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 99 reviews)); "Great people in the industry" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 80 reviews)); "Colleagues are friendly" ((in 49 reviews)); "It was great team to work with" ((in 26 reviews))

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

"Poor Management and corporate environment" ((in 24 reviews)); "Salaries are low and kept frozen for over 5 years." ((in 22 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 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((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

Compare reviews

4.1

84% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

84% 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 886 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

886 reviews

3.0

Oct 7, 2025

Grass is not always greener

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

Nice office space to work in

Cons

Unqualified and inexperienced leaders which is a shame.

Munich Re Response

8mo

Dear former colleague, Thank you for taking the time to leave your feedback. We are very sorry that you had negative experiences with leadership. That is not the work environment we want to uphold as an employer. Please know that we constantly work on providing everyone with the necessary tools to grow and excel at their job and only promote suitable candidates into leading positions. Nonetheless, we take your input seriously, as it helps us in identifying further areas of approvement. That is why we kindly ask you to reach out to us via e-mail with more details on your experiences at your convenience: HRcareers@munichre.com. Thank you for your contributions to our team! We wish you all the best in your future professional journey. Kind regards, Munich Re.

5.0

Sep 30, 2025

Great company in all aspects imaginable!

Manager finance

Recommend

CEO approval

Business Outlook

Pros

Great company in all aspects imaginable!

Cons

Complex global structure (norm of any multinational company)

Munich Re Response

8mo

Dear colleague, Thank you for sharing your positive feedback about your experience with us. We’re delighted to hear that you see Munich Re as a great employer. We also appreciate your comments about our global structure. We understand that working in such a diverse and international environment can sometimes bring complexity, and we are continuously striving to make our processes more efficient and seamless. Thank you for being part of our team and for the valuable contributions you make every day. Kind regards, Munich Re

1.0

Sep 30, 2025

Bad

Recptionist

Recommend

CEO approval

Business Outlook

Pros

Some nice people working there

Cons

Bad pay and deceitful management

Munich Re Response

8mo

Dear former colleague, Thank you for taking the time to share feedback about your experience with us. We’re pleased to hear that you valued the collaboration with our team members. At the same time, we’re sorry to learn that your experience regarding pay and management did not meet your expectations. This is not the standard we strive for as an employer. Your feedback is very important to us, as it helps identify areas where we can improve. If you’re comfortable doing so, we’d appreciate hearing more details via email at HRcareers@munichre.com. We wish you all the best in your future professional endeavors. Kind regards, Munich Re

Viewing 43 - 45 of 886 Reviews

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Grass is not always greener

Great company in all aspects imaginable!

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