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 94 reviews)); "Great people outside of dept" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 75 reviews)); "Colleagues are friendly" ((in 43 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 20 reviews)); "bad leadership and working environment" ((in 11 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))

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

4.0

Jun 5, 2025

Great

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great work life balance and best culture and values.

Cons

Nothing bad to note about the company.

Munich Re Response

Dear former colleague, Thank you for your positive feedback. We are glad to hear that you appreciated the work-life balance and culture. As an employer, we are constantly striving to improve and create a beneficial environment for everyone working with us and input like yours helps with that. We wish you continued success in your career. Kind regards, Munich Re

4.0

Jun 4, 2025

Good company

Exec. assistant

Recommend

CEO approval

Business Outlook

Pros

Very flexible working conditions, free lunches

Cons

The work isn't that interesting but it's insurance!

Munich Re Response

Dear colleague, Thank you for taking the time to leave your feedback. We are happy to see that the working conditions as well as lunch possibilities are received positively. Our goal is to provide a comfortable environment for alle employees. We understand that not all tasks can be engaging and interesting to work on, yet the field of reinsurance is an undoubtedly important one and we are glad to have you with us. Thank you for your dedication! Kind regards, Munich Re

5.0

Jun 4, 2025

Review

Marine underwriter

Recommend

CEO approval

Business Outlook

Pros

Great company to work for!

Cons

Can get busy just like every other insurer

Munich Re Response

Dear colleague, Thank you for your positive feedback regarding your experience with us! We are happy to know that you consider us a good employer, as we are constantly striving to improve and create a beneficial workspace for all employees. We understand that the workload can fluctuate, and it can get busy – especially in those times, it is great to have you with us. Kind regards, Munich Re

Viewing 82 - 84 of 886 Reviews

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