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 101 reviews)); "Great people to work with" ((in 91 reviews)); "Great work/life balance" ((in 89 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 31 reviews))

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

"Office politics can be overwhelming" ((in 11 reviews)); "bad leadership and working environment" ((in 10 reviews)); "long hours and demanding projects" ((in 8 reviews)); "There is no clear career development." ((in 7 reviews)); "Not enough females in senior management" ((in 5 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 Assicurazioni industry (3.6 stars).

Reviews by job title

887 reviews

5.0

Dec 3, 2024

Great company

Actuary

Recommend

CEO approval

Business Outlook

Pros

WLB, Culture, variety of work

Cons

None that I can think of

Munich Re Response

1y

Dear colleague, Thank you for your feedback regarding your time with us. We’re delighted to hear that you appreciated the overall experience and didn't find any negative factors. Your positive input encourages us to keep improving and maintaining a great work environment. Kind regards, Munich Re

4.0

Nov 30, 2024

Great company to work for.

Team lead

Recommend

CEO approval

Business Outlook

Pros

Smart teams, good benefits and overall great culture.

Cons

Complexity of the overall organization

Munich Re Response

1y

Dear colleague, Thank you for your feedback regarding your experience with us. We’re glad to hear you appreciated the positive aspects of working here, including the supportive environment and the benefits we offer. At the same time, we acknowledge your concerns about the organization’s complexity and are continuously working to improve in this area. Your feedback is invaluable to us as we strive for ongoing progress. Kind regards, Munich Re

3.0

Nov 30, 2024

Good Company

Data scientist

Recommend

CEO approval

Business Outlook

Pros

Good Benefits, Good Culture, Remote working

Cons

Organizational Restructure, lack vision, no data

Munich Re Response

1y

Dear former colleague, Thank you for your feedback. We’re glad to hear there were positive aspects of your experience with us. We also take note of your concerns and will keep them in mind as we continue to develop and improve. Your input is valuable and appreciated. Wishing you all the best in your future endeavors! Kind regards, Munich Re

Viewing 160 - 162 of 887 Reviews

Jobs at Munich Re

Senior Surety Underwriter (m/f/d*) - Munich RE Italia

Milano

View job

Senior Surety Underwriter Italy (m/f/d*) - Munich Re Specialty Global Markets (MRS-GM)

Milano

View job

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