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 96 reviews)); "Great people to work with" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 83 reviews)); "Colleagues are friendly" ((in 45 reviews)); "The average salary is good" ((in 26 reviews))

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

"Office politics can be overwhelming" ((in 11 reviews)); "bad leadership and working environment" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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.

Munich Re reviews

Compare reviews

4.1

84% would recommend to a friend

(884 total reviews)

Christoph Jurecka

100% approve of CEO

83% 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 884 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

884 reviews

5.0

May 19, 2026

Supportive team with room for advancement and high workload

Actuarial intern

Recommend

CEO approval

Business Outlook

Pros

Good People Team Environment Room for Advancement

Cons

Lots of Work at Times Competitive Environment

Munich Re Response

1w

Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you experienced a supportive team environment and opportunities for professional growth during your internship with Munich Re. We also appreciate your perspective on the workload and the competitive environment as you experienced them during your time with us. Your feedback helps us continuously reflect on how we structure work and support our teams in the best possible way. We wish you all the best for your future career. Kind regards, Munich Re

5.0

May 3, 2026

Supportive team and work-life balance, but slow processes

Senior software engineer

Recommend

CEO approval

Business Outlook

Pros

Supportive team and good work-life balance. Flexible working environment and friendly colleagues.

Cons

Limited opportunities to work on more complex or large-scale systems.

Munich Re Response

4w

Dear colleague, Thank you for sharing your feedback with us! We are glad to hear that you value the supportive team, the flexible working environment, and the work-life balance. At the same time, we take your comment regarding the limited opportunities to work on more complex or large-scale systems seriously. Feedback like this helps us identify areas where we can further enhance development opportunities and provide more challenging projects. Thank you for being part of our team! Kind regards, Munich Re

5.0

Apr 7, 2026

Excellent

Analyst

Recommend

CEO approval

Business Outlook

Pros

Great company I love it here

Cons

None to speak of really

Munich Re Response

1mo

Dear colleague, Thank you for taking the time to share your feedback. We are very pleased that you are happy working with us and see no considerable cons, especially since you’ve been with the company for such a long time. Thank you for your contributions to out team! Best regards, Munich Re

Viewing 1 - 3 of 884 Reviews

Jobs at Munich Re

Customer Success Manager

Group Underwriting Consultant

Senior Project Manager

Munich Re

Munich Re reviews

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Ratings by demographic groups

Reviews by job title

Supportive team with room for advancement and high workload

Supportive team and work-life balance, but slow processes

Excellent

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