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 outside of dept" ((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

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 Seguro industry (3.6 stars).

Reviews by job title

888 reviews

5.0

Feb 4, 2025

Great company

Anonymous employee

Recommend

Business Outlook

Pros

It is a company that values its employees.

Cons

The risk appetite is relatively conservative.

Munich Re Response

1y

Dear Colleague, Thank you for your positive feedback! We are delighted to hear that you feel valued as an employee. We recognize that our approach to risk management may sometimes feel conservative. We are always open to feedback and encourage you to share any further insights with us at HR-careers@munichre.com. Your perspective is valuable in helping us refine our approach. Kind regards, Munich RE

5.0

Jan 27, 2025

Good place

Data engineer

Recommend

Business Outlook

Pros

Paid lunch, good environment and friendly people.

Cons

Your experience depends strongly on your team.

Munich Re Response

1y

Dear former colleague, Thank you for sharing your feedback about your experience with us. We’re happy to hear that you value the people as well as the overall environment at our company. We understand that experiences can differ depending on the team structure. Please know that we value your insights regarding this as they help us identify potential areas for improvement. Kind regards, Munich Re

4.0

Jan 23, 2025

good working environment but slow progression

Reinsurance underwriter

Recommend

Business Outlook

Pros

extremely good benefits and worklife balance

Cons

slow progression, lack of a structured progression route, promotions are random at best

Munich Re Response

1y

Dear Colleague, Thank you for your feedback. We’re glad to hear that you appreciate the benefits and work-life balance at Munich Re. At the same time, we understand that challenges such as slow and unstructured progression can be frustrating. Please know that we are continuously working to improve our processes and create an environment that fosters growth for all employees. Your input is invaluable in helping us identify areas for improvement, and we truly appreciate your contribution. Kind regards, Munich Re

Viewing 145 - 147 of 888 Reviews

Jobs at Munich Re

Legal Claims Manager (m/f/d*) - Munich RE do Brasil

São Paulo, São Paulo

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Good place

good working environment but slow progression

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