Munich Re reviews

4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

83% positive business outlook

Munich Re has an employee rating of 4.1 out of 5 stars, based on 885 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

885 reviews
5.0
Sep 24, 2025

Excellent employer

Recommend
CEO approval
Business Outlook

Pros

Munich Re offers an excellent working environment with supportive colleagues, strong leadership, and a culture that values innovation and professional growth. The company provides great opportunities to work on meaningful global projects, particularly in emerging areas like climate and digital risks. Work-life balance is well respected, and the benefits are highly competitive. A truly stable, forward-thinking employer that invests in both its people and the future of the industry.

Cons

Some processes can feel slow and overly complex, which may delay decision-making. However, this also reflects the company’s commitment to thoroughness, and there’s room to streamline for greater efficiency.

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Munich Re Response
8mo
Dear former colleague, Thank you for your thoughtful review and for sharing your experience with us. We are delighted to hear that you valued the working environment, leadership, and opportunities for professional growth at Munich Re. It is rewarding to know that you highlight our culture of innovation and meaningful global projects as key strengths. We also take note of your comments regarding complex processes and decision-making. Feedback like yours is very valuable, as it helps us identify where we can become more efficient while maintaining our standards of quality and thoroughness. We truly appreciate your more than 10 years of commitment and the contributions you made to Munich Re, and we wish you all the best for the future. Kind regards, Munich Re
4.0
Sep 14, 2025

Excellent work-life balance

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Munich Re is renowned for its superb work-life balance, a highly valued benefit. This corporate culture is a significant draw for potential hires.

Cons

However, it's important to have realistic expectations regarding compensation. There are no performance-based bonuses, and the budget for salary increases is just 0.5% per year. Therefore, your initial salary negotiation is the most critical factor in determining your long-term earnings, as even top-level individual performance does not result in meaningful financial reward.

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Munich Re Response
8mo
Dear colleague, Thank you for your thoughtful review and for sharing your experience with us. We are delighted to hear that you value the corporate culture and work-life balance that Munich Re provides. We also take note of your concerns regarding compensation and salary progression. Please know that we take your input seriously. Feedback like yours is important, as it helps us understand how we can further improve as an employer and create an environment that benefits all employees in the long-term. If you want to share more details, feel free to reach out to your designated HR-Business-Partner at your convenience. We appreciate your commitment of more than 10 years and are grateful for the contributions you have made to our company. Kind regards, Munich Re
5.0
Aug 30, 2025

Good company

Recommend
CEO approval
Business Outlook

Pros

Smart people, good culture, nice office

Cons

Not any major cons. Mainly a good solid company

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Munich Re Response
9mo
Dear colleague, Thank you for sharing your feedback. We are grateful to hear that you value our culture, people, and workplace environment. It is rewarding to know that our employee policies and approach are well received, especially by employees that have been with us for a considerate amount of time, and we truly appreciate your positive outlook and support. We’re grateful for your dedication and thank you for being a part of our team! Kind regards, Munich Re
Viewing 25 - 27 of 885 Reviews

Glassdoor has 1,401 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.