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 106 reviews)); "Great people in the industry" ((in 87 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 86 reviews)); "Colleagues are friendly" ((in 50 reviews)); "The average salary is good" ((in 30 reviews))

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

"The handful of bad managers can bring down an entire department" ((in 13 reviews)); "bad leadership and working environment" ((in 11 reviews)); "long hours and demanding projects" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "team turnover is extremely high and there is no career development in there." ((in 7 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

(887 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (887 reviews)

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 887 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

887 reviews

4.0

Jan 12, 2025

Good company with okay pace

Data scientist

Recommend

CEO approval

Business Outlook

Pros

Good WLB, salary above average, interesting projects

Cons

Top-down management style; things move slowly

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your feedback about your experience with us. We’re delighted to hear that you value the good work-life balance, competitive salary, and engaging projects. These are core aspects we strive to offer to all our employees. We also acknowledge your concerns regarding the management style and the slower pace of progress at times. Please know that we are continuously working on improving our processes and fostering a more dynamic and inclusive approach. Your insights are incredibly valuable as we continue to improve. Thank you for your dedication and contributions. Kind regards, Munich Re

4.0

Jan 8, 2025

Positive experience, need to be a self-advocate to succeed

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

- Canadian senior leadership with full engagement across all levels - Positive organizational culture

Cons

- Some challenges with work-life balance within high performing teams - Hard to find opportunities for career development outside of actuarial functions

Munich Re Response

1y

Dear former colleague, Thank you for taking the time to share your feedback with us. We’re pleased to hear that you appreciated our organizational culture. At the same time, we regret to learn that you faced challenges with work-life balance and career development opportunities. Your feedback is invaluable to us, as it helps us identify areas for improvement. We would greatly appreciate it if you could share more details about your experiences and concerns with us directly at HR-careers@munichre.com. Thank you once again for your insights—they are essential in helping us grow as an employer. Kind regards, Munich Re

3.0

Jan 8, 2025

HR dominated environment

Anonymous

Recommend

CEO approval

Business Outlook

Pros

Infectious drive and enthusiasm from senior management and a respected brand performing well.

Cons

Mysterious domination by HR in all areas produces zero income but seems unassailable. Questionable gender pay gap. Lip service only to diversity which is farmed out to employee groups rather than delegated to HR who produced the problem in the first place. Would not trust any anonymous reporting promise.

Munich Re Response

1y

Dear Colleague, Thank you for taking the time to share your feedback with us. We regret to hear about your negative experience with HR at our company. Issues such as the gender pay gap and anonymous reporting are taken very seriously, and we would greatly appreciate hearing more about your perspective. Your input is invaluable and motivates us to continuously improve. If you’re open to it, we encourage you to share more details about your experience with us directly at HR-careers@munichre.com. This will help us work towards creating an even better work environment for everyone. Kind regards, Munich Re

Viewing 151 - 153 of 887 Reviews

Jobs at Munich Re

Customer Success Manager

Distribution and Sales Analyst

Director Product Management

Munich Re

Munich Re reviews

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Good company with okay pace

Positive experience, need to be a self-advocate to succeed

HR dominated environment

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