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?

"Benefits are good and group look after staff" ((in 100 reviews)); "Great people outside of dept" ((in 96 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 80 reviews)); "Colleagues are friendly" ((in 46 reviews)); "Good pay and work" ((in 28 reviews))

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

"Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 8 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 8 reviews)); "Not enough females in senior management" ((in 6 reviews)); "To little perspective on individual career development" ((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

(885 total reviews)

Christoph Jurecka

100% approve of CEO

84% 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 885 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 Insurance industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

885 reviews

5.0

Mar 31, 2026

Great Place, limited upside for ambition

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Safe, stable, well paid, exceptional people, great benefits

Cons

No rewards for ambition, just go with fhe flow

Munich Re Response

1mo

Dear colleague, thank you for taking the time to share your feedback. We are pleased that you appreciate our competitive salary, benefits, and the positive team environment. We also take your comments on ambition and recognition seriously. We are working to further strengthen development opportunities and make career paths more transparent. Thank you for being part of our team! Best regards, Munich Re

5.0

Mar 24, 2026

Good company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Work life balance Flexibility of work type

Cons

Salary is not so good Promotion not clear process

Munich Re Response

2mo

Dear colleague, thank you for taking the time to share your feedback. We are pleased to hear that you value the work-life balance and flexibility we offer. At the same time, we take your comments regarding compensation and the transparency of promotion processes very seriously. We continuously review these areas to ensure we remain competitive and provide clear, fair development opportunities for our employees. Thank you for being part of our team! Best regards, Munich Re

5.0

Jan 20, 2026

Accounts Assistant at Munich Re

Accounts assistant

Recommend

CEO approval

Business Outlook

Pros

Fantastic work/life balance. Great office. Fantastic office culture. Great bonus

Cons

Base salary could be better

Munich Re Response

4mo

Dear former colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you appreciated the work–life balance, office environment, and bonus structure during your time with us. At the same time, we acknowledge your comments regarding salary. We take such feedback seriously, as it helps us continue to reflect and improve as an organization. We wish you every success and all the best in your future professional endeavors. Kind regards, Munich Re

Viewing 1 - 3 of 885 Reviews

Jobs at Munich Re

Marketing Coordinator

Senior Business Analyst

Digital Product Support

Delegated Underwriting Administrator

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Great Place, limited upside for ambition

Good company

Accounts Assistant at Munich Re

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