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 (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 94 reviews)); "Great people in the industry" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 32 reviews)); "Good work environment and business model" ((in 23 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 11 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 9 reviews)); "team turnover is extremely high and there is no career development in there." ((in 8 reviews)); "Not enough females in senior management" ((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

85% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

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 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).

Reviews by job title

886 reviews

5.0

Feb 28, 2025

Good place and good people

Data analyst

Recommend

CEO approval

Business Outlook

Pros

People, Flexibility Industry access Fast speed Work life balance

Cons

Limited promotion Need to try hard to find own learning access Close to none company event for employee

Munich Re Response

1y

Dear Colleague, Thank you for your positive feedback! We are glad that you appreciate aspects like flexibility, work-life balance, and the fast-paced environment at Munich Re. At the same time, we acknowledge your concerns regarding promotion opportunities, access to learning resources, and company events. We continuously aim to improve and develop as a company, and your input helps us in this effort. We appreciate your contributions and are happy to have you as part of our team. Kind regards, Munich Re

3.0

Feb 25, 2025

Need more structure

Underwriting analyst

Recommend

CEO approval

Business Outlook

Pros

Only 2 days in the office, get to wear jeans, free drinks and snacks. 24 PTO, 2 Volunteer Days., Friendly people. Good pay and decent benefits

Cons

Self-service training approach with very few training materials! , No development program for cross-training roles or for a UA to get into Underwriting. Lacking collaboration and communication between departments. Very, very manual processes but working towards building systems.

Munich Re Response

1y

Dear Colleague, Thank you for sharing your feedback and for highlighting the positive aspects of your experience, such as home office flexibility, benefits, and team culture. We understand your concerns regarding training, communication, and reliance on manual processes. Continuous learning and collaboration are essential to us, and we appreciate your input on how we can enhance these areas. We strive to continuously improve and create a more efficient work environment for all employees. If you have further insights or suggestions, we’d love to hear from you at HR-careers@munichre.com. Your feedback is invaluable in helping us grow. Kind regards, Munich Re

4.0

Feb 17, 2025

Solid place to work

Actuary

Recommend

CEO approval

Business Outlook

Pros

- Good renumeration - Free lunch - People nice

Cons

Tech/software is horrendous Difficult to get anything done Not open to new ways of working more efficiently

Munich Re Response

1y

Dear colleague, Thank you for your feedback. We are happy to read that you´re satisfied with the people, your compensation as well as the lunch provided at Munich Re. At the same time, we understand that certain tech and software hurdles can be difficult and frustrating when trying to complete tasks. Please know that we are always looking for areas to improve. That is why we kindly ask you to share more information about this with us via e-mail: HR-careers@munichre.com.Your insights are invaluable to us. Kind regards, Munich Re.

Viewing 121 - 123 of 886 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Director Product Management

Munich Re

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Good place and good people

Need more structure

Solid place to work

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