Munich Re reviews

4.1

85% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

84% positive business outlook

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).

Reviews by job title

886 reviews
4.0
Jul 8, 2024
Recommend
CEO approval
Business Outlook

Pros

A lot of great benefits , good company to work with, good pay

Cons

HR team can be difficult and stingy to receive pay rises

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Munich Re Response
1y
Dear colleague, Thank you for taking the time to share your experience as a graduate student in London with us. We are pleased to hear that you appreciate the benefits we offer. Regarding your feedback on salary adjustments: we highly value the contribution of all our employees. We are committed to rewarding them fairly based on their performance. This also includes salary increases in case their performance exceeds the current compensation level. Thank you for your feedback on this point, it will help us to continuously improve as an employer. Good to have you with us Kind regards, Munich Re
3.0
Jul 8, 2024
Recommend
CEO approval
Business Outlook

Pros

Benefits and salary are very competitive

Cons

A lot of beurauchracy. Slow code changes and tech outdated.

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Munich Re Response
1y
Dear former colleague, Thank you for your feedback regarding your experience as a Software Engineer in Dublin. It's great to hear that you are pleased with the benefits and compensation provided by Munich Re. In a global organization such as ours, adherence to certain procedures is essential for seamless operations. Nonetheless, we are constantly striving to improve and value your feedback highly. Our goal is to offer our employees the best possible working conditions, which encompasses technological advancements. Therefore, please do not hesitate to provide us with additional insights or suggestions you may have. We wish you all the best for your professional future. Warm regards, Munich Re
4.0
Jul 7, 2024
Recommend
CEO approval
Business Outlook

Pros

Very good secondary benefits. Great work/life benefits. Strict processes/organisation, solid employer to work for.

Cons

Base pay and bonus not the best. Extremely hierarchical setup which does not encourage entrepreneurial behaviour.

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Munich Re Response
1y
Dear former employee, Thank you for your feedback regarding your experience as an underwriter in Munich. We are happy to hear that you enjoyed our benefits and work-life balance. We strive to ensure all our employees feel good about working with us. In addition to appreciation through a fair compensation, this also includes the reduction of hierarchical structures. Therefore, we thank you for your feedback on these points, it will help us to continuously improve as an employer. We wish you all the best for your professional future. Warm regards, Munich Re
Viewing 217 - 219 of 886 Reviews

Glassdoor has 1,403 Munich Re reviews submitted anonymously by Munich Re employees. Read employee reviews and ratings on Glassdoor to decide if Munich Re is right for you.