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.

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

3.0

May 17, 2024

Silenced

Anonymous

Recommend

CEO approval

Business Outlook

Pros

Good benefits like health insurance and 750 euro wellness benefit

Cons

Unforgiving management I meant really bad. Irrelevant to your performance, you may experience bullying Opportunities within the company are not given fairly. So don't be surprised with unfair treatment. Office politics to extreme Information and resources required to do your job within the company is hard to get and except blockers There is no freedom to express your opinions, taking risks or room for creativity. If you want to be in good graces, do what you are told. Period.

Munich Re Response

2y

Dear colleague, Thank you for your feedback regarding your experience in Dublin. We strive to foster a positive working environment for every employee. This includes aspects like appreciation, equal opportunities and active participation. Therefore, we deeply regret you perceive your work experience with us in a different way. We kindly encourage you to provide us with more detailed information about your situation via the following e-mail address: p0060018221@munichre.com This will help us to understand the circumstances in more detail and improve your situation. Warm regards, Munich Re

5.0

May 16, 2024

Good work life balance

Auditor

Recommend

CEO approval

Business Outlook

Pros

Good people, company treats you as human

Cons

Not a huge amount of room for growth

Munich Re Response

2y

Dear colleague, Thank you for your feedback regarding your experience as an Auditor in London. We are pleased to hear that you feel valued in your position. For us, appreciation also includes enabling our employees to develop and grow. To achieve this goal, we offer a variety of development opportunities and mentoring programs. We would like to encourage you to take advantage of these programs. Good to have you with us. Warm regards, Munich Re

5.0

May 16, 2024

Great company

Bdx (specialist)

Recommend

CEO approval

Business Outlook

Pros

Friendly, organised and ambitious colleagues and managers. Very interconnected and social workplace.

Cons

No cons to write about

Munich Re Response

2y

Dear colleague, Thank you for sharing your feedback regarding your experience as a BDX Specialist in London. We are happy to hear that you are satisfied with your workplace. We are delighted that you are part of our team and appreciate your contribution to our joint success. Warm regards, Munich Re

Viewing 238 - 240 of 886 Reviews

Jobs at Munich Re

Strategic HR Business Partner (m/f/d)*

München

View job

Consultant Corporate Learning (m/f/d)*

München

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Global Specialist Employee and Travel Security (m/f/d)*

München

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

München

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

München

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Munich Re

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Silenced

Good work life balance

Great company

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