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?

"Benefits are good and group look after staff" ((in 98 reviews)); "Great people in the industry" ((in 97 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 77 reviews)); "Colleagues are friendly" ((in 53 reviews)); "Good work environment." ((in 25 reviews))

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

"Poor Management and corporate environment" ((in 20 reviews)); "Office politics can be overwhelming" ((in 11 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 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "There is no clear career development." ((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.

Munich Re 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

5.0

Jan 18, 2026

Great Company

Reinsurance underwriter

Recommend

CEO approval

Business Outlook

Pros

excellent global reputation and offers strong job security. Very professional, knowledgeable colleagues and a generally respectful working culture. Good work-life balance with flexible options.

Cons

Large organsation with quite a bit of bureaucracy

Munich Re Response

4mo

Dear colleague, Thank you for your positive feedback. We are pleased that you experience Munich Re as a good employer with professional team members and a respectful, well-balanced work culture. These aspects are very important to us, as we continuously strive to improve and to create a supportive and comfortable environment for all employees. At the same time, we recognize that the size of our organization can result in longer processes. Your feedback helps us identify areas where we can further improve. We are glad to have you as part of our team. Kind regards, Munich Re

4.0

Nov 13, 2025

Good

Analyst

Recommend

CEO approval

Business Outlook

Pros

Straightforward questions good attitude shown by interviewer

Cons

it went well my answers were also answered at the end

Munich Re Response

6mo

Dear colleague, Thank you for giving feedback on your application process. We are glad to know that everything went well and you viewed the questions as straightforward. We are glad to have you on our team and wish you continued success. Kind regards, Munich Re

4.0

Nov 1, 2025

Good

Intern

Recommend

CEO approval

Business Outlook

Pros

Working with highly experienced professionals.

Cons

Stress and a large amount of work

Munich Re Response

7mo

Dear former colleague, Thank you for taking the time to share your feedback with us. We’re pleased to hear that you valued working alongside highly experienced professionals during your internship at Munich Re. We also take note of your comment regarding workload and stress. Feedback like yours is important and helps us in continuing to define how we support our teams and interns in balancing learning opportunities with manageable expectations. If you want to share more about your experience, feel free to reach out to us via mail at your convenience: HR-careers@munichre.com. We wish you all the best in your future career. Kind regards, Munich Re

Viewing 22 - 24 of 885 Reviews

Jobs at Munich Re

Munich Re Service GmbH - Junior Product Manager - Insurance (m/f/d)*

München

View job

Praktikum für den Bereich Eventmanagement (m/w/d)*

München

View job

Consultant Corporate Learning (m/f/d)*

München

View job

Intern Climate Advisory and Analytics (m/f/d)*

München

View job

Berlin - Kaufleute (m/w/d) für Versicherungen und Finanzanlagen im Innendienst zum 15. August 2026

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Great Company

Good

Good

Jobs at Munich Re

Munich Re reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Munich Re reviews FAQs

Jobs at Munich Re