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?

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 (10) , Technical Accountant (10)

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

"Great people to work with" ((in 94 reviews)); "Benefits are good and group look after staff" ((in 92 reviews)); "great work/life balance" ((in 81 reviews)); "Colleagues are friendly" ((in 52 reviews)); "The average salary is good" ((in 32 reviews))

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

"Poor Management and corporate environment" ((in 22 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "bad leadership and working environment" ((in 10 reviews)); "To little perspective on individual career development" ((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

85% 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

Apr 24, 2021

Pros and cons

Specialist

Recommend

CEO approval

Business Outlook

Pros

Big company with a lot of breadth to explore many products and approaches to risk/insurance.

Cons

Reorganizes a lot. Employee turnover seems at least moderate.

2.0

Mar 31, 2021

Too many foreigners

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good work life balance and some people travel v frequently with no budget constraints

Cons

Mgmt are all foreigners with good perks, no local leaders at all. Head office politics

1.0

Jan 17, 2021

Not a great place to work

Valuation actuary

Recommend

CEO approval

Business Outlook

Pros

Interesting work and if you are the right fit for this company I think you would be treated really well and promote really quickly

Cons

Poor culture, there's a standard fit that unless you fit you won't get promoted. Really long hours and not much support from management

Viewing 49 - 51 of 886 Reviews

Jobs at Munich Re

Director Product Management