Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 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?

84% 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 (10) , 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 103 reviews)); "Great people to work with" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "Good pay and work" ((in 27 reviews))

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

"Poor Management and corporate environment" ((in 21 reviews)); "The handful of bad managers can bring down an entire department" ((in 13 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 10 reviews)); "long hours and demanding projects" ((in 9 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.

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Munich Re

Munich Re reviews

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4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

83% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

3.6

Senior management

3.6

Career opportunities

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

885 reviews

1.0

Apr 19, 2021

HORRIBLE MANAGMENT

Humna resources professional

Recommend

CEO approval

Business Outlook

Pros

Managment was horrible. They are mean and not helpful. They expect you to work like robots.

Cons

Horrible company, I would never work there again.

2.0

Jan 28, 2021

Poor

Engineer surveyor

Recommend

CEO approval

Business Outlook

Pros

Great team mentality, quality work colleagues, Decent salary with progression and average benefits.

Cons

A company that wants more for less, high standards, while making any excuse not to increase salary due to internal modernisation to keep up with competitors, whilst posting pre tax profits for the quarter of 2.6 billion. AVOID

1.0

May 7, 2020

Do not work here if you are a woman and want advancement

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Seriously dedicated, smart, hard working employees. Excellent benefits.

Cons

Inept leadership, frazzled employees, direction exists, but no honest communication from the top. Lack of trust.

Viewing 40 - 42 of 885 Reviews

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