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
3.0
Jul 8, 2024
Recommend
CEO approval
Business Outlook

Pros

Benefits and salary are very competitive

Cons

A lot of beurauchracy. Slow code changes and tech outdated.

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Munich Re Response
1y
Dear former colleague, Thank you for your feedback regarding your experience as a Software Engineer in Dublin. It's great to hear that you are pleased with the benefits and compensation provided by Munich Re. In a global organization such as ours, adherence to certain procedures is essential for seamless operations. Nonetheless, we are constantly striving to improve and value your feedback highly. Our goal is to offer our employees the best possible working conditions, which encompasses technological advancements. Therefore, please do not hesitate to provide us with additional insights or suggestions you may have. We wish you all the best for your professional future. Warm regards, Munich Re
4.0
Jul 7, 2024
Recommend
CEO approval
Business Outlook

Pros

Very good secondary benefits. Great work/life benefits. Strict processes/organisation, solid employer to work for.

Cons

Base pay and bonus not the best. Extremely hierarchical setup which does not encourage entrepreneurial behaviour.

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Munich Re Response
1y
Dear former employee, Thank you for your feedback regarding your experience as an underwriter in Munich. We are happy to hear that you enjoyed our benefits and work-life balance. We strive to ensure all our employees feel good about working with us. In addition to appreciation through a fair compensation, this also includes the reduction of hierarchical structures. Therefore, we thank you for your feedback on these points, it will help us to continuously improve as an employer. We wish you all the best for your professional future. Warm regards, Munich Re
2.0
Jul 5, 2024
Recommend
CEO approval
Business Outlook

Pros

hybrid work, nice office, good benefits

Cons

disorganized, the IT department is run by a bunch of offshore externals as a consequence no one knows anything. The pay is laughable.

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Munich Re Response
1y
Dear colleague, Thank you for your feedback regarding your experience as Applications Developer in Toronto. We strive to foster a positive working environment for every employee, and we are pleased to hear that you appreciated the benefits we offer. We deeply regret that you had concerns about the organization, the IT department, and the compensation. We understand the importance of having a well-structured team and fair pay. We kindly encourage you to provide us with more detailed information about your situation via the following email address: p0060018221@munichre.com This will help us understand the circumstances in more detail and work towards enhancing them. Warm regards, Munich Re
Viewing 220 - 222 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.