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 100 reviews)); "Great people outside of dept" ((in 96 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 80 reviews)); "Colleagues are friendly" ((in 46 reviews)); "Good pay and work" ((in 28 reviews))

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

"Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 8 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 8 reviews)); "Not enough females in senior management" ((in 6 reviews)); "To little perspective on individual 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

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

Jul 1, 2025

No real direction.

Senior software engineer

Recommend

CEO approval

Business Outlook

Pros

Hybrid working environment Good Salary Friendly Collegues

Cons

Management change their minds every 2 seconds. No consistency.

Munich Re Response

11mo

Dear former colleague, Thank you for taking the time to share your experience with us. We are pleased to hear you appreciated our hybrid working model, competitive salary, and the support of friendly colleagues. We are, however, concerned to learn about your perception of frequent shifts in direction and a lack of consistency. Clear strategy and reliable leadership are priorities for us as an employer and we are continuously working to provide our teams with stable goals and transparent communication so that everyone can do their best work. To help us understand your observations better, we would welcome a confidential conversation. If you feel comfortable, please contact us at HRcareers@munichre.com. Your insights will assist us in refining our processes and ensuring future initiatives remain consistent and well communicated. Thank you for your openness, and we wish you continued success in your future endeavors. Kind regards, Munich Re

4.0

Jun 30, 2025

Overall good

Analyst

Recommend

CEO approval

Business Outlook

Pros

Good work life balance and benefits

Cons

Little one can do to influence increments

Munich Re Response

11mo

Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you value the work-life balance and benefits provided at Munich Re, and that your overall experience has been a positive one. We also appreciate your input regarding salary increments. We understand that compensation is an important aspect of job satisfaction, and we are continually working to ensure that our processes around performance and reward are fair, transparent, and supportive of our employees’ development. Should you wish to share more specific feedback or suggestions, we encourage you to reach out to your designated HR Business Partner. Your insights help us identify areas where we can continue to improve. Kind regards, Munich Re

3.0

Jun 26, 2025

Good company

Manager

Recommend

CEO approval

Business Outlook

Pros

Good employee benefits yes yes

Cons

Bad overwork culture no no

Munich Re Response

11mo

Dear former colleague, Thank you for your feedback regarding your time with us. We appreciate the positive recognition of the benefits provided. At the same time, we take your comment on workload very seriously, as we strive to create a beneficial work environment for all our employees. Your insight helps us to identify further areas of improvement. If you feel so inclined, please feel free to share more details about your experience via e-mail at your convenience: HR-careers@munichre.com. We wish you all the best on your future professional journey. Kind regards, Munich Re

Viewing 70 - 72 of 885 Reviews

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No real direction.

Overall good

Good company

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