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 99 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 88 reviews)); "Great people in the industry" ((in 88 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 28 reviews))

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

"bad leadership and working environment" ((in 12 reviews)); "The handful of bad managers can bring down an entire department" ((in 12 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 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.

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Munich Re

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 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 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

888 reviews

2.0

Dec 29, 2020

Mixed feelings

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Some really great, smart people who care

Cons

work volume and expectations were impossible to maintain, some leaders were really poor, really poor

4.0

Dec 10, 2020

Accounting technician

Insurance technician

Recommend

CEO approval

Business Outlook

Pros

Great morale, excellent benefits. A very welcoming team/company. Great opportunities

Cons

HR very slow on boarding

4.0

Nov 1, 2020

Great company

Underwriter trainee

Recommend

CEO approval

Business Outlook

Pros

they really invest and prioritize continued professional development! there are so many opportunities within Munich Re as a group and they encourage employees to find their niche within the company.

Cons

very traditional executive management ; very old-school and no diversity in executive board

Viewing 169 - 171 of 888 Reviews

Jobs at Munich Re

Associate Financial Specialist

RI Accounting & Claims Handling Analyst

TreasurySvcs and AcctsPayable Analyst

Life Underwriting Consultant, Facultative Reinsurance