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

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

1.0

Feb 5, 2025

Not recommended

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Small team thus more responsibility

Cons

High emotional cost, they are looking for only Yes-man

Munich Re Response

1y

Dear Former Employee, Thank you for sharing your experience with us. We appreciate your recognition of the challenges and responsibilities that come with working in a small team. We’re sorry to hear that your time with us didn’t fully meet your expectations. Please know that we take all feedback seriously and are committed to continuously improving as a company. The well-being of our employees is a priority, and we would truly value any further insights you’re willing to share. If you’re open to it, please reach out to us at HR-careers@munichre.com. We sincerely wish you the best in your future endeavors. Kind regards, Munich Re

5.0

Feb 4, 2025

Nice

Accountant

Recommend

CEO approval

Business Outlook

Pros

Mostly good at taking care of employees

Cons

Not much room for growth

Munich Re Response

1y

Dear colleague, We appreciate that you took the time to give us feedback about your experience and are happy to read that you are satisfied with the care given to employees. Please know that we are always working on improving as an employer to create a positive work environment for everyone, so your comment about the growth at our company is very important to us. It helps us identify potential areas of improvement. Kind regards, Munich Re

5.0

Feb 4, 2025

Great company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

It is a company that values its employees.

Cons

The risk appetite is relatively conservative.

Munich Re Response

1y

Dear Colleague, Thank you for your positive feedback! We are delighted to hear that you feel valued as an employee. We recognize that our approach to risk management may sometimes feel conservative. We are always open to feedback and encourage you to share any further insights with us at HR-careers@munichre.com. Your perspective is valuable in helping us refine our approach. Kind regards, Munich RE

Viewing 142 - 144 of 887 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Group Underwriting Consultant

Munich Re

Munich Re reviews

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