Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.1 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?

"Benefits are good and group look after staff" ((in 109 reviews)); "Great people in the industry" ((in 91 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 89 reviews)); "Colleagues are friendly" ((in 45 reviews)); "The average salary is good" ((in 30 reviews))

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

"Poor Management and corporate environment" ((in 22 reviews)); "bad leadership and working environment" ((in 12 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "Limited working hours" ((in 8 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

82% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.1

Compensation and benefits

4.0

Diversity & inclusion

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

Jan 29, 2024

Big company with big issues

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

This is a well-established company which provides a sense of stability. Employees almost always get the annual bonus.

Cons

The management fosters a toxic work environment. Poor vision and bad strategic decisions take their toll on the employees.

Munich Re Response

Dear former employee, Thank you for taking the time to rate your experience with us. It is important to us to show our appreciation to our employees. This is why we offer competitive salaries, an attractive working environment and, if condiditons are met, an additional bonus payment. It is essential for us to foster a positive working environment for all employees, especially from a management perspective. If you have any specific suggestions in this regard that you would like to share with us, please do not hesitate to contact us. Yours sincerely, The Munich Re HR Team

4.0

Nov 5, 2023

Stable and profitable company

Actuarial

Recommend

CEO approval

Business Outlook

Pros

Stable profitability, great underwriting knowledge, global connection

Cons

complexity in organisation and guidelines, conservative in culture

3.0

Jul 10, 2023

Does not promote people over 50 to 55

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Large company good benefits with good vacation.

Cons

They play the game of being inclusive but you do not break the glass ceiling into AVP and above after the age of 50+. They also like to hire SVP's children that get the fast track to prime positions and promotions.

Viewing 73 - 75 of 886 Reviews

Jobs at Munich Re

Director Product Management

Senior Incident Responder