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 94 reviews)); "Great people in the industry" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 32 reviews)); "Good work environment and business model" ((in 23 reviews))

What are the cons of working at Munich Re according to real employee 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 11 reviews)); "long hours and demanding projects" ((in 9 reviews)); "team turnover is extremely high and there is no career development in there." ((in 8 reviews)); "Not enough females in senior management" ((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

82% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

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).

Reviews by job title

886 reviews

3.0

Jul 26, 2016

Good but not great

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Steady, secure, flexible, not very demanding, relatively well paid

Cons

Hierarchical and centrally controlled in Munich; difficult to progress to management level being non German/non headquarter-based

4.0

Dec 12, 2015

a good company to work for

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

offers good learning experience; people are nice. good culture

Cons

slow promotion - unless for specific people who are selected by the senior mangement

2.0

Mar 5, 2015

If you like to have a crushy job it's right for you; if you want to make things happen stay away from it..

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good package with nice employee benefits. Safe job. Good worklife balance. Somehow (but not really) international. People with multiple backgrounds.

Cons

To belong to the right network is more important than skills ("old boys club"). Many managers are more focused on their own agenda than on client's and company's interest. Conservative. Slow decision making. Little degree of delegation, many people try to avoid responsibilty. Too much self-adulation.

Viewing 100 - 102 of 886 Reviews

Jobs at Munich Re

Loss Control Inspector Trainee - Gaylord, Michigan

Associate Financial Specialist

TreasurySvcs and AcctsPayable Analyst

Munich Re

Munich Re reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

Good but not great

a good company to work for

If you like to have a crushy job it's right for you; if you want to make things happen stay away from it..

Jobs at Munich Re

Munich Re reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Company ratings over time

Munich Re reviews FAQs

Jobs at Munich Re