Munich Re reviews

4.1

85% would recommend to a friend

(888 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

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
4.0
Sep 14, 2025

Excellent work-life balance

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Munich Re is renowned for its superb work-life balance, a highly valued benefit. This corporate culture is a significant draw for potential hires.

Cons

However, it's important to have realistic expectations regarding compensation. There are no performance-based bonuses, and the budget for salary increases is just 0.5% per year. Therefore, your initial salary negotiation is the most critical factor in determining your long-term earnings, as even top-level individual performance does not result in meaningful financial reward.

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Munich Re Response
9mo
Dear colleague, Thank you for your thoughtful review and for sharing your experience with us. We are delighted to hear that you value the corporate culture and work-life balance that Munich Re provides. We also take note of your concerns regarding compensation and salary progression. Please know that we take your input seriously. Feedback like yours is important, as it helps us understand how we can further improve as an employer and create an environment that benefits all employees in the long-term. If you want to share more details, feel free to reach out to your designated HR-Business-Partner at your convenience. We appreciate your commitment of more than 10 years and are grateful for the contributions you have made to our company. Kind regards, Munich Re
3.0
Sep 12, 2025

Review

Recommend
CEO approval
Business Outlook

Pros

Diverse environment with a wide range of individuals

Cons

Company comes first as opposed to the individual

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Munich Re Response
9mo
Dear former colleague, Thank you for taking the time to share your feedback about your experience with us. We’re glad to hear you appreciated the diverse environment and the wide range of colleagues you worked with. We also acknowledge your perspective that company priorities can sometimes feel as though they outweigh individual needs. This is not the experience we aim to create, and your input helps us see where we can do better. We truly appreciate your many years of contribution to Munich Re and wish you all the best in your future endeavors. Kind regards, Munich Re
4.0
Sep 9, 2025

Underwriter

Recommend
CEO approval
Business Outlook

Pros

People are always willing to help a lending hand if you need further assistance

Cons

Systems are outdated and are the job more difficult

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Munich Re Response
9mo
Dear former colleague, Thank you for taking the time to share your feedback and reflections on your experience with Munich Re. We’re pleased to hear that you found the environment supportive and that your overall experience was positive. We also appreciate your honest comments regarding our systems and your advice to management. Please know that we are continuously working to enhance our processes and tools, and feedback like yours is invaluable in guiding these improvements. If you’re open to sharing more details, we would welcome your insights via email at HRcareers@munichre.com. We’re grateful for the contributions you made during your time here and wish you continued success in your future endeavors. Kind regards, Munich Re
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Glassdoor has 1,405 Munich Re reviews submitted anonymously by Munich Re employees. Read employee reviews and ratings on Glassdoor to decide if Munich Re is right for you.