Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.1 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?

"Benefits are good and group look after staff" ((in 99 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Great people in the industry" ((in 85 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 29 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 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)); "team turnover is extremely high and there is no career development in there." ((in 7 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

4.1

85% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.1

Compensation and benefits

4.0

Diversity & inclusion

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

Jul 2, 2024

Good place to work

Senior applications developer

Recommend

CEO approval

Business Outlook

Pros

- nice pace of work - good managers

Cons

- lots of procedures to be followed

Munich Re Response

Dear colleague, Thank you for your feedback regarding your experience as a Senior Applications Developer in London. It's great to hear that you feel satisfied with the pace of work and the managers. In global organizations like Munich Re, sometimes certain procedures need to be followed to ensure smooth processes. However, as we are constantly striving to improve and take your feedback seriously. Please do not hesitate to share more information with us. Thank you for your contribution. We are happy that you are part of our Munich Re team. Kind regards, Munich Re

2.0

Jun 26, 2024

Corporate

Hr associate

Recommend

CEO approval

Business Outlook

Pros

benefits company campus/location global great opportunity

Cons

managers are not great confusion of company overall since it is so big very slow to get things done

Munich Re Response

Dear former colleague, Thank you for sharing your experience working as an HR Associate in Princeton. We are pleased that you enjoyed our company benefits. However, we do regret the negative experiences you have had at manager level. Respectful and supportive behavior at all levels is particularly important to us. Please do not hesitate to send us more details. Your feedback will help us to follow up on this and avoid experiences like this in the future. Warm regards, Munich Re

5.0

Jun 21, 2024

Amazing Company

Claims

Recommend

CEO approval

Business Outlook

Pros

Great benefits & great people

Cons

None that I can think of

Munich Re Response

Dear colleague, We appreciate you sharing your positive experience with us. We are thrilled to hear that you value the overall benefits of working with us. We are delighted that you have been with us for so many years and that you are making a great contribution to driving Munich Re forward Warm regards, Munich Re

Viewing 226 - 228 of 886 Reviews

Jobs at Munich Re

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Physical Security Technology Manager (m/f/d)*

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

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