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 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

(888 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (888 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 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 Assicurazioni industry (3.6 stars).

Reviews by job title

888 reviews

5.0

Sep 26, 2024

Friendly Enviornment

Data engineer

Recommend

CEO approval

Business Outlook

Pros

Upper-level people are super nice and easy to reach out to. Great Work-Life Balance and benefits

Cons

No cons from my end. Or didnt find out

Munich Re Response

1y

Dear former colleague, Thank you for taking the time to share your experience with us. We’re delighted to hear that you appreciate the accessibility of upper-level management, the work-life balance, and the benefits we offer. Your positive feedback is truly appreciated, and we wish you all the best in your future endeavors. Kind regards, Munich Re

4.0

Sep 23, 2024

ML Interview

Ml engineer

Recommend

CEO approval

Business Outlook

Pros

Really Good work life balance

Cons

Company is moving too slow, too tradition

Munich Re Response

1y

Dear former colleague, Thank you for your feedback regarding your experience as an Engineer in Toronto. We are glad to hear that you were satisfied with the work-life balance we offer. Your perspective regarding our company culture and its impact on our work pace is valuable as we are constantly working to improve efficiency. We wish you all the best for your professional and personal future. Kind regards, Munich Re

4.0

Sep 20, 2024

Good company to work for

Actuary

Recommend

CEO approval

Business Outlook

Pros

Salary, work life balance, benefits

Cons

advancement can be a challenge

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your experience with us. We’re delighted to hear that you appreciate the salary, work-life balance, and benefits we offer. We understand that advancement can sometimes be a challenge, and we are always exploring ways to create more growth opportunities for our employees. Your feedback is invaluable, and we’re committed to making continuous improvements. Kind regards, Munich Re

Viewing 184 - 186 of 888 Reviews

Jobs at Munich Re

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

Milano

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

Milano

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