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 (79) , Underwriter (55) , Actuarial Analyst (28) , Internship (27) , Actuary (25) , Actuarial Intern (19) , Business Analyst (17) , Data Scientist (17) , Analyst (14) , Data Analyst (13) , Praktikant/in (13) , Senior Underwriter (13) , 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 96 reviews)); "Great people in the industry" ((in 95 reviews)); "Good work life balance and some people travel v frequently with no budget constraints" ((in 85 reviews)); "Colleagues are friendly" ((in 49 reviews)); "Good work environment." ((in 26 reviews))

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

"Poor Management and corporate environment" ((in 22 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 11 reviews)); "Office politics can be overwhelming" ((in 10 reviews)); "long hours and demanding projects" ((in 8 reviews)); "There is no clear 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.

What are the top reviewed Munich Re locations?

Princeton , New York , Atlanta , Chicago , Hartford , Philadelphia , Amelia , Cincinnati , Plainsboro , Schaumburg , San Francisco , King of Prussia , Newark , Elon , Raleigh , China , Houston , Seattle , Carlisle , Bradenton , Boston , Alpharetta , Duluth , The Woodlands , Penn Hills , North Princeton , Lordstown

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Munich Re

Munich Re reviews

4.1

85% would recommend to a friend

(892 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

Diversity & inclusion

4.1

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 892 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

892 reviews

5.0

Jul 16, 2026

Nice place to work with no downsides

Underwriting assistant

Recommend

CEO approval

Business Outlook

Pros

good to work at, nice

Cons

no cons at all , great

4.0

Jul 15, 2026

Great work-life balance but high commute costs

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

Good work life balance Flexible working Friendly team Industry Experts

Cons

Commute cost is large Lots of meetings

5.0

Jul 8, 2026

Excellent company - engineering would thrive with more technical decision-making authority

Data engineer

Recommend

CEO approval

Business Outlook

Pros

-well structured - good starting salary & benefits - global company - great top leadership -many exceptionally talented engineers & top leaders

Cons

- middle management makes technical decisions without the expertise to do so, while senior leadership is strong but disconnected from day-to-day engineering work; engineers are implementers, not partners in shaping strategy

Munich Re Response

Dear colleague, Thank you for taking the time to share your detailed feedback. We are pleased to hear that you value Munich Re's global environment, our structured way of working, and the opportunities to collaborate with talented colleagues across the organization. We also appreciate your thoughtful reflections on technical decision-making and the role of engineers in shaping solutions. Perspectives such as yours are important as we continuously evolve our ways of working and foster collaboration across different levels of the organization. Thank you for being part of Munich Re and for contributing to our shared success. Kind regards, Munich Re

Viewing 1 - 3 of 892 Reviews

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