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 94 reviews)); "Great people in the industry" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 32 reviews)); "Good work environment and business model" ((in 23 reviews))

What are the cons of working at Munich Re according to real employee 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 11 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 9 reviews)); "team turnover is extremely high and there is no career development in there." ((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.

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 demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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

5.0

Jan 24, 2024

Best place to work

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Employee friendly, good work environment, friendly seniors

Cons

Reaching BKC, high pressure business

Munich Re Response

2y

Dear colleague, Thank you for taking the time to leave a review. While we truly appreciate you listing some great benefits of working for us Munich Re, we would also like to address the concerns you mentioned. The well-being of our employees is our highest priority, this includes not only their physical but also their mental health. For this reason, we take your opinion feedback regarding our working atmosphere very seriously. If you would like to elaborate on your points or have any recommendations, please let us know. Yours sincerely, The Munich Re HR Team

4.0

Jan 24, 2024

Great place

Technical accountant

Recommend

CEO approval

Business Outlook

Pros

Great atmosphere, top management have an open door policy and are very friendly.

Cons

none that I can think off

Munich Re Response

2y

Dear former colleague, Thank you very much for this great evaluation of Munich Re as an employer. We see a positive work environment and transparent communication at eye level as crucial for the well-being of our employees. We are therefore happy that you were satisfied with the working atmosphere and the open door policy of our top management. We wish you all the best for your future. Yours sincerely, The Munich Re HR Team

5.0

Jan 24, 2024

Best company to work for

Senior it risk officer

Recommend

CEO approval

Business Outlook

Pros

Work-life balance, Good compensation package

Cons

Lots of bureaucracy and hierarchy

Munich Re Response

2y

Dear employee, We really appreciate you taking the time to evaluate us as your employer. We are grateful that you rate your current experience with us as positive. We continuously strive to provide a work environment that aligns with the needs and preferences of our employees. A healthy work-life balance is also very important to us. We take your points regarding bureaucracy and hierarchical structures very seriously and are initiating measures to improve in this regard. If you have any specific suggestions that you would like to share with us, please do not hesitate to contact us. We are happy to have you with us. Yours sincerely, The Munich Re HR Team

Viewing 286 - 288 of 886 Reviews

Jobs at Munich Re

Intern Artificial Intelligence (m/f/d)*

München

View job

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

München

View job

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

München

View job

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

München

View job

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

München

View job

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