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.

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Munich Re

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

2.0

Apr 9, 2024

Munich Re needs work

Assistant vice president of cyber underwriting

Recommend

CEO approval

Business Outlook

Pros

Eh couldn’t even tell you

Cons

Everyone is so uptight and walks around with something stuck up their buttocks

Munich Re Response

Dear colleague, Thank you for your feedback. We regret that you are dissatisfied with our work culture. We strive to foster a positive and progressive work environment for all of our employees. Therefore, we encourage you to share more information regarding this topic with the responsible HR department to enable us to improve your situation. Warm regards, Munich Re

3.0

Apr 5, 2024

Decent

Market risk analyst

Recommend

CEO approval

Business Outlook

Pros

plenty growth and development opportunities

Cons

work pressure can be greater than usual at times

Munich Re Response

Dear colleague, Thank you for sharing your experience as a Market Risk Analyst in Mumbai. It is essential for us that our employees find a variety of opportunities for their professional and personal development. We are glad you benefit from this. At the same time, we take your feedback on work pressure seriously. By offering elements such as flexible working arrangements and competitive benefits, we aim to minimize the stress of our employees and contribute to their overall wellbeing. Good to have you with us. Warm regards, Munich Re

3.0

Apr 4, 2024

Great benefits, poor culture

Head of hr

Recommend

CEO approval

Business Outlook

Pros

Pay and benefits, great colleagues, financially successful, flexible work

Cons

Poor leadership especially at Board level, not sufficiently international, hierarchical, slow, bureaucratic

Viewing 253 - 255 of 886 Reviews

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