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.

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

5.0

Sep 10, 2024

Highly Professional Company meeting all Industrial Standards Investing in their Employee

Asme authorized inspector

Recommend

CEO approval

Business Outlook

Pros

Work & Family Life easily balanced Exposed to diverse culture Opportunities to Rise in the Career

Cons

Lot of travelling involved for work but its all paid and reimbursed

Munich Re Response

1y

Dear colleague, Thank you for your thoughtful review! We're pleased to hear that you value the work-life balance, cultural diversity, and career growth opportunities. We understand that frequent travel can be challenging, but it's great to know the reimbursements help ease that aspect. Your suggestion about expanding into other business lines is valuable and will be taken into consideration. Kind regards, Munich Re

4.0

Sep 10, 2024

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Good benefits, pay is ok, hybrid working is good

Cons

Pay not the best in the market

Munich Re Response

1y

Dear colleague, Thank you for sharing your thoughts! We're happy to hear that you're enjoying the benefits and the flexibility of hybrid working. Your feedback regarding compensation is noted, and we always strive to offer a well-rounded package for our team. Kind regards, Munich Re

5.0

Sep 7, 2024

Great culture

Data scientist

Recommend

CEO approval

Business Outlook

Pros

Very nice coworkers, accommodating, good work life balance, interesting work

Cons

Things move a bit slowly

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your experience with us. We're glad to hear you appreciate the supportive team, balanced work environment, and engaging projects. We understand that progress can sometimes be gradual, but we’re actively working on ways to enhance efficiency. Your feedback is valuable, and we're committed to continuous improvement. Kind regards, Munich Re

Viewing 193 - 195 of 888 Reviews

Jobs at Munich Re

Intern Artificial Intelligence (m/f/d)*

München

View job

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

München

View job

Intern Consultant Data Science and AI (m/f/d)*

München

View job

Global Specialist Employee and Travel Security (m/f/d)*

München

View job

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

München

View job

Munich Re

Munich Re reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Highly Professional Company meeting all Industrial Standards Investing in their Employee

Underwriter

Great culture

Jobs at Munich Re

Munich Re reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Company ratings over time

Munich Re reviews FAQs

Jobs at Munich Re