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 97 reviews)); "Great people outside of dept" ((in 93 reviews)); "Great work life balance" ((in 83 reviews)); "Colleagues are friendly" ((in 43 reviews)); "Good pay and work" ((in 28 reviews))

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

"The handful of bad managers can bring down an entire department" ((in 12 reviews)); "long hours and demanding projects" ((in 10 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 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

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

Jun 8, 2024

Overall pleasant

Machine learning engineer

Recommend

CEO approval

Business Outlook

Pros

Good tech stack, great exposure to new technologies

Cons

A bit slow moving at times

Munich Re Response

Dear colleague, We appreciate you taking the time to provide your feedback on your experience as Machine Learning Engineer in Toronto. It's great to hear that you value our tech stack and the exposure to new technologies. Regarding your observation about the pace sometimes, we are continually looking for ways to streamline our processes and improve efficiency. We are delighted to have you on our team. Warm regards, Munich Re

5.0

Jun 6, 2024

Great Company

It risk technical specialist

Recommend

CEO approval

Business Outlook

Pros

Benefits, salary, culture, global company.

Cons

I've yet to experience any cons.

Munich Re Response

Dear colleague, Thank you for sharing your positive experience as an IT Risk Technical Specialist in Cincinnati. We are delighted to hear that you appreciate the overall benefits of working with us. Thank you for your positive contribution and for being a part of our team. Warm regards, Munich Re

5.0

Jun 4, 2024

Great culture

Director

Recommend

CEO approval

Business Outlook

Pros

Good work life balance, and opportunity to put in additional effort that is recognized.

Cons

Not really anything. It’s a very well rounded place to be.

Munich Re Response

Dear colleague, Thank you for taking the time to share your feedback regarding your experience as a Director in Toronto. We are happy to hear that we are fostering a space where you feel comfortable and valued for your work. Thank you for your contribution to our joint success. Warm regards, Munich Re

Viewing 232 - 234 of 886 Reviews

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