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 101 reviews)); "Great people outside of dept" ((in 91 reviews)); "Great work/life balance" ((in 89 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 31 reviews))

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

"Office politics can be overwhelming" ((in 11 reviews)); "bad leadership and working environment" ((in 10 reviews)); "long hours and demanding projects" ((in 8 reviews)); "There is no clear career development." ((in 7 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.

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 category

4.3

Work/Life balance

4.1

Culture & values

4.1

Compensation and benefits

4.0

Diversity & inclusion

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

Nov 8, 2024

Strong Policies and Benefits, but Bureaucratic and Germany-Centric

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

- Comprehensive policies and benefits package. - Well-intentioned initiatives on paper.

Cons

- Bureaucratic structure, with most decisions routed through Germany, often delaying progress in other regions. - Lack of accountability for management's adherence to policies.

Munich Re Response

1y

Dear former colleague, Thank you for taking the time to share your experience with us. We’re glad to hear that you valued our comprehensive policies and benefits package, among others. You’ve also shared some interesting insights, and we are dedicated to using this feedback to make continuous improvements that enhance the work experience for everyone. We wish you all the best for your professional career. Kind regards, Munich Re

3.0

Aug 8, 2024

Growth detierating the working environment

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

There is a friendly work environment and collaboration between teams.

Cons

Lack of support with the extensive growth leading to increased pressure and hours. It is difficult to move up the pay band as they focus on benchmarks and not the individuals performance as well as the bonus being tied only to company targets.

Munich Re Response

1y

Dear former colleague, Thank you for your feedback regarding your experience at Munich Re. Great to hear that you appreciated the friendly work environment and collaboration between teams. We recognize the challenges associated with growth and understand the concerns about increased pressure and working hours. Your insights play a crucial role in our continuous improvement, and we thank you for sharing them. Kind regards, Munich Re

4.0

Jun 18, 2024

Good salary

Head of finance

Recommend

CEO approval

Business Outlook

Pros

Friendly staffs and a nice calm environment to work in. Free lunch and good bonus.

Cons

Company trying to get back to 3days a week in the office.

Munich Re Response

2y

Dear colleague, Thank you for taking the time to share your experience with us. We’re glad to hear you appreciate the friendly staff and positive working environment. We understand your concern about the company's efforts to transition back to three days a week in the office. We believe that in-person collaboration can foster stronger teamwork, innovation, and a sense of community. However, we value your feedback as we strive to find the right balance for our employees. If you have specific suggestions or details, please share them with us. We are delighted to have you on our team. Warm regards, Munich Re

Viewing 127 - 129 of 886 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Parametric Structuring Analyst

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Strong Policies and Benefits, but Bureaucratic and Germany-Centric

Growth detierating the working environment

Good salary

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