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

5.0

Apr 18, 2024

Great Employer with great benefits

Consultant (hr)

Recommend

CEO approval

Business Outlook

Pros

great benefits, many internal development opportunities, expert driven, flexible working hours

Cons

at times slow paced, conservative

Munich Re Response

2y

Dear colleague, Thank you for taking the time to share your feedback regarding your experience as an HR Consultant in Munich. We are delighted that aspects such as our development opportunities and benefits meet your expectations. In large global companies like Munich Re, processes can take longer. We are aware of that and aim to constantly improve by implementing agile processes and working structures. Good to have you with us. Warm regards, Munich Re"

5.0

Apr 17, 2024

Top Notch Company

Broker relationship leader

Recommend

CEO approval

Business Outlook

Pros

Extremely well-managed with excellent senior leadership. I've been with the organization for 13+ years, and have great pride in working for a very prestigious company. Compensation, benefits, culture are all excellent. I highly recommend Munich Re for anyone pursuing a career in insurance.

Cons

For me there are no cons. Obviously, we all experience challenges that we must overcome, but those are opportunities for growth.

Munich Re Response

2y

Dear colleague, Thank you for taking the time to share your feedback regarding your experience as a Broker Relationship Leader in Princeton. We are delighted that our leadership, compensation, benefits and work culture meet your expectations. We value excellent management, a competitive salary and attractive benefits to foster a positive and supportive work atmosphere for our employees. Therefore, we are happy to hear that you perceive your workplace in this way. We are grateful for your dedication and commitment for over 13 years. Warm regards, Munich Re

4.0

Apr 12, 2024

Good benefits and great culture

Technical accountant

Recommend

CEO approval

Business Outlook

Pros

Great benefits and work life balance

Cons

Nothing that I can think of. Everything felt good.

Munich Re Response

2y

Dear colleague, Thank you for your positive feedback. As we strive to foster a pleasant working environment for our employees, we offer attractive working conditions such as competitive benefits and a healthy work-life balance. We are happy that you experience your workplace accordingly. Good to have you with us. Warm regards, Munich Re

Viewing 247 - 249 of 886 Reviews

Jobs at Munich Re

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

München

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

München

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

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

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Reserving Actuary Non-life - IFRS17 (m/w/d)*

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Munich Re

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Great Employer with great benefits

Top Notch Company

Good benefits and great culture

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