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 109 reviews)); "Great people in the industry" ((in 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 89 reviews)); "Colleagues are friendly" ((in 45 reviews)); "The average salary is good" ((in 30 reviews))

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

"Poor Management and corporate environment" ((in 22 reviews)); "bad leadership and working environment" ((in 12 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "Limited working hours" ((in 8 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

4.0

Feb 27, 2024

Good Place to work

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Big company, lots of opportunity

Cons

A lot of formal processes

Munich Re Response

Dear colleague, Thank you for sharing your perspective with us. We offer our employees a variety of professional development opportunities to enable collaborative growth. We are pleased that we are meeting your expectations in this regard. We are keen on fostering a positive working environment for all employees, therefore we regret any inconvenience caused by formal procedures. Please do not hesitate to share your recommendations in this regard, so that we can continue to improve. Thank you for being part of our team. We appreciate your contributions to our mutual success. Warm regards, The Munich Re HR Team

5.0

Feb 26, 2024

Company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Friendly tip for you guys

Cons

The only way I could do that was if you wanted me too

1.0

Feb 22, 2024

Poor company, poor culture, poor management, toxic

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Free lunches and free snacks

Cons

Poor leadership, toxic environment, bad work life balance, not helpful and do not care about employees. Avoid like the plague.

Munich Re Response

Dear colleague, Thank you very much for your feedback. We are sorry to hear that you have had an unpleasant experience with our leadership and were dissatisfied with your work-life-balance. Our goal is to ensure a healthy and supportive working environment with a well-balanced work-life ratio. We would like to encourage you to reach out to your people leader to improve your current situation. Feel free to reach out to us with further recommendations and ideas. Yours sincerely, The Munich Re HR Team

Viewing 274 - 276 of 886 Reviews

Jobs at Munich Re

Intern Artificial Intelligence (m/f/d)*

München

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

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Intern Consultant Data Science and AI (m/f/d)*

München

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

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Munich Re Service GmbH - Risk Analytics Consultant (m/f/d)*

München

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