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.

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Munich Re

Munich Re reviews

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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

1.0

Feb 27, 2020

Good stepping stone company for interns and graduates. Don’t stay longer than 1 year.

Devops engineer

Recommend

CEO approval

Business Outlook

Pros

Flexible time. Good work environment. Pension. Health insurance. Life Insurance.

Cons

Salaries are low and kept frozen for over 5 years. Managers don’t care about employees and constantly make false promises to trick people on staying. Only selected people can work from home. Over 20% of employees leaving every year. Contractors are given only 3 months contracts, and are notified at the very last day that their contract won’t be renewed.

1.0

Dec 2, 2022

Racist

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good Salary, Sweet Talk and time space

Cons

They are secretly inefficient to hire people from different nationalities because they would choose to not sponsor visa over a person’s talent, ability and qualifications. Very biased and if this is how a company works then stop sugarcoating and just say we are looking for people from the following nationalities, because that comes first,

2.0

Jul 2, 2021

Slow to change, Bad management

Software engineer

Recommend

CEO approval

Business Outlook

Pros

flexible work life balance, friendly work environment

Cons

Pay below market Rate, poor management, lots of office politics, aging tech stack,

Viewing 1 - 3 of 885 Reviews

Jobs at Munich Re

Customer Success Manager

Group Underwriting Consultant

Senior Project Manager