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

4.0

Aug 1, 2024

Great Company to work for

Engineering underwriter

Recommend

CEO approval

Business Outlook

Pros

Great people, great experience and variety of work. Amazing benefits.

Cons

Pay is below market market rates and competitors.

Munich Re Response

1y

Dear colleague, Thank you for your feedback regarding your position as Engineering Underwriter in Manchester. We are thrilled to hear that you are enjoying your experience with us and benefit from what we offer. Showing our appreciation to our employees is a top priority. We aim to achieve this not only through special benefits and pleasant working conditions, but also through a fair, competitive salary. Thank you for sharing your perspective; your feedback is invaluable to us. We are delighted that you are part of our team. Kind regards, Munich Re

4.0

Aug 1, 2024

Best compnay

Data scientist

Recommend

CEO approval

Business Outlook

Pros

Good work life balance and collebrative environment

Cons

Old-fashion technology; NOt easy to get promote

Munich Re Response

1y

Dear former colleague, Thank you for your feedback regarding your experience as a Data Scientist at Syndey. We are delighted to hear you enjoy the work-life balance and working environment. Being an innovative, global organization, we strive to provide our employees with modern technology to achieve the best possible results. We also believe in rewarding our employees generously, ensuring that their achievements are in harmony with their role & compensation. We therefore thank you for your perspective as it helps us to continuously improve as an employer. We are happy that you are part of our Munich Re team. Kind regards, Munich Re

5.0

Jul 26, 2024

Great Company to work for

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

Company spends alot of resources to really understand risk and tailor solutions for insurers and insureds. Good work life balance

Cons

At times feels stagnant from professional growth standpoint

Viewing 208 - 210 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

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