Munich Re reviews

4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

83% positive business outlook

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).

Reviews by job title

885 reviews
4.0
Feb 18, 2025

Technical Accountant

Recommend
CEO approval
Business Outlook

Pros

Flexibility, time management, independence, home office

Cons

Salaries are not high enough

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Munich Re Response
1y
Dear Colleague, Thank you for your feedback! We’re glad to hear that you appreciate the flexibility, time management, and independence in your role. We understand that fair compensation is an important factor. Please know that we regularly assess our salary structures to remain competitive within the industry and ensure fair compensation for our employees. Your input is valuable, and we truly appreciate your perspective. Feedback like yours helps us continue to improve and evolve as a company. Kind regards, Munich Re
4.0
Jul 3, 2024

Good environment

Recommend
CEO approval
Business Outlook

Pros

Flexibility, Working hours (37.5) vacation day (31)

Cons

Low Salary Strong hierachy Hard career

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Munich Re Response
1y
Dear colleague, Thank you for your feedback. We’re pleased to hear that you appreciate the flexibility we offer and the respective vacation days. We take your feedback very seriously and would be grateful if you could give us more detailed insights as it will help us to continuously improve as an employer. Warm regards, Munich Re
4.0
May 10, 2024
Recommend
CEO approval
Business Outlook

Pros

The dynamic team and positive environment within the reinsurance accounting team based in Madrid. Possibilities for new skills, roles and areas for development. Flexibility iro working hours, hybrid working allowed, vacational package and working oportunities in other locations within the group

Cons

If you are looking for vertical growth the possibilities are a bit limited (if you are interested to stay within the Madrid’s office). The salary ranges are a it low compared to the competence

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Munich Re Response
2y
Dear employee, Thank you very much for your evaluation as a Claims Handler Specialist in Madrid. We are delighted that you have been able to make the most of the various services we offer. In order to expand development opportunities and ensure competitive salary structures, we are continuously working on optimizing our internal promotion and remuneration models. We encourage our employees to actively participate in development programmes and continuously improve their skills to achieve their career goals. In addition, we are committed to creating an attractive working environment that offers talented individuals the opportunity to realize their full potential. Please contact your line manager or your local HR team to find out what is best for you. Good to have you with us. Warm regards, Munich Re
Viewing 1 - 3 of 885 Reviews

Glassdoor has 1,401 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.