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?

"Benefits are good and group look after staff" ((in 107 reviews)); "Great people outside of dept" ((in 93 reviews)); "great work/life balance" ((in 81 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 24 reviews))

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

"Poor Management and corporate environment" ((in 21 reviews)); "bad leadership and working environment" ((in 12 reviews)); "The handful of bad managers can bring down an entire department" ((in 12 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 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

(888 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Ratings by demographic groups

Race / Ethnicity

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Munich Re has an employee rating of 4.1 out of 5 stars, based on 888 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

888 reviews

4.0

Jul 28, 2021

Good employer

Senior actuarial analyst

Recommend

CEO approval

Business Outlook

Pros

Work life balance Access to international expertise Good benefits Good working environment Supportive management No hierarchy and it’s easy to chat to executives when needed

Cons

I don’t have much downsides to share. Only thing is that the Munich re group is well established and all the processes are in place so it’s difficult to implement innovation in such a culture as they’re comfortable using tried and tested ways

5.0

Jul 28, 2021

Internship

Data science intern

Recommend

CEO approval

Business Outlook

Pros

Friendly colleagues and free lunch

Cons

So far no no drawbacks

5.0

Jul 27, 2021

Great place to work

Coordinator

Recommend

CEO approval

Business Outlook

Pros

-great performance management -strategic & forward thinking company -great pay, benefits, rewards etc

Cons

Can't really think of any. High work load but manageable.

Viewing 703 - 705 of 888 Reviews

Jobs at Munich Re

Claims Accountant

Madrid

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Data Engineer - Life & Health Reinsurance

Madrid

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Data Actuary - Life & Health

Madrid

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Wording Expert (Legal Background)

Munich Re

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