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 103 reviews)); "Great people to work with" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "Good pay and work" ((in 27 reviews))

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

"Poor Management and corporate environment" ((in 21 reviews)); "The handful of bad managers can bring down an entire department" ((in 13 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 11 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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

(885 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 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

885 reviews

5.0

Aug 7, 2025

Good

Actuarial intern

Recommend

CEO approval

Business Outlook

Pros

Nice colleagues who are helpful

Cons

There are no cons that i am aware of :)

Munich Re Response

9mo

Dear former colleague, Thank you for taking the time to leave such a positive feedback on your time with us. Your insights further validate our endeavors of creating a comfortable work environment for all employees. We are glad that you were a part of the team and wish you all the best in your professional future. Kind regards, Munich Re

5.0

Aug 5, 2025

Good Employer

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Good Company benefits, competitive salary, great learning experience.

Cons

No clear career path and no salary increase

Munich Re Response

9mo

Dear Colleague, Thank you for sharing your feedback. We’re glad to hear that you value the benefits and learning opportunities at Munich Re. We also take your comments about career development and salary seriously. Please know that we are committed to ensuring fair compensation and equal opportunities for all employees, based on position and qualifications, to the best of our ability. Your input helps us identify where we can improve, which is why we encourage you to contact your HR Business Partner to share more details about your experience. Thank you for being a valued part of our team. Kind regards, Munich Re

4.0

Aug 5, 2025

Good company ethos

Auditor

Recommend

CEO approval

Business Outlook

Pros

Good benefits are in place

Cons

So many group companies and structure is a bit unclear

Munich Re Response

9mo

Dear colleague, Thank you for sharing your feedback. We’re pleased to hear that you are satisfied with the benefits we provide. We understand that structures can be unclear, especially in large companies like Munich Re. It is our goal as an employer to create a comfortable work environment for all employees, so feel free to reach out to your designated HR Business Partner if you have questions or concerns regarding this. We are glad to have you with us. Kind regards, Munich Re

Viewing 61 - 63 of 885 Reviews

Jobs at Munich Re

Customer Success Manager

Group Underwriting Consultant

Senior Project Manager

Munich Re

Munich Re reviews

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Good company ethos

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