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.

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

2.0

Feb 19, 2025

Decent place to work

Actuary

Recommend

CEO approval

Business Outlook

Pros

Good work life balance with some really great managers

Cons

Pay is not that great

Munich Re Response

1y

Dear colleague, Thank you for taking the time to leave your feedback. We are glad to hear that you enjoy the work-life balance at our company and value our leadership. We are constantly trying to improve as an employer and therefore value your statement about your salary. Please know that we take this seriously and understand that fair compensation for all employees is essential. If you want to share further details on this with us, feel free to reach out: HR-careers@munichre.com. Your insights are invaluable in helping to identify potential areas for improvement. Kind regards, Munich Re

2.0

Jan 15, 2025

Workplace with great potential, but pros can't outweigh the everyday cons

Business analyst

Recommend

CEO approval

Business Outlook

Pros

My colleagues are fantastic. Bright, committed, diligent, personable people. Benefits are very good.

Cons

Snr Management/Executive team Very poor communication from leaders Lack of accountability by and MGMT Not enough support with project blockers Environment not conducive to productivity due to continuous changing of strategy

Munich Re Response

1y

Dear Colleague, Thank you for sharing your feedback about your experience with us. We are delighted to hear that you value both your colleagues and the benefits offered. At the same time, we are sorry to hear about your negative experiences regarding important aspects such as management, communication, accountability, and task support. Please know that we value your insights and take your critique very seriously. To better understand and address these concerns, we kindly ask you to share further details with us via email at HR-careers@munichre.com. Thank you for your dedication and contributions to Munich Re. We are committed to fostering a supportive and inclusive environment for all our colleagues. Kind regards, Munich Re

2.0

Jun 26, 2024

Corporate

Hr associate

Recommend

CEO approval

Business Outlook

Pros

benefits company campus/location global great opportunity

Cons

managers are not great confusion of company overall since it is so big very slow to get things done

Munich Re Response

1y

Dear former colleague, Thank you for sharing your experience working as an HR Associate in Princeton. We are pleased that you enjoyed our company benefits. However, we do regret the negative experiences you have had at manager level. Respectful and supportive behavior at all levels is particularly important to us. Please do not hesitate to send us more details. Your feedback will help us to follow up on this and avoid experiences like this in the future. Warm regards, Munich Re

Viewing 67 - 69 of 886 Reviews

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Director Product Management

Munich Re

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Workplace with great potential, but pros can't outweigh the everyday cons

Corporate

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