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 107 reviews)); "Great people outside of dept" ((in 93 reviews)); "great work/life balance" ((in 81 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 24 reviews))

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

"Poor Management and corporate environment" ((in 21 reviews)); "bad leadership and working environment" ((in 12 reviews)); "The handful of bad managers can bring down an entire department" ((in 12 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 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 Seguros industry (3.6 stars).

Reviews by job title

888 reviews

3.0

Aug 7, 2021

Good company

Systems engineer

Recommend

CEO approval

Business Outlook

Pros

Good culture and many benefits .Good communication with all the colleagues.

Cons

Micro management sometimes .All rhe rest are normal .Lack of sharing responsibilities

1.0

Aug 5, 2021

Too much legacy

Risk manager

Recommend

CEO approval

Business Outlook

Pros

Strong brand Great office space Great employees Very organized Competitive compensation

Cons

Limited appetite for innovation Overly complex org structure Legacy systems

2.0

Aug 5, 2021

MRSI is NOT Munich Re...avoid

Underwriter

Recommend

CEO approval

Business Outlook

Pros

They overpay, that's it really.

Cons

MRSI- the specialty insurance arm, is to be avoided at all costs. This is NOT the Munich Re you were hoping to join. Management is cold and uncaring of their employees. You are absolutely replaceable and they'll remind you repeatedly. MRSI is hyper focused on growth over underwriting results. Don't come here hoping to underwrite...grow grow grow In all of MunichRe - promotions are reserved for Risk Analysts (the internal training program where drones are made and fast tracked over experienced hires). Do not bother coming here as an experienced hire...you won't be appreciated compared to the drones they produce- even with years more experience. The most political company you'll ever work. "yes" men and women throughout- individual thought is NOT rewarded. Complete lip service to diversity and inclusion. Good luck looking for diversity in management ranks....

Viewing 565 - 567 of 888 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Director Product Management

Munich Re

Munich Re reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Good company

Too much legacy

MRSI is NOT Munich Re...avoid

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