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?

"Great people outside of dept" ((in 94 reviews)); "Benefits are good and group look after staff" ((in 93 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 82 reviews)); "Colleagues are friendly" ((in 48 reviews)); "The average salary is good" ((in 28 reviews))

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

"Poor Management and corporate environment" ((in 21 reviews)); "Office politics can be overwhelming" ((in 10 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 9 reviews)); "long hours and demanding projects" ((in 8 reviews)); "Not enough females in senior management" ((in 5 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

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

Jun 26, 2025

Good company

Manager

Recommend

CEO approval

Business Outlook

Pros

Good employee benefits yes yes

Cons

Bad overwork culture no no

Munich Re Response

11mo

Dear former colleague, Thank you for your feedback regarding your time with us. We appreciate the positive recognition of the benefits provided. At the same time, we take your comment on workload very seriously, as we strive to create a beneficial work environment for all our employees. Your insight helps us to identify further areas of improvement. If you feel so inclined, please feel free to share more details about your experience via e-mail at your convenience: HR-careers@munichre.com. We wish you all the best on your future professional journey. Kind regards, Munich Re

4.0

Jun 25, 2025

Respectful and professional

Senior analyst

Recommend

CEO approval

Business Outlook

Pros

Great benefits and competitive pay Committed to trying to do the right thing

Cons

The complicated company structure makes decision making bureaucratic

Munich Re Response

11mo

Dear colleague, Thank you for sharing your thoughtful and encouraging feedback about your position at Munich Re. We truly appreciate your recognition of the benefits, pay approach and commitment to integrity within our culture. We also acknowledge your concerns regarding decision-making processes and the complexity of our structure. Your suggestion to increase transparency and to involve junior staff is well taken. Detailed feedback like yours helps us to continue evolving and improving as an organization. We’re grateful to have you on the team. Kind regards, Munich Re

4.0

Jun 24, 2025

Stable and supportive

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Stable and flexible working conditions

Cons

Not applicable for this section

Munich Re Response

11mo

Dear colleague, Thank you for your positive review and for highlighting the stable and flexible working conditions you’ve experienced at Munich Re. It’s encouraging to hear that our efforts to foster a supportive and adaptable work environment are recognized by our colleagues. We appreciate your contribution and are glad to have you with us. Kind regards, Munich Re

Viewing 73 - 75 of 886 Reviews

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