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 90 reviews)); "Great people to work with" ((in 88 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 81 reviews)); "Colleagues are friendly" ((in 46 reviews)); "The average salary is good" ((in 28 reviews))

What are the cons of working at Munich Re according to real employee 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 9 reviews)); "training could be much better but not too bad to complain" ((in 5 reviews)); "Not enough females in senior management" ((in 5 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

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

Mar 5, 2015

If you like to have a crushy job it's right for you; if you want to make things happen stay away from it..

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good package with nice employee benefits. Safe job. Good worklife balance. Somehow (but not really) international. People with multiple backgrounds.

Cons

To belong to the right network is more important than skills ("old boys club"). Many managers are more focused on their own agenda than on client's and company's interest. Conservative. Slow decision making. Little degree of delegation, many people try to avoid responsibilty. Too much self-adulation.

4.0

Feb 5, 2015

Great place to start a career but not much upward movement (depending on department)

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great training, great networking, work life balance is unbeatable

Cons

very conservative, stiff mgmt structure, lots of bureaucracy

3.0

Dec 6, 2014

bureaucratic place with stable paychecks

Anonymous

Recommend

CEO approval

Business Outlook

Pros

stable and friendly environment plenty of training opportunities generally work and life balance (flexible working hours is promoted in some areas in recent years)

Cons

bureaucratic management team slow to adapt to market changes networking is overrated...personal growth depends on who you know not how much you know about the job

Viewing 103 - 105 of 886 Reviews

Jobs at Munich Re

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

Ciudad de México

View job