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?

"Great people outside of dept" ((in 101 reviews)); "Benefits are good and group look after staff" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 46 reviews)); "The average salary is good" ((in 30 reviews))

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

"Office politics can be overwhelming" ((in 10 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 9 reviews)); "long hours and demanding projects" ((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

84% would recommend to a friend

(884 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 884 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

884 reviews

4.0

Apr 15, 2026

Good company

Credit analyst i

Recommend

CEO approval

Business Outlook

Pros

System infrastructure has room for improvement

Cons

Work life balance is good

Munich Re Response

1mo

Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you value the positive work-life balance. We also appreciate your honest input regarding our system infrastructure, as this helps us identify areas where we can continue to improve. If you would like to elaborate further on where you see potential for improvement, please feel free to reach out to your responsible HR Business Partner. Thank you for your contributions to our team. Best regards, Munich Re

4.0

Apr 9, 2026

Review

Actuarial data analyst

Recommend

CEO approval

Business Outlook

Pros

Good work-life balance, usually I dont have to work overtime

Cons

Slow career progression, and there is no formal performance review

Munich Re Response

1mo

Dear colleague, Thank you for taking the time to share your feedback. We appreciate you highlighting the good work-life balance at our company. We also take your comments on career progression very seriously, especially coming from a colleague who has been part of our team for a considerable amount of time. Please be assured that we are continuously working to further strengthen our employees’ career opportunities. Feedback such as yours is an important part of this process. To better understand your experience, particularly regarding the performance review, we would kindly invite you to share more details. Please feel free to reach out to your designated HR Business Partner at your convenience. Thank you for being part of our team. Best regards, Munich Re

5.0

Apr 7, 2026

Excellent

Analyst

Recommend

CEO approval

Business Outlook

Pros

Great company I love it here

Cons

None to speak of really

Munich Re Response

1mo

Dear colleague, Thank you for taking the time to share your feedback. We are very pleased that you are happy working with us and see no considerable cons, especially since you’ve been with the company for such a long time. Thank you for your contributions to out team! Best regards, Munich Re

Viewing 10 - 12 of 884 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

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Excellent

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