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?

"Great people to work with" ((in 96 reviews)); "Benefits are good and group look after staff" ((in 94 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 83 reviews)); "Colleagues are friendly" ((in 56 reviews)); "The average salary is good" ((in 27 reviews))

What are the cons of working at Munich Re according to real employee reviews?

"Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction)." ((in 11 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 9 reviews)); "There is no clear career development." ((in 7 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

(890 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (890 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 890 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

890 reviews

3.0

Dec 14, 2023

Big Company Little Fish

Director

Recommend

CEO approval

Business Outlook

Pros

Great people, good work life balance

Cons

Low pay, little opportunity for advancement unless you're an actuary

Munich Re Response

2y

Dear employee, Thank you very much for your feedback. We are glad to read that you enjoy especially the work life balance. We at Munich Re try our best to help employees build their careers in line with their personal lives. At the same time, we are sorry to hear that you are not pleased with the salary and the advancement opportunities. We aim to provide our employees with a multitude of opportunities for personal and professional growth. Should you have any further suggestions or ideas on how we can improve even further, please do not hesitate to let us know. Yours sincerely, The Munich Re HR Team

4.0

Dec 8, 2023

salary at junior lvl

Underwriting assistant

Recommend

CEO approval

Business Outlook

Pros

decent starting salary which is good

Cons

nothing much yet to say

Munich Re Response

2y

Dear former employee, Thank you so much for your feedback. It's great you feel satisfied with your salary. We consider it essential to compensate our employees appropriately in order to show appreciation for their skills and the time they devote to the company. Yours sincerely, The Munich Re HR Team

4.0

Dec 7, 2023

Awesome

Senior actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

Work exposure is really great

Cons

I can not think of any

Munich Re Response

2y

Dear employee, Thank you for taking the time to evaluate your position as a Senior Actuarial Analyst. We are pleased to hear that you are happy with the work exposure at Munich Re. For us, a healthy work-life balance is crucial to establishing a positive work environment where employees can thrive. We are glad to have you on the team, working and growing together and further our individual and professional development. Yours sincerely, The Munich Re HR Team

Viewing 307 - 309 of 890 Reviews

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Munich Re reviews

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Big Company Little Fish

salary at junior lvl

Awesome

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