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
4.0
May 10, 2024
Recommend
CEO approval
Business Outlook

Pros

The dynamic team and positive environment within the reinsurance accounting team based in Madrid. Possibilities for new skills, roles and areas for development. Flexibility iro working hours, hybrid working allowed, vacational package and working oportunities in other locations within the group

Cons

If you are looking for vertical growth the possibilities are a bit limited (if you are interested to stay within the Madrid’s office). The salary ranges are a it low compared to the competence

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Munich Re Response
2y
Dear employee, Thank you very much for your evaluation as a Claims Handler Specialist in Madrid. We are delighted that you have been able to make the most of the various services we offer. In order to expand development opportunities and ensure competitive salary structures, we are continuously working on optimizing our internal promotion and remuneration models. We encourage our employees to actively participate in development programmes and continuously improve their skills to achieve their career goals. In addition, we are committed to creating an attractive working environment that offers talented individuals the opportunity to realize their full potential. Please contact your line manager or your local HR team to find out what is best for you. Good to have you with us. Warm regards, Munich Re
5.0
Apr 27, 2024

Very good

Recommend
CEO approval
Business Outlook

Pros

work life balance is good

Cons

slowed paced learning in some teams

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Munich Re Response
2y
Dear colleague, Thank you for your feedback regarding your experience as an Actuarial Analyst in Toronto. We are pleased that our working conditions met your expectations and appreciate your insights regarding the pace of learning. As a global and innovative organization, we strive to establish an efficient learning culture in all departments by offering our employees targeted, needs-based training. Good to have you with us. Warm regards, Munich Re
4.0
Apr 26, 2024

Interview

Recommend
CEO approval
Business Outlook

Pros

Amazing company to work for

Cons

External professional development not offered

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Munich Re Response
2y
Dear former colleague, Thank you for your honest feedback. We are glad to hear that you enjoyed working in our company. We regret we didn’t met your expectations regarding the external training opportunities. We take your feedback seriously and will look into how we can enhance our training offerings to provide even more development opportunities for our employees. Your input is valuable to us, and we appreciate you helping us to continuously improve. We wish you all the best for your professional future. Warm regards, Munich Re
Viewing 244 - 246 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.