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 99 reviews)); "Great people in the industry" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 80 reviews)); "Colleagues are friendly" ((in 49 reviews)); "It was great team to work with" ((in 26 reviews))

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

"Poor Management and corporate environment" ((in 24 reviews)); "Salaries are low and kept frozen for over 5 years." ((in 22 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 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 8 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

Compare reviews

4.1

84% would recommend to a friend

(886 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 886 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

886 reviews

2.0

Jun 26, 2024

Corporate

Hr associate

Recommend

CEO approval

Business Outlook

Pros

benefits company campus/location global great opportunity

Cons

managers are not great confusion of company overall since it is so big very slow to get things done

Munich Re Response

Dear former colleague, Thank you for sharing your experience working as an HR Associate in Princeton. We are pleased that you enjoyed our company benefits. However, we do regret the negative experiences you have had at manager level. Respectful and supportive behavior at all levels is particularly important to us. Please do not hesitate to send us more details. Your feedback will help us to follow up on this and avoid experiences like this in the future. Warm regards, Munich Re

1.0

Apr 10, 2024

Not recommended

Test engineer

Recommend

CEO approval

Business Outlook

Pros

Technology used is very old

Cons

Too much politics in the officr

Munich Re Response

Dear colleague, Thank you for sharing your feedback with us. We apologize for the impression that the use of outdated technology and the frequency of political processes have affected your work experience. This does not meet our standards. Your perspective is very valuable as we strive to constantly improve as an employer. You are welcome to contact your local HR department to provide further feedback and help you improve your work situation. Warm regards, Munich Re

4.0

Mar 18, 2024

Great Company

Data analytics

Recommend

CEO approval

Business Outlook

Pros

Good People and Work and Life Balance

Cons

A lot of politics. Not easy to grow!

Munich Re Response

Dear colleague, Thank you for reviewing your experience as a Data Analyst in Princeton. Team spirit and a healthy work-life balance are two key factors to feel satisfied at work - we therefore attach great importance to team events, flexible working hours and home office options and are pleased that these points meet your expectations. We are aware that internal political hurdles that come with large organizations like Munich Re can be challenging. Therefore, we aim to foster a positive working environment in which our employees can develop and grow regardless of these conditions. We take your feedback very seriously and encourage you to reach out to your local HR team for more detailed information. Good to have you with us. Warm regards, Munich Re

Viewing 70 - 72 of 886 Reviews

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