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 (11) , 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 102 reviews)); "Great people to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 28 reviews))

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

"long hours and demanding projects" ((in 10 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "There is no clear career development." ((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

(888 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Ratings by demographic groups

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Munich Re has an employee rating of 4.1 out of 5 stars, based on 888 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

888 reviews

3.0

Oct 24, 2022

Good team/people, bad pay

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Nice people Nice office Flexible working hours

Cons

Low pay compared to market Low bonus which is not guaranteed Low pay rises for promotion No pay rises outside of promotions

5.0

Sep 15, 2022

Great company

Claims

Recommend

CEO approval

Business Outlook

Pros

Love this company. Very modern and up to date, easy systems, great responsive IT dept, super nice modern offices, smart and nice managers, lots of flexibility, everything works, everything is easy. Pays at market or better. Very happy here.

Cons

Have to pay for parking in some locations even though company will subsidize part of it.

4.0

Jul 20, 2022

Good development

Underwriting support manager - reinsurance

Recommend

CEO approval

Business Outlook

Pros

Great development if you want to grow career. There is flexibility in role to work what you want to work on if you are interested in learning something new.

Cons

I wish people had a more holistic view and were more focused on resolution rather than deciding whose responsibility something is to resolve. I prefer a more collaborative workspace focused on solutions and getting things done quickly. I feel like part of this is because the company is so big so things take longer than I like.

Viewing 145 - 147 of 888 Reviews

Jobs at Munich Re

Life Underwriting Consultant, Facultative Reinsurance

Associate Financial Specialist

TreasurySvcs and AcctsPayable Analyst

Munich Re

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Good team/people, bad pay

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