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 to work with" ((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

Company ratings over time

Ratings trend for the last 6 months (886 reviews)

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

Mar 13, 2024

Balance

It auditor

Recommend

CEO approval

Business Outlook

Pros

Hybrid, culture, diverse, global, travels, parking available in some locations, excellent wellness facilities.

Cons

Paid lunch, No free lunch.

Munich Re Response

2y

Dear colleague, Thank you for sharing your positive feedback as an IT auditor in Princeton. We are very pleased to hear that you are enjoying your work at Munich Re. As a modern employer, we strive to foster a diverse work culture with flexible working arrangements and opportunities for personalized healthcare offers. We are pleased that you can take advantage of these offers. If you have any further feedback, please do not hesitate to reach out. Thank you for being a part of Munich Re. Warm regards, The Munich Re HR Team

1.0

Jan 2, 2024

terrible training and overloaded with word

Accounting and claims handling analyst

Recommend

CEO approval

Business Outlook

Pros

The dept I worked at had the nicest people I have ever met. Everyone was super genuine especially my manager Chris

Cons

Everyone assured me I was keeping up with my work however with the poor training and lack of support I was falling behind. They constantly reassured me that I was keeping up while trying to learn but I couldn't help but feel like I wasn't. Everyone was behind, no one could keep up with the workload, the person training me was just brought onto another position. This created so many problems and when I reached out for help he tried his best but it was absolutely a bother. i can not express enough HOW TERRIBLE THE ONBOARDING EXPIERENCE WAS. all this falling behind got me fired at the end of 8 months after I had finally taught myself how to use the system and manage my accounts.

Munich Re Response

2y

Thank you for taking your time to evaluate your position as an accounting and claims handling analyst. We are very sorry to hear that you were not happy with the training you received and the workload. Our goal is to train our employees the best we can and assure them a workload that is manageable. If you have any suggestions on how we can improve, please do not hesitate to contact us here https://www.munichre.com/en/general/contact.html. Yours sincerely, The Munich Re HR Team

4.0

Nov 11, 2023

Base salary

Analyst

Recommend

CEO approval

Business Outlook

Pros

Flexible working hour and work arrangement

Cons

Long work hours and poor work life balance

Munich Re Response

2y

Dear former employee, Thank you for taking your time to evaluate your former position as an Analyst in Singapore. We are pleased to hear that you perceive our flexibility as particularly positive. A healthy work-life balance is especially important to us as a company in order to create a working environment in which employees feel comfortable and valued. Should you have any further suggestions or ideas on how we can improve, please do not hesitate to let us know. Yours sincerely, The Munich Re HR Team

Viewing 133 - 135 of 886 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Director Product Management

Munich Re

Munich Re reviews

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terrible training and overloaded with word

Base salary

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