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 102 reviews)); "Great people to work with" ((in 92 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 84 reviews)); "Colleagues are friendly" ((in 53 reviews)); "The average salary is good" ((in 28 reviews))

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

"long hours and demanding projects" ((in 10 reviews)); "bad leadership and working environment" ((in 10 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "There is no clear career development." ((in 8 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 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 Seguro industry (3.6 stars).

Reviews by job title

888 reviews

3.0

Feb 25, 2025

Need more structure

Underwriting analyst

Recommend

Business Outlook

Pros

Only 2 days in the office, get to wear jeans, free drinks and snacks. 24 PTO, 2 Volunteer Days., Friendly people. Good pay and decent benefits

Cons

Self-service training approach with very few training materials! , No development program for cross-training roles or for a UA to get into Underwriting. Lacking collaboration and communication between departments. Very, very manual processes but working towards building systems.

Munich Re Response

1y

Dear Colleague, Thank you for sharing your feedback and for highlighting the positive aspects of your experience, such as home office flexibility, benefits, and team culture. We understand your concerns regarding training, communication, and reliance on manual processes. Continuous learning and collaboration are essential to us, and we appreciate your input on how we can enhance these areas. We strive to continuously improve and create a more efficient work environment for all employees. If you have further insights or suggestions, we’d love to hear from you at HR-careers@munichre.com. Your feedback is invaluable in helping us grow. Kind regards, Munich Re

2.0

Feb 19, 2025

Decent place to work

Actuary

Recommend

Business Outlook

Pros

Good work life balance with some really great managers

Cons

Pay is not that great

Munich Re Response

1y

Dear colleague, Thank you for taking the time to leave your feedback. We are glad to hear that you enjoy the work-life balance at our company and value our leadership. We are constantly trying to improve as an employer and therefore value your statement about your salary. Please know that we take this seriously and understand that fair compensation for all employees is essential. If you want to share further details on this with us, feel free to reach out: HR-careers@munichre.com. Your insights are invaluable in helping to identify potential areas for improvement. Kind regards, Munich Re

4.0

Feb 18, 2025

Technical Accountant

Technical accountant

Recommend

Business Outlook

Pros

Flexibility, time management, independence, home office

Cons

Salaries are not high enough

Munich Re Response

1y

Dear Colleague, Thank you for your feedback! We’re glad to hear that you appreciate the flexibility, time management, and independence in your role. We understand that fair compensation is an important factor. Please know that we regularly assess our salary structures to remain competitive within the industry and ensure fair compensation for our employees. Your input is valuable, and we truly appreciate your perspective. Feedback like yours helps us continue to improve and evolve as a company. Kind regards, Munich Re

Viewing 136 - 138 of 888 Reviews

Jobs at Munich Re

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São Paulo, São Paulo

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Munich Re

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Need more structure

Decent place to work

Technical Accountant

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