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 96 reviews)); "Great people outside of dept" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 49 reviews)); "The average salary is good" ((in 26 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 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Limited working hours" ((in 8 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

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 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

889 reviews

5.0

Aug 5, 2025

Good Employer

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Good Company benefits, competitive salary, great learning experience.

Cons

No clear career path and no salary increase

Munich Re Response

10mo

Dear Colleague, Thank you for sharing your feedback. We’re glad to hear that you value the benefits and learning opportunities at Munich Re. We also take your comments about career development and salary seriously. Please know that we are committed to ensuring fair compensation and equal opportunities for all employees, based on position and qualifications, to the best of our ability. Your input helps us identify where we can improve, which is why we encourage you to contact your HR Business Partner to share more details about your experience. Thank you for being a valued part of our team. Kind regards, Munich Re

4.0

Aug 5, 2025

Good company ethos

Auditor

Recommend

CEO approval

Business Outlook

Pros

Good benefits are in place

Cons

So many group companies and structure is a bit unclear

Munich Re Response

10mo

Dear colleague, Thank you for sharing your feedback. We’re pleased to hear that you are satisfied with the benefits we provide. We understand that structures can be unclear, especially in large companies like Munich Re. It is our goal as an employer to create a comfortable work environment for all employees, so feel free to reach out to your designated HR Business Partner if you have questions or concerns regarding this. We are glad to have you with us. Kind regards, Munich Re

4.0

Jul 28, 2025

Great place

Director

Recommend

CEO approval

Business Outlook

Pros

Benefits and culture. Fun atmosphere.

Cons

Work life balance for certain teams

Munich Re Response

11mo

Dear colleague, Thank you for taking the time to share your feedback. We’re glad to hear that you enjoy the culture, benefits, and overall atmosphere at Munich Re, and that your experience over the past years has been a positive one. We also appreciate your comment regarding the work-life balance for certain teams. We recognize that the workload can vary across functions. Please know that we are committed to support a balanced environment for all employees and disproportionate overwork is not the standard we strive for. If you have further input you’d like to share on this, we encourage you to connect with your designated HR Business Partner at your convenience. Your feedback plays an important role in helping us continue to improve as an employer. Kind regards, Munich Re

Viewing 286 - 288 of 889 Reviews

Jobs at Munich Re

Digital Learning Strategist - SuccessFactors Learning Strategy & Technology

Customer Success Manager

Parametric Structuring Analyst

Group Underwriting Consultant

Munich Re

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