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 101 reviews)); "Great people to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 90 reviews)); "Colleagues are friendly" ((in 52 reviews)); "Good work environment and business model" ((in 25 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 12 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 9 reviews)); "bad leadership and working environment" ((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.

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 Assicurazioni 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

4.0

Mar 26, 2024

Nice place to work

Executive assistant

Recommend

CEO approval

Business Outlook

Pros

Nice team environment. Work life balance

Cons

Better communication from team members.

Munich Re Response

2y

Dear former colleague, Thank you for sharing your experience as an Executive Assistant in Philadelphia with us. A positive team spirit and a good work-life balance are essential for feeling comfortable at work. Therefore, we foster these elements by offering team-building measures and the opportunity to work from home. We are pleased that these points met your expectations. In addition, we take your feedback regarding team communication very seriously, as we see transparent and continuous exchange as essential in order to achieve optimal results together. Thank you for sharing this point with us. Please do not hesitate to contact us if you have any further feedback. We wish you all the best for your future. Warm regards, Munich Re

3.0

Mar 22, 2024

If you can stand insurance

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

good benefits okayish pay nice office

Cons

big corporate culture slow pace

Munich Re Response

2y

Dear former colleague, Thank you for taking the time to share your feedback with us. We are pleased that you were able to take advantage of the employee benefits we offer, and that the work environment met your expectations. Our aim as an employer is to ensure that our employees benefit from a variety of offers, such as pension schemes and individual development opportunities. We regret that you perceived the organization as slow paced and take your feedback seriously on our journey to continuously improve. Please do not hesitate to contact us if you have any further feedback. We wish you all the best for your future. Warm regards, Munich Re

5.0

Mar 22, 2024

Good

Internship

Recommend

CEO approval

Business Outlook

Pros

Nice working culture and networking opportunities

Cons

Have not noticed any yet

Munich Re Response

2y

Dear colleague, Thank you very much for your positive feedback regarding your experience as an intern with us. As an employer, we aim to create an appreciative working environment for and support individual development opportunities. We are delighted that you benefit from our networking events and that you enjoy working at Munich Re. Good to have you with us. Warm regards, Munich Re

Viewing 262 - 264 of 888 Reviews

Jobs at Munich Re

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

Milano

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Munich Re

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Nice place to work

If you can stand insurance

Good

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