Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 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?

84% 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 103 reviews)); "Great people to work with" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "Good pay and work" ((in 27 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.

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Munich Re

Munich Re reviews

4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

83% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

3.6

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.1 out of 5 stars, based on 885 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

885 reviews

2.0

Feb 22, 2015

Pay good but culture toxic

Vice president

Recommend

CEO approval

Business Outlook

Pros

Pay and time off is better than average.

Cons

Work/life balance leans heavily towards work. Hostile work environment in some departments. Some management allowed to verbally abuse staff due to their results. Low morale

3.0

Sep 11, 2012

Great company, but a terrible department.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great benefits, flexible hours, encouraged to take development courses.

Cons

Lack of opportunities, pigeon-holed into your department, difficult to switch jobs to a higher paying position that you are qualified for.

1.0

Oct 18, 2024

The worst organisation I have worked for in 15 years

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good benefit package and flexible work from home policy.

Cons

Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction). Unable to drive the organisation to achieve anything. Openly blame middle management in town halls but Executives can’t keep it civil enough to get through a management meeting without one leaving in a huff. Employees left with nothing to do, or with any work completed then being binned due to strategy changes. No regard for employee wellbeing and no trust.

Munich Re Response

Dear colleague, Thank you for taking the time to review your experience with us in Dublin. We are glad that you enjoy our benefits and home office opportunities. We deeply regret your dissatisfaction with other factors such as leadership. As we strive to continuously improve our leadership framework, we take your feedback very seriously. In order to better understand the situation, we encourage you to provide further details about your experience via the following email address: p0060018221@munichre.com Kind regards, Munich Re

Viewing 25 - 27 of 885 Reviews

Jobs at Munich Re

F&C Property & Engineering Underwriter (m/f/d)* - Munich RE Mexico

Ciudad de México

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