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

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

Sep 5, 2025

Grass is Greener at Munich Re

Underwriting operations

Recommend

CEO approval

Business Outlook

Pros

Big company name recognition, learning resources, young employees get lifted up to management.

Cons

Most puppyManagement doesn’t know the trenches therefore overload on work is usual. No actual job reviews. Very clique like culture. Upper management always hires family and friends. You have to have a certain look or be o certain age to be promoted with a title.

Munich Re Response

9mo

Dear colleague, Thank you for taking the time to share your detailed feedback. We’re pleased to hear that you value the learning resources and development opportunities at Munich Re, especially as a long-standing colleague. At the same time, we take your concerns seriously and appreciate your input in helping us improve the work environment. We encourage you to discuss your observations with your HR Business Partner, who can best support you further. We’re grateful for your dedication and glad to have you as part of our team. Kind regards, Munich Re

4.0

Sep 3, 2025

Overall great company

Operations manager

Recommend

CEO approval

Business Outlook

Pros

Lots of support, lots of training opportunities, lots of movement of you are interested. A little too many hoops to get progress with Munich headquarters.

Cons

Too big of a company with not enough clear alignment of understanding at the highest levels.

Munich Re Response

9mo

Dear colleague, Thank you for sharing your feedback about your experience at Munich Re. We’re pleased to hear that you appreciate the support, training opportunities, and career mobility we provide. We also take note of your comments regarding alignment and processes across different levels of the company. Your input is valuable as we continue to work on improving collaboration and efficiency. Please feel free to share any additional feedback with your HR Business Partner to help us identify further opportunities for improvement. We’re grateful for your dedication and thank you for being a part of our team! Kind regards, Munich Re

5.0

Aug 30, 2025

Good company

Senior manager

Recommend

CEO approval

Business Outlook

Pros

Smart people, good culture, nice office

Cons

Not any major cons. Mainly a good solid company

Munich Re Response

9mo

Dear colleague, Thank you for sharing your feedback. We are grateful to hear that you value our culture, people, and workplace environment. It is rewarding to know that our employee policies and approach are well received, especially by employees that have been with us for a considerate amount of time, and we truly appreciate your positive outlook and support. We’re grateful for your dedication and thank you for being a part of our team! Kind regards, Munich Re

Viewing 55 - 57 of 886 Reviews

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Grass is Greener at Munich Re

Overall great company

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