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?

"Great people outside of dept" ((in 94 reviews)); "Benefits are good and group look after staff" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 51 reviews)); "The average salary is good" ((in 29 reviews))

What are the cons of working at Munich Re according to real employee reviews?

"bad leadership and working environment" ((in 11 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Slow career progression, and there is no formal performance review" ((in 8 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

(889 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (889 reviews)

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

May 27, 2025

Reinsurance actuary / senior structurer role

Senior structurer

Recommend

CEO approval

Business Outlook

Pros

Large organisation, lots of talented people

Cons

Not the most nimble due to large size

Munich Re Response

1y

Dear colleague, Thank you for taking the time to leave feedback regarding your time with us so far. We are happy to know that you value the talented employees that you work with. At the same time, we understand that processes can take longer due to the size of the company. As an employer, we are working on constantly improving and growing to create a positive work environment for everyone. Feel free to share more details about your experiences with your designated HR Business Partner at your convenience, as it helps us to identify further areas of improvement. Kind regards, Munich Re

4.0

May 26, 2025

Flexible with good benefits

Hr

Recommend

CEO approval

Business Outlook

Pros

Flexibility (hybrid working), good work-life balance, good benefits

Cons

Some may find the pace to be slower

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your feedback. We’re glad to hear you appreciate the flexibility, work-life balance, and benefits at Munich Re. We understand that the pace may not suit everyone, and we value your perspective as it helps us continue enhancing the overall work experience. Kind regards, Munich Re

5.0

May 25, 2025

Good company to work at

Senior actuarial associate

Recommend

CEO approval

Business Outlook

Pros

Good pay and good benefits

Cons

Long hours sometimes, but not always

Munich Re Response

1y

Dear colleague, Thank you for your positive feedback. We’re pleased to know that you value the pay and benefits at Munich Re. We also acknowledge your comment regarding working hours. Your input is important in our ongoing commitment to improving the work environment. Kind regards, Munich Re

Viewing 310 - 312 of 889 Reviews

Jobs at Munich Re

Digital Learning Strategist - SuccessFactors Learning Strategy & Technology

Parametric Structuring Analyst

Customer Success Manager

Distribution and Sales Analyst

Munich Re

Munich Re reviews

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Reinsurance actuary / senior structurer role

Flexible with good benefits

Good company to work at

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