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?

"Benefits are good and group look after staff" ((in 102 reviews)); "Great people to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 28 reviews))

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

"long hours and demanding projects" ((in 10 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "There is no clear career development." ((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

(888 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 888 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

888 reviews

2.0

May 25, 2018

Audit and compliance team analyst

Compliance analyst

Recommend

CEO approval

Business Outlook

Pros

Flexible schedule good entry level job

Cons

Low salary not a good place to advance career

4.0

May 22, 2018

Munich Re

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Paternalistic company that is always growing. Competitive salary, benefits package, and opportunity if you're willing to do the work for it.

Cons

Strong culture that moves very slowly. Many employees have long tenure and are uncomfortable with change, making much needed change take that much longer and more uncomfortable.

3.0

May 14, 2018

Good prospect

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Well reputed and big brand name Multi national presence and a lot of opportunities to move around There are a lot of learning opportunities

Cons

Still operating as a bureaucratic organisation and the culture is weak compared to modern organisations. Restructurings has caused a lot of distress and insecurity among employees

Viewing 745 - 747 of 888 Reviews

Jobs at Munich Re

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

München

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Intern Artificial Intelligence (m/f/d)*

München

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Customer Success Manager - REALYTIX ZERO (m/f/d)*

München

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

München

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Physical Security Technology Manager (m/f/d)*

München

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Munich Re

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Audit and compliance team analyst

Munich Re

Good prospect

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