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 102 reviews)); "Great people to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 28 reviews))

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

"long hours and demanding projects" ((in 10 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "There is no clear career development." ((in 8 reviews)); "Not enough females in senior management" ((in 6 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 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 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).

Reviews by job title

888 reviews

5.0

Sep 30, 2017

Truly international business model and huge variety of very smart people

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Reinsurance is the most interesting business model in the insurance space (imho). Working together with very smart people. Having the opportunity to scale every business model globally.

Cons

Too little fluctuation and despite many diversity initiatives, still not diverse enough. Traditional business model is under pressure and is currently in the course of being adapted.

2.0

Sep 13, 2017

Manager

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Global offices located throughout the world. Cultural diversity.

Cons

Management based in Germany do not really understand the 'deep dive' country market in which they operate.

3.0

Aug 8, 2017

Project management

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good benefits and good work environment

Cons

No career growth, limited job opportunities

Viewing 199 - 201 of 888 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Group Underwriting Consultant

Munich Re

Munich Re reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Truly international business model and huge variety of very smart people

Manager

Project management

Jobs at Munich Re

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