Munich Re reviews

4.1

85% would recommend to a friend

(888 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

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
Jul 15, 2024
Recommend
CEO approval
Business Outlook

Pros

Company is focused on your development and growth. Great work facilities. Very supportive.

Cons

Ability to make a difference is hindered by global governance which is not always relevant to our specific markets.

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Munich Re Response
1y
Dear colleague, Thank you for your feedback regarding your experience at our company. We are delighted to learn that our commitment to fostering growth and development, coupled with our well-equipped work facilities and nurturing environment, resonated positively with you during your tenure with us. We acknowledge your concerns about global governance and are continuously working to improve alignment with local markets. Your feedback is invaluable in this ongoing effort. Warm regards, Munich Re
5.0
Jul 11, 2024
Recommend
CEO approval
Business Outlook

Pros

You learn a lot from constantly being in interaction with seniors.

Cons

The work-life balance is lacking, and the compensation is quite low relative to the workload. Additionally, they consistently expect more from employees, and promotions are very difficult to attain

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Munich Re Response
1y
Dear colleague, We’re glad you value the learning prospects and the interactions with senior members at our organization. We acknowledge your concerns about the work-life balance, compensation, and promotions. Your feedback is very important to us, and we are dedicated to making improvements based on your suggestions. Warm regards, Munich Re
4.0
Jul 8, 2024
Recommend
CEO approval
Business Outlook

Pros

A lot of great benefits , good company to work with, good pay

Cons

HR team can be difficult and stingy to receive pay rises

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Munich Re Response
1y
Dear colleague, Thank you for taking the time to share your experience as a graduate student in London with us. We are pleased to hear that you appreciate the benefits we offer. Regarding your feedback on salary adjustments: we highly value the contribution of all our employees. We are committed to rewarding them fairly based on their performance. This also includes salary increases in case their performance exceeds the current compensation level. Thank you for your feedback on this point, it will help us to continuously improve as an employer. Good to have you with us Kind regards, Munich Re
Viewing 217 - 219 of 888 Reviews

Glassdoor has 1,405 Munich Re reviews submitted anonymously by Munich Re employees. Read employee reviews and ratings on Glassdoor to decide if Munich Re is right for you.