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 106 reviews)); "Great people in the industry" ((in 87 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 30 reviews))

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

"The handful of bad managers can bring down an entire department" ((in 13 reviews)); "bad leadership and working environment" ((in 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "team turnover is extremely high and there is no career development in there." ((in 7 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

(887 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (887 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 887 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

887 reviews

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.

3.0

Feb 14, 2025

Declining company

Marketing

Recommend

CEO approval

Business Outlook

Pros

Big institution with good people

Cons

Crazy cost cutting and no transparency in people appointment and development, promotion chances very limited and industry declining

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to share your feedback. We understand that transparency in career development and the efficient use of resources are important aspects of your experience, and we recognize there is always room to improve. Please know that we are continuously working to enhance these areas and welcome further insights from you. If you’d like to discuss your experience in more detail, we encourage you to reach out to us at HR-careers@munichre.com. Your feedback helps us create a better workplace for everyone, and we value your perspective. Thank you for being a part of Munich Re. Kind regards, Munich Re

5.0

Feb 12, 2025

Amazing Company

Team leader

Recommend

CEO approval

Business Outlook

Pros

Lot of good things starting from professional and friendly environment. Good pay package

Cons

I had to leave the company due to personal reasons

Munich Re Response

1y

Dear Former Employee, Thank you for your wonderful feedback! We appreciate your contributions and are delighted to hear that you valued our work environment, as well as the compensation package. We wish you all the best for your future endeavors! Kind regards, Munich RE

Viewing 139 - 141 of 887 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Director Product Management

Munich Re

Munich Re reviews

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Reviews by job title

Solid place to work

Declining company

Amazing Company

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