outlook

Pros

Good benefits and experience. Managers care and rotations help.

Cons

Too many rotations outside of sponsor team

Munich Re Response

1y

Dear colleague, Thank you for your feedback regarding your experience as a Graduate Trainee in New York. We are delighted to hear that you are enjoying our benefits and the Graduate Trainee Program. Your insights regarding the number of rotations outside the sponsor team are invaluable in helping us continuously improve our trainee program. Good to have you with us. Kind regards, Munich Re

5.0

Jul 15, 2024

Progressive, human focused employer

Manager

Recommend

CEO approval

Business Outlook

Pros

Company is focused on your development and growth. Great work facilities. Very supportive.

Cons

Ability to make a difference is hindered by global governance which is not always relevant to our specific markets.

Munich Re Response

1y

Dear colleague, Thank you for your feedback regarding your experience at our company. We are delighted to learn that our commitment to fostering growth and development, coupled with our well-equipped work facilities and nurturing environment, resonated positively with you during your tenure with us. We acknowledge your concerns about global governance and are continuously working to improve alignment with local markets. Your feedback is invaluable in this ongoing effort. Warm regards, Munich Re

5.0

Jul 11, 2024

Munichre Machine Learning Engineer

Machine learning engineer

Recommend

CEO approval

Business Outlook

Pros

You learn a lot from constantly being in interaction with seniors.

Cons

The work-life balance is lacking, and the compensation is quite low relative to the workload. Additionally, they consistently expect more from employees, and promotions are very difficult to attain

Munich Re Response

1y

Dear colleague, We’re glad you value the learning prospects and the interactions with senior members at our organization. We acknowledge your concerns about the work-life balance, compensation, and promotions. Your feedback is very important to us, and we are dedicated to making improvements based on your suggestions. Warm regards, Munich Re

Viewing 214 - 216 of 886 Reviews

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Munich Re

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Great company

Progressive, human focused employer

Munichre Machine Learning Engineer

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