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 102 reviews)); "Great people to work with" ((in 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 52 reviews)); "The average salary is good" ((in 27 reviews))

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

"bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "Not enough females in senior management" ((in 6 reviews)); "To little perspective on individual career development" ((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

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

Aug 7, 2025

Review

Coordinator

Recommend

CEO approval

Business Outlook

Pros

Great people, development opportunities, hybrid work

Cons

Actions don’t always align with words, leadership is unbalanced.

Munich Re Response

9mo

Dear colleague, Thank you for sharing your perspective and for your many years of dedication to Munich Re. We’re pleased to hear that you value the team culture, our development opportunities, and the flexibility of our hybrid work model. We acknowledge your concerns regarding leadership alignment and balance and take these seriously. Feedback like yours is important, as we continue to work on fostering transparency, consistency, and trust across the organization. Your suggestions on global travel and rotation opportunities are appreciated, and we will ensure they are shared with the relevant teams. We are grateful for your ongoing commitment and contributions, and we look forward to continuing to grow together. Kind regards, Munich Re

5.0

Aug 7, 2025

Good

Actuarial intern

Recommend

CEO approval

Business Outlook

Pros

Nice colleagues who are helpful

Cons

There are no cons that i am aware of :)

Munich Re Response

10mo

Dear former colleague, Thank you for taking the time to leave such a positive feedback on your time with us. Your insights further validate our endeavors of creating a comfortable work environment for all employees. We are glad that you were a part of the team and wish you all the best in your professional future. Kind regards, Munich Re

5.0

Aug 5, 2025

Good Employer

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Good Company benefits, competitive salary, great learning experience.

Cons

No clear career path and no salary increase

Munich Re Response

10mo

Dear Colleague, Thank you for sharing your feedback. We’re glad to hear that you value the benefits and learning opportunities at Munich Re. We also take your comments about career development and salary seriously. Please know that we are committed to ensuring fair compensation and equal opportunities for all employees, based on position and qualifications, to the best of our ability. Your input helps us identify where we can improve, which is why we encourage you to contact your HR Business Partner to share more details about your experience. Thank you for being a valued part of our team. Kind regards, Munich Re

Viewing 61 - 63 of 886 Reviews

Jobs at Munich Re

Claims Accountant

Madrid

View job

Data Actuary - Life & Health

Madrid

View job

Data Engineer - Life & Health Reinsurance

Madrid

View job

MGA Financial Accountant

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Review

Good

Good Employer

Jobs at Munich Re

Munich Re reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Jobs at Munich Re

Munich Re reviews FAQs