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 106 reviews)); "Great people in the industry" ((in 87 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 30 reviews))

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

"The handful of bad managers can bring down an entire department" ((in 13 reviews)); "bad leadership and working environment" ((in 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "team turnover is extremely high and there is no career development in there." ((in 7 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

(888 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 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

888 reviews

5.0

Nov 20, 2018

IT Trainer

It trainer

Recommend

CEO approval

Business Outlook

Pros

Positive Corporate Culture and Excellent commuincation between US and Munich!

Cons

Software was slow to change over time, but that comes with a large international company!

4.0

Nov 14, 2018

Sr. Underwriter

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

Good work life balance for employees

Cons

Big company with heavy influence from parent in Germany

4.0

Oct 26, 2018

Claims

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Opportunity to work with numerous clients in the individual DI and Life space provides you with an unique perspective on the industry. Company does not work in silos so you have an opportunity to interact with Underwriting, Pricing, Admin, Product.

Cons

Very client focused which is a good thing but at times the company wants to be all things to all people. This had a tendency to make work/life balance challenging.

Viewing 808 - 810 of 888 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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