Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 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?

84% 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 (10) , 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 103 reviews)); "Great people to work with" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "Good pay and work" ((in 27 reviews))

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

"Poor Management and corporate environment" ((in 21 reviews)); "The handful of bad managers can bring down an entire department" ((in 13 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 11 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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.

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Munich Re

Munich Re reviews

4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

84% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

3.6

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.1 out of 5 stars, based on 885 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

885 reviews

2.0

Oct 17, 2018

Outsourcing and Agism

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

This is a good company to gain initial experience and a foot in the door within the industry. There are a few good managers.

Cons

Long term job stability is not solid. Experience gained does not equate to promotional opportunities.

4.0

Sep 12, 2017

Great company, but not perfect

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

There's potential for growth and opportunities for leadership if you seek it out (although current transitional changes in structure may somewhat limit this for the next few years). There are lots of tools in place for network collaboration, including the potential to tap into expert resources. There are many training resources available, and strong support for studying and passing exams. Very friendly atmosphere, good work-life balance. Close-knit student actuarial group. The company has a good focus on giving back to the community. There are frequent opportunities for service projects, both on a team level and company level. Also, I feel the experience gained in a reinsurance company provides unique and valuable perspective not necessarily found working for a direct insurance company.

Cons

Depending on the department, on-boarding processes for getting new employees up to speed can be somewhat limited. Many of the networking and training resources available are under-utilized. Upper management decisions could be more transparent. There's a current organizational shift, and it seems that there was a decision made to choose a smaller amount work disruption instead of more clarity and transparency about the shift. To be fair, there was at least some attempt to provide answers to questions, though the attempt arguable fell short.

3.0

Mar 9, 2016

Receptionist

Recommend

CEO approval

Business Outlook

Pros

Good benefits and pay is reasonable for the job involved. Politics level is around a 5/10, but manageable.

Cons

HR is not as objective and there are alot of duties being pushed around between HR and GA.

Viewing 37 - 39 of 885 Reviews

Jobs at Munich Re

F&C Property & Engineering Underwriter (m/f/d)* - Munich RE Mexico

Ciudad de México

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