Munich Re reviews

4.1

85% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

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).

Reviews by job title

886 reviews
3.0
Feb 5, 2024
Recommend
CEO approval
Business Outlook

Pros

Nice work place with helpful people

Cons

To munch hours on a weekends

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Munich Re Response
2y
Dear former employee, Thank you for taking the time to review your position in Logistics in Munich. A positive work environment is essential to us, therefore we are glad that you appreciated your workplace and your colleagues. At the same time, we are sorry to hear that you were dissatisfied with the work-life balance. The well-being of our employees is particularly important to us, this includes a healthy balance between work and leisure time. We are constantly working to improve ourselves. If you would like to explain your points in more detail or have any recommendations, please let us know. Yours sincerely, The Munich Re HR Team
4.0
Jan 29, 2024

Siloed Conglomerate

Recommend
CEO approval
Business Outlook

Pros

Great Financials, flexible schedule, great W/L balance

Cons

Very siloed, different oarts if org moving in different directions.

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Munich Re Response
2y
Dear employee, We really appreciate you taking the time to describe your experience with us. We want to show our employees the appreciation they deserve by paying them fairly and ensuring a good work-life balance. We are pleased that you feel that this is an advantage. Thank you for your feedback regarding the development of the various departments, we take your opinion on this very seriously. If you have any specific suggestions or would like to share further details with us, please do not hesitate to contact us. Yours sincerely, The Munich Re HR Team
2.0
Jan 29, 2024

Big company with big issues

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

This is a well-established company which provides a sense of stability. Employees almost always get the annual bonus.

Cons

The management fosters a toxic work environment. Poor vision and bad strategic decisions take their toll on the employees.

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Munich Re Response
2y
Dear former employee, Thank you for taking the time to rate your experience with us. It is important to us to show our appreciation to our employees. This is why we offer competitive salaries, an attractive working environment and, if condiditons are met, an additional bonus payment. It is essential for us to foster a positive working environment for all employees, especially from a management perspective. If you have any specific suggestions in this regard that you would like to share with us, please do not hesitate to contact us. Yours sincerely, The Munich Re HR Team
Viewing 283 - 285 of 886 Reviews

Glassdoor has 1,403 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.