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 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

5.0

Jan 22, 2024

Very good

Actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

hybird, full of support, and global leading environment

Cons

Nothing I could think of

Munich Re Response

2y

Dear employee, We appreciate you taking the time to share your experience with us. We are very happy to see that you are satisfied with us as an employer. In order to encourage our employees achieve their professional goals, it is important to us to provide them with the best possible support, for example by providing benefits such as hybrid working, corporate benefits and flexbile working hours. Thank you for being aware of our efforts. We are delighted to have you with us. Yours sincerely, The Munich Re HR Team

4.0

Jan 17, 2024

great super innovation

Senior product manager

Recommend

CEO approval

Business Outlook

Pros

a lot of innovation going on, we innovate the innovation

Cons

dont really know, innovation is the best

Munich Re Response

2y

Dear employee, Thank you very much for your positive feedback. We are very pleased to see that you are happy with your current position as Senior Product Manager within our company. To be a successful part of the current global market, it is important for us to drive innovation. It is great to have you with us on this journey, we really appreciate your support. Yours sincerely, The Munich Re HR Team

4.0

Jan 16, 2024

nan

Actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

many reasons , the salary is the largest one.

Cons

high pressure and demands, that is all

Munich Re Response

2y

Dear employee, Thank you for taking the time to review your position as Actuarial Analyst in Singapore. We are delighted that you are satisfied with us as an employer. You mentioned your salary as one of the reasons for your satisfaction. It is important to us that our employees feel fairly compensated for their efforts. However, we also take your criticism regarding the pressure and demands very seriously. If you have specific suggestions in this regard that you would like to share, please don´t hesitate to reach out to us. We are happy that you are part of our organization. Yours sincerely, The Munich Re HR Team

Viewing 289 - 291 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)*

München

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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)*

München

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

München

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Munich Re

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Very good

great super innovation

nan

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