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 (11) , 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

(888 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 888 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

888 reviews

3.0

Jan 8, 2025

HR dominated environment

Anonymous

Recommend

CEO approval

Business Outlook

Pros

Infectious drive and enthusiasm from senior management and a respected brand performing well.

Cons

Mysterious domination by HR in all areas produces zero income but seems unassailable. Questionable gender pay gap. Lip service only to diversity which is farmed out to employee groups rather than delegated to HR who produced the problem in the first place. Would not trust any anonymous reporting promise.

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to share your feedback with us. We regret to hear about your negative experience with HR at our company. Issues such as the gender pay gap and anonymous reporting are taken very seriously, and we would greatly appreciate hearing more about your perspective. Your input is invaluable and motivates us to continuously improve. If you’re open to it, we encourage you to share more details about your experience with us directly at HR-careers@munichre.com. This will help us work towards creating an even better work environment for everyone. Kind regards, Munich Re

5.0

Jan 7, 2025

Great place to work

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Organization with the resources of a large, international company but working in a smaller office where you get to know colleagues Really wonderful people Great benefits

Cons

Not exactly a "fun" culture if you're younger

Munich Re Response

1y

Dear Colleague, Thank you for sharing your feedback with us. We’re thrilled to hear that you appreciated your overall experience, particularly regarding the people and benefits. At the same time, we’re sorry to learn that you feel our company culture may not be as engaging for younger colleagues. Your perspective is important to us and helps guide our efforts to create a work environment that resonates with everyone. If you’d like to share more insights, we’d be happy to hear from you. Feel free to reach out to us directly at HR-careers@munichre.com. Kind regards, Munich Re

2.0

Jan 7, 2025

Business Development Manager

Business development manager

Recommend

CEO approval

Business Outlook

Pros

Good perks and annual bonuses.

Cons

Poor management and lack of leadership

Munich Re Response

1y

Dear Former Colleague, Thank you for sharing your feedback. We’re sorry to hear about your dissatisfaction with management and leadership during your time with us. Your insights are invaluable in helping us improve and foster a positive work environment for everyone. We take your comments seriously and encourage you to share more details about your experience directly with us at HR-careers@munichre.com. Your input will help us identify areas where we can do better. Kind regards, Munich Re

Viewing 154 - 156 of 888 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Director Product Management

Munich Re

Munich Re reviews

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HR dominated environment

Great place to work

Business Development Manager

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