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 101 reviews)); "Great people to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 90 reviews)); "Colleagues are friendly" ((in 52 reviews)); "Good work environment and business model" ((in 25 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 12 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "bad leadership and working environment" ((in 9 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

(889 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (889 reviews)

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 889 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

889 reviews

4.0

Sep 9, 2025

Underwriter

Senior property 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

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

4.0

Sep 8, 2025

Love it

Data scientist

Recommend

CEO approval

Business Outlook

Pros

Great company, great people, great benefits, great work life balance.

Cons

Working with uninteresting data, the job is boring.

Munich Re Response

9mo

Dear colleague, Thank you for taking the time to share your feedback. We are delighted to hear that you value the company culture, the people, the benefits, and the work-life balance we strive to provide. We also take note of your comments regarding the data and the nature of the work. Your perspective is important, and we recognize the need to keep tasks engaging and aligned with our employees’ interests. We truly appreciate your contributions and are glad to have you as part of the Munich Re team. Kind regards, Munich Re

4.0

Sep 3, 2025

Overall great company

Operations manager

Recommend

CEO approval

Business Outlook

Pros

Lots of support, lots of training opportunities, lots of movement of you are interested. A little too many hoops to get progress with Munich headquarters.

Cons

Too big of a company with not enough clear alignment of understanding at the highest levels.

Munich Re Response

9mo

Dear colleague, Thank you for sharing your feedback about your experience at Munich Re. We’re pleased to hear that you appreciate the support, training opportunities, and career mobility we provide. We also take note of your comments regarding alignment and processes across different levels of the company. Your input is valuable as we continue to work on improving collaboration and efficiency. Please feel free to share any additional feedback with your HR Business Partner to help us identify further opportunities for improvement. We’re grateful for your dedication and thank you for being a part of our team! Kind regards, Munich Re

Viewing 277 - 279 of 889 Reviews

Jobs at Munich Re

Digital Learning Strategist - SuccessFactors Learning Strategy & Technology

Solution Architect Sr.

Customer Success Manager

Munich Re

Munich Re reviews

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Underwriter

Love it

Overall great company

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