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

Company ratings over time

Ratings trend for the last 6 months (888 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 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

5.0

Jul 23, 2021

Excellent Company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Financial strength and consistent underwriting excellence. Opportunities in virtually every area of insurance and reinsurance, and supportive of internal career moves for development. Knowledge-sharing culture.

Cons

Glass ceilings for certain roles and upward advancement can be difficult.

1.0

Jul 22, 2021

Rigged with corporate politics

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

- Smart Colleagues - Less meetings

Cons

- You gotta fight for your own progress - Culture of getting cheesy projects for themselves - People are in habit of self-appreciation and self-representation in front of senior leadership - You won't get noticed to the skip managers if you don't talk to them directly - "Rat Race" kind of culture - Some people 2-3 people would always have something to say in the team meeting even though sometimes which doesn't make sense. I don't know how bad input is counted as contribution - Lazy HRs might ghost and won't reply on time.

4.0

Jul 21, 2021

overall good

Data scientist

Recommend

CEO approval

Business Outlook

Pros

Good work life balance available

Cons

Small ambition in many employees

Viewing 571 - 573 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

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Reviews by job title

Excellent Company

Rigged with corporate politics

overall good

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