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 102 reviews)); "Great people to work with" ((in 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 52 reviews)); "The average salary is good" ((in 27 reviews))

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

"bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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.

Skip to content Skip to footer

Notifications

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

3.0

Jul 28, 2022

High Stress Environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great pay and benefits. Amazing Downtown Toronto location. Exposure to cutting edge tools and technologies.

Cons

Incompetent managers. People are promoted internally without adequate leadership training. They tend to create unnecessary high stress environment with unrealistic expectations and micro management. Also, there is no opportunity to provide upward feedback.

4.0

May 6, 2022

Overall good experience

Senior actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

good culture and good pay

Cons

lack of innovations, too many hierarchies

5.0

Mar 14, 2022

Excellent company to work for

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Varied work, friendly staff, excellent balance sheet so your job is secure. Respected within the market. Good Technology department. Not the most advanced, but certainly making strides to improve. Most of the cutting edge projects take place in Germany. But it's certainly not stuck in the past. All in all, a great company to be a BA at.

Cons

Not many cons, only one was the lack of career progression. It's not always easy where you can go after 2-4 years of the same work. Suppose that's the same anywhere. Other than that, Munich Re is an excellent company to work for

Viewing 79 - 81 of 886 Reviews

Jobs at Munich Re

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

Ciudad de México

View job