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 96 reviews)); "Great people outside of dept" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 49 reviews)); "The average salary is good" ((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)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Limited working hours" ((in 8 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

(889 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 889 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 Seguros industry (3.6 stars).

Reviews by job title

889 reviews

4.0

Jun 24, 2025

Stable and supportive

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Stable and flexible working conditions

Cons

Not applicable for this section

Munich Re Response

1y

Dear colleague, Thank you for your positive review and for highlighting the stable and flexible working conditions you’ve experienced at Munich Re. It’s encouraging to hear that our efforts to foster a supportive and adaptable work environment are recognized by our colleagues. We appreciate your contribution and are glad to have you with us. Kind regards, Munich Re

5.0

Jun 20, 2025

Good

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Very good place to work

Cons

Very good place to work many times

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your feedback and for your kind words about Munich Re being a great place to work. Your input is valuable, and we will continue our efforts to ensure a supportive and balanced working environment for all our colleagues. We appreciate your contribution and are glad to have you with us. Kind regards, Munich Re

4.0

Jun 16, 2025

Brilliant place to work

Trading underwriter

Recommend

CEO approval

Business Outlook

Pros

Supportive management and team building

Cons

High turn over of staff in the market

Munich Re Response

1y

Dear colleague, Thank you for your positive feedback about your time with us regarding management and team building. We understand that a high turnover of staff can be a challenge and appreciate your comment, as that gives us further insight into your experience. We are constantly working on creating a comfortable work environment for everybody and your insight helps with that. We are glad to have you with us. Kind regards, Munich Re

Viewing 298 - 300 of 889 Reviews

Jobs at Munich Re

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Munich Re

Munich Re reviews

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Stable and supportive

Good

Brilliant place to work

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