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 98 reviews)); "Benefits are good and group look after staff" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 81 reviews)); "Colleagues are friendly" ((in 43 reviews)); "The average salary is good" ((in 32 reviews))

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

"bad leadership and working environment" ((in 13 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Not enough females in senior management" ((in 6 reviews)); "There is no clear career development." ((in 6 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 category

4.3

Work/Life balance

4.1

Culture & values

4.1

Compensation and benefits

4.0

Diversity & inclusion

3.6

Senior management

3.6

Career opportunities

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

889 reviews

3.0

Mar 9, 2025

-

Software engineer working student

Recommend

CEO approval

Business Outlook

Pros

Large company, reputable, good work life balance

Cons

Bad communication from managers. Not helpful

Munich Re Response

1y

Dear Former Colleague, Thank you for taking the time to share your feedback. We’re pleased to hear that you appreciated the work–life balance during your time with us. However, we're sorry to learn that communication from managers did not fully meet your expectations. We truly value your insights as they help us continue to improve our workplace environment and grow as an employer. If you’d like to share more about your experience, please feel free to reach out to us at HR-careers@munichre.com. We wish you all the best in your future career journey! Kind regards, Munich Re

4.0

Mar 8, 2025

N/A

Senior analyst

Recommend

CEO approval

Business Outlook

Pros

Great people, culture, and growth opportunities.

Cons

Archaic operational processes and organizational politics hindering the growth!

Munich Re Response

1y

Dear Colleague, Thank you for sharing your experience as a Senior Analyst. We’re pleased to hear that you had a positive experience overall, especially when it comes to our company culture. At the same time, we appreciate your honesty regarding the operational processes and organizational dynamics that did not fully meet your expectations. Your feedback is invaluable in helping us improve our work environment. If you have any additional insights, please feel free to reach out to us at HR-careers@munichre.com. Kind regards, Munich Re

4.0

Mar 6, 2025

Former Security Shift Supervisor

Security shift supervisor

Recommend

CEO approval

Business Outlook

Pros

- Good benefits - Gold handcuff position in the specific field

Cons

- Mandatory overtime - Long and random hours

Munich Re Response

1y

Dear Former Colleague, Thank you for your feedback. We’re pleased to hear that you had a positive experience working with us, particularly regarding our company values and benefits. At the same time, we understand the importance of a healthy work-life balance and are committed to fostering an environment that supports that. We are sorry that you experienced downsides of this. Please know that we continuously strive to improve as an employer, and we appreciate your perspective on this matter greatly. We wish you all the best in your future career! Kind regards, Munich Re

Viewing 340 - 342 of 889 Reviews

Jobs at Munich Re

Solution Architect Sr.

Customer Success Manager

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Munich Re

Munich Re reviews

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N/A

Former Security Shift Supervisor

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