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      Munich Re

      Engaged Employer

      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

      Reviews by job title

      886 reviews
      4.0
      Apr 26, 2024

      Interview

      Risk officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Amazing company to work for

      Cons

      External professional development not offered

      avatar
      Munich Re Response
      2y
      Dear former colleague, Thank you for your honest feedback. We are glad to hear that you enjoyed working in our company. We regret we didn’t met your expectations regarding the external training opportunities. We take your feedback seriously and will look into how we can enhance our training offerings to provide even more development opportunities for our employees. Your input is valuable to us, and we appreciate you helping us to continuously improve. We wish you all the best for your professional future. Warm regards, Munich Re
      1.0
      Apr 22, 2024

      Regressive, Misogynistic Old Boys' Club

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Some truly brilliant, ethical, visionary colleagues who want to take the organisation to the next level. Outstanding technical expertise.

      Cons

      Culture of bullying and silencing women, lack of interest in constructive feedback and diverse viewpoints, lack of strategic alignment, lack of understanding and literacy on modern business and collaborative best practises. Cronyism, secrecy and siloes are the norm and senior leadership seems clueless about what's happening on the ground.

      avatar
      Munich Re Response
      2y
      Dear former colleague, Thank you for sharing your detailed feedback and recommendations with us. We deeply regret that you perceived your work experience at Munich Re as unequal and intransparent. This is absolutely not in line with our values and beliefs. Diversity, equity and inclusion are an integral part of our business strategy and deeply embedded in our culture and business processes, as we strive to ensure equal opportunities for all employees. Among other things, we have therefore set ourselves the goal of increasing the proportion of women in all management positions globally and Group-wide to 40% by the end of 2025 and promoting diversity in our teams through balanced staffing. We would like to encourage you to reach out to the following e-mail address with more details regarding the different challenges and issues: p0060018221@munichre.com. This will help us to continuously develop our processes. We wish you all the best for your professional future. Warm regards, Munich Re
      4.0
      Apr 21, 2024

      Good Company with Caveats

      Learning and development manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Global company with many opportunities for both insurance industry professionals and other business disciplines. Good overall leadership in all regions and a wealth of development opportunities.

      Cons

      Global leadership is often too bureaucratic leading to a lack of innovation at a global level. Local area entities often outpace the global hub in areas of business innovation and employee development.

      avatar
      Munich Re Response
      2y
      Dear colleague, Thank you for your feedback regarding your experience as a Learning and Development Manager in Munich. We are pleased that you are satisfied with the leadership and development opportunities we offer. In large global companies like Munich Re, processes can take longer. We are aware of this and are constantly striving to improve. Good to have you with us. Warm regards, Munich Re
      Viewing 244 - 246 of 886 Reviews
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      ReviewsMunich Re 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.