Does Munich Re pay their employees well?

According to anonymously submitted Glassdoor reviews, Munich Re employees rate their compensation and benefits as 4.0 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?

84% 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 100 reviews)); "Great people outside of dept" ((in 96 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 80 reviews)); "Colleagues are friendly" ((in 46 reviews)); "Good pay and work" ((in 28 reviews))

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

"Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 8 reviews)); "Astonishingly bad leadership , completely absent in a time of crisis with an inability to communicate effectively (month long gaps between comms on staff reduction)." ((in 8 reviews)); "Not enough females in senior management" ((in 6 reviews)); "To little perspective on individual career development" ((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

84% would recommend to a friend

(885 total reviews)

Christoph Jurecka

100% approve of CEO

84% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.0

Diversity & inclusion

4.0

Compensation and benefits

3.6

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.1 out of 5 stars, based on 885 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 Insurance industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

885 reviews

5.0

May 3, 2026

Supportive team and work-life balance, but slow processes

Senior software engineer

Recommend

CEO approval

Business Outlook

Pros

Supportive team and good work-life balance. Flexible working environment and friendly colleagues.

Cons

Limited opportunities to work on more complex or large-scale systems.

Munich Re Response

1mo

Dear colleague, Thank you for sharing your feedback with us! We are glad to hear that you value the supportive team, the flexible working environment, and the work-life balance. At the same time, we take your comment regarding the limited opportunities to work on more complex or large-scale systems seriously. Feedback like this helps us identify areas where we can further enhance development opportunities and provide more challenging projects. Thank you for being part of our team! Kind regards, Munich Re

5.0

Jun 10, 2025

Overall very good company, recently a bit off-track with decisions

Senior software engineer

Recommend

CEO approval

Business Outlook

Pros

- people - salary + bonus - great benefits - lot of company events - only 2 days a week office (good hybrid model) - 2 offices (D1 and D18)

Cons

- recent board decisions very strange - easy to get promoted in the same role (Mid to Senior Dev) but very hard to become more meaningful

Munich Re Response

12mo

Dear colleague, Thank you for taking the time to share your positive feedback about your experience with us. Hearing this from a long-standing team member is especially meaningful. Your perspective is valuable and helps us identify opportunities to further improve as an employer. At Munich Re, we are committed to fostering a workplace where every employee feels valued and has the opportunity to grow. Your insights support that mission, and we truly appreciate your contribution. Kind regards, Munich Re

5.0

Dec 2, 2022

Work experience

Graduate developer

Recommend

CEO approval

Business Outlook

Pros

really good experience working at Munich.

Cons

I can not think of any downside for me at this moment.

Viewing 1 - 3 of 885 Reviews

Jobs at Munich Re

Customer Success Manager

Group Underwriting Consultant

Senior Project Manager

Munich Re

Munich Re reviews

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Reviews by job title

Supportive team and work-life balance, but slow processes

Overall very good company, recently a bit off-track with decisions

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