Munich Re reviews

4.1

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

83% positive business outlook

Munich Re has an employee rating of 4.1 out of 5 stars, based on 885 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

885 reviews
4.0
Sep 12, 2017

Great company, but not perfect

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There's potential for growth and opportunities for leadership if you seek it out (although current transitional changes in structure may somewhat limit this for the next few years). There are lots of tools in place for network collaboration, including the potential to tap into expert resources. There are many training resources available, and strong support for studying and passing exams. Very friendly atmosphere, good work-life balance. Close-knit student actuarial group. The company has a good focus on giving back to the community. There are frequent opportunities for service projects, both on a team level and company level. Also, I feel the experience gained in a reinsurance company provides unique and valuable perspective not necessarily found working for a direct insurance company.

Cons

Depending on the department, on-boarding processes for getting new employees up to speed can be somewhat limited. Many of the networking and training resources available are under-utilized. Upper management decisions could be more transparent. There's a current organizational shift, and it seems that there was a decision made to choose a smaller amount work disruption instead of more clarity and transparency about the shift. To be fair, there was at least some attempt to provide answers to questions, though the attempt arguable fell short.

3.0
Mar 9, 2016
Recommend
CEO approval
Business Outlook

Pros

Good benefits and pay is reasonable for the job involved. Politics level is around a 5/10, but manageable.

Cons

HR is not as objective and there are alot of duties being pushed around between HR and GA.

1.0
Oct 30, 2014
Recommend
CEO approval
Business Outlook

Pros

Average Christmas Party. Ergonomic desk chairs. Clean offices. 401K plan after one year.

Cons

Disregard of any previous corporate office experience you may value. Back-stabbing sweatshop with "unattainable requirements" (job load here). Physical violence occasionally. Better than minimum wage.

Viewing 37 - 39 of 885 Reviews

Glassdoor has 1,401 Munich Re reviews submitted anonymously by Munich Re employees. Read employee reviews and ratings on Glassdoor to decide if Munich Re is right for you.