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 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

(887 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 887 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

887 reviews

5.0

Oct 1, 2024

Great employer

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Strong brand and training support

Cons

tough hours, would appreciate greater flexibility

Munich Re Response

Dear colleague, Thank you for taking the time to share your experience with us. We’re delighted to hear that you value our strong brand and the training support we provide. We also acknowledge your concerns about the tough hours and understand the importance of flexibility. Please know that we are always looking for ways to enhance the employee experience. Your feedback is invaluable, and we’re committed to making continuous improvements. Kind regards, Munich Re

4.0

Sep 27, 2024

Review

Administrative assistant

Recommend

CEO approval

Business Outlook

Pros

Nice office location, good perks

Cons

Long working hours and little feedback

Munich Re Response

Dear former colleague, Thank you for taking the time to share your experience with us. We're pleased to hear that you appreciate our office location and the perks we offer. We also acknowledge your concerns regarding long working hours and the need for more feedback. Your feedback is very valuable to us, and we are committed to addressing these points as we continue to improve the working environment for all our employees. Kind regards, Munich Re

5.0

Sep 26, 2024

Friendly Enviornment

Data engineer

Recommend

CEO approval

Business Outlook

Pros

Upper-level people are super nice and easy to reach out to. Great Work-Life Balance and benefits

Cons

No cons from my end. Or didnt find out

Munich Re Response

Dear former colleague, Thank you for taking the time to share your experience with us. We’re delighted to hear that you appreciate the accessibility of upper-level management, the work-life balance, and the benefits we offer. Your positive feedback is truly appreciated, and we wish you all the best in your future endeavors. Kind regards, Munich Re

Viewing 181 - 183 of 887 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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