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 95 reviews)); "Great people outside of dept" ((in 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 83 reviews)); "Colleagues are friendly" ((in 49 reviews)); "The average salary is good" ((in 27 reviews))

What are the cons of working at Munich Re according to real employee reviews?

"Office politics can be overwhelming" ((in 11 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 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "There is no clear career development." ((in 6 reviews)); "Not enough females in senior management" ((in 5 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

4.0

Mar 18, 2024

Great Company

Data analytics

Recommend

CEO approval

Business Outlook

Pros

Good People and Work and Life Balance

Cons

A lot of politics. Not easy to grow!

Munich Re Response

2y

Dear colleague, Thank you for reviewing your experience as a Data Analyst in Princeton. Team spirit and a healthy work-life balance are two key factors to feel satisfied at work - we therefore attach great importance to team events, flexible working hours and home office options and are pleased that these points meet your expectations. We are aware that internal political hurdles that come with large organizations like Munich Re can be challenging. Therefore, we aim to foster a positive working environment in which our employees can develop and grow regardless of these conditions. We take your feedback very seriously and encourage you to reach out to your local HR team for more detailed information. Good to have you with us. Warm regards, Munich Re

5.0

Mar 18, 2024

Very good place to work

Accountant

Recommend

CEO approval

Business Outlook

Pros

Open and flat culture with good work life balance

Cons

Not many cons at the moment

Munich Re Response

2y

Dear colleague, Thank you for taking the time to review your experience as an accountant in Singapore. To ensure that our employees feel satisfied at work, we strive to maintain an open corporate culture and a healthy work-life balance. Measures to achieve this goal include supporting families, health management and development programs. We are happy that you perceive our culture accordingly. We are delighted that you are part of our team and appreciate your contribution to our joint success. Warm regards, Munich Re

5.0

Mar 13, 2024

Balance

It auditor

Recommend

CEO approval

Business Outlook

Pros

Hybrid, culture, diverse, global, travels, parking available in some locations, excellent wellness facilities.

Cons

Paid lunch, No free lunch.

Munich Re Response

2y

Dear colleague, Thank you for sharing your positive feedback as an IT auditor in Princeton. We are very pleased to hear that you are enjoying your work at Munich Re. As a modern employer, we strive to foster a diverse work culture with flexible working arrangements and opportunities for personalized healthcare offers. We are pleased that you can take advantage of these offers. If you have any further feedback, please do not hesitate to reach out. Thank you for being a part of Munich Re. Warm regards, The Munich Re HR Team

Viewing 265 - 267 of 886 Reviews

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Munich Re

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