Munich Re reviews

4.1

85% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

82% 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
5.0
May 14, 2024
Recommend
CEO approval
Business Outlook

Pros

Cares about employees and has various growth opportunities

Cons

Not always best salary / bonus structure

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Munich Re Response
2y
Dear colleague, Thank you for taking the time to share your feedback regarding your experience as a Treaty Reinsurance Underwriter with us. We are pleased that you appreciate our development opportunities and experience first hand how deeply we care about our employees. At the same time, we would also like to address your feedback regarding the salary. We believe it is important to compensate our employees appropriately to show appreciation for their skills and the time they dedicate to the company. We therefore thank you for your perspective, which will help us to continuously improve as an employer. Good to have you with us. Best regards, Munich Re
4.0
May 10, 2024
Recommend
CEO approval
Business Outlook

Pros

The dynamic team and positive environment within the reinsurance accounting team based in Madrid. Possibilities for new skills, roles and areas for development. Flexibility iro working hours, hybrid working allowed, vacational package and working oportunities in other locations within the group

Cons

If you are looking for vertical growth the possibilities are a bit limited (if you are interested to stay within the Madrid’s office). The salary ranges are a it low compared to the competence

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Munich Re Response
2y
Dear employee, Thank you very much for your evaluation as a Claims Handler Specialist in Madrid. We are delighted that you have been able to make the most of the various services we offer. In order to expand development opportunities and ensure competitive salary structures, we are continuously working on optimizing our internal promotion and remuneration models. We encourage our employees to actively participate in development programmes and continuously improve their skills to achieve their career goals. In addition, we are committed to creating an attractive working environment that offers talented individuals the opportunity to realize their full potential. Please contact your line manager or your local HR team to find out what is best for you. Good to have you with us. Warm regards, Munich Re
5.0
Apr 27, 2024

Very good

Recommend
CEO approval
Business Outlook

Pros

work life balance is good

Cons

slowed paced learning in some teams

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Munich Re Response
2y
Dear colleague, Thank you for your feedback regarding your experience as an Actuarial Analyst in Toronto. We are pleased that our working conditions met your expectations and appreciate your insights regarding the pace of learning. As a global and innovative organization, we strive to establish an efficient learning culture in all departments by offering our employees targeted, needs-based training. Good to have you with us. Warm regards, Munich Re
Viewing 241 - 243 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.