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 98 reviews)); "Great people to work with" ((in 89 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 51 reviews)); "Good work environment and business model" ((in 26 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)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction)." ((in 9 reviews)); "There is no clear career development." ((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

4.0

Apr 2, 2024

Good

Software engineer

Recommend

CEO approval

Business Outlook

Pros

Good working enviroment and lunches

Cons

Human Resources can be problematic interacting with

Munich Re Response

2y

Dear former employee, Thank you for your feedback regarding your experience as a software engineer at Munich Re. A pleasant working environment with attractive conditions is cruicial to feeling comfortable at work. We attach great importance to ensuring an encouraging corporate atmosphere for all our employees, therefore, we are very pleased that these points meet your expectations. We would also like to address your point about HR. The Human Resources department is not only responsible for managing all personnel-related processes, but also for ensuring there is a contact point for employees' concerns and problems. Therefore, interaction with HR should remain encouraging for all employees. Please do not hesitate to share more details to help us continuously improve as an employer. We wish you all the best for your future. Warm regards, Munich Re

5.0

Mar 27, 2024

MR

Risk analyst

Recommend

CEO approval

Business Outlook

Pros

Great work-life culture Great people in the industry

Cons

Have not encountered anything bad

Munich Re Response

2y

Dear colleague, Thank you for your feedback regarding your experience as a Risk Analyst in London. As we strive to foster a positive working environment for our teams, we value a healthy work-life culture and set high standards in our employee recruitment. We are glad that these points meet your expectations. Please do not hesitate to contact us if you have any further feedback. We are delighted that you are part of our team and appreciate your contribution to our joint success. Warm regards, Munich Re

4.0

Mar 27, 2024

Great company, great people

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Lovely supportive people and a great culture

Cons

None that i can think of

Munich Re Response

2y

Dear former colleague, Thank you for sharing your experience at Munich Re. We aim to create a thriving work environment to ensure that all our employees feel inspired to bring their full self forward and activate their full potential. This includes a fostering a strong corporate culture and team building opportunities. We are therefore delighted that you perceived our culture and team spirit accordingly. Please do not hesitate to contact us if you have any further feedback. We wish you all the best for your future. Warm regards, Munich Re

Viewing 259 - 261 of 888 Reviews

Jobs at Munich Re

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

München

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Intern Artificial Intelligence (m/f/d)*

München

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Customer Success Manager - REALYTIX ZERO (m/f/d)*

München

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International Graduate Trainee - focus on AI Implementation (m/f/d)*

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Internship in Alternative Assets (m/f/d)*

München

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MR

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