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 (11) , Technical Accountant (10)

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

"Great people to work with" ((in 96 reviews)); "Benefits are good and group look after staff" ((in 94 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 83 reviews)); "Colleagues are friendly" ((in 56 reviews)); "The average salary is good" ((in 27 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)); "There is no clear career development." ((in 7 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.

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Munich Re

Munich Re reviews

4.1

85% would recommend to a friend

(890 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 890 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

890 reviews

5.0

May 19, 2022

Pretty good

Catastrophe risk analyst

Recommend

CEO approval

Business Outlook

Pros

Not expected to work long hours Gifts and parties Free lunch and snacks Hybrid working Flexibility

Cons

Different departments fairly separate Don’t know everyone due to hybrid working

5.0

May 16, 2022

Not applicable

Actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

Awesome company to work for.

Cons

It has a flat company structure.

5.0

May 14, 2022

Great work environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Collaboration, recognitions, transparency and good outlook.

Cons

Hard to have many days off consecutively due to the nature of responsibility.

Viewing 667 - 669 of 890 Reviews

Jobs at Munich Re

Intern Artificial Intelligence (m/f/d)*

München

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International Graduate Trainee - focus on mathematics/actuarial science (m/f/d)*

München

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Intern Operations & Process Automation - Credit Underwriting (m/f/d)*

München

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International Graduate Trainee - focus on business administration / economics (m/f/d)*

München

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International Graduate Trainee - focus on AI Implementation (m/f/d)*

München

View job