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?

86% 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?

"Great people in the industry" ((in 96 reviews)); "Benefits are good and group look after staff" ((in 93 reviews)); "Great work/life balance" ((in 81 reviews)); "Colleagues are friendly" ((in 47 reviews)); "It was great team to work with" ((in 27 reviews))

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

"Poor Management and corporate environment" ((in 21 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 12 reviews)); "Office politics can be overwhelming" ((in 11 reviews)); "long hours and demanding projects" ((in 9 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.

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

Munich Re reviews

4.2

86% would recommend to a friend

(892 total reviews)

Christoph Jurecka

100% approve of CEO

83% positive business outlook

Ratings by category

4.3

Work/Life balance

4.1

Culture & values

4.1

Diversity & inclusion

4.1

Compensation and benefits

3.7

Senior management

3.6

Career opportunities

Munich Re has an employee rating of 4.2 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

3.0

May 8, 2013

Hard work doesn't pay

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Used to be a good company before management changed

Cons

You need to have the right connections to move up, hard work doesn't pay off

1.0

May 28, 2025

No career paths

Underwriter

Recommend

CEO approval

Business Outlook

Pros

Nice colleagues. Pockets of helpful colleagues.

Cons

Unfortunately, culture of backstabbing exists and it starts at the upper levels of management. Careers do not exist. Wages are stagnant. IT infrastructure is old.

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your feedback. We’re glad to hear that you value your colleagues and appreciate the relationships you've built over the years. At the same time, we're sorry to learn about your concerns regarding the work culture and IT infrastructure. This is not the experience we strive to provide, and your insights are important in helping us improve. We encourage you to connect with your HR Business Partner to share more about your experience. Your input is valuable as we continue working towards a more supportive and modern workplace. Thank you again for your dedication. Kind regards, Munich Re

2.0

Jun 26, 2024

Corporate

Hr associate

Recommend

CEO approval

Business Outlook

Pros

benefits company campus/location global great opportunity

Cons

managers are not great confusion of company overall since it is so big very slow to get things done

Munich Re Response

2y

Dear former colleague, Thank you for sharing your experience working as an HR Associate in Princeton. We are pleased that you enjoyed our company benefits. However, we do regret the negative experiences you have had at manager level. Respectful and supportive behavior at all levels is particularly important to us. Please do not hesitate to send us more details. Your feedback will help us to follow up on this and avoid experiences like this in the future. Warm regards, Munich Re

Viewing 28 - 30 of 892 Reviews

Jobs at Munich Re

Customer Success Manager

Digital Learning Strategist - SuccessFactors Learning Strategy & Technology

Associate Financial Specialist

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Hard work doesn't pay

No career paths

Corporate

Jobs at Munich Re

Munich Re reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Jobs at Munich Re

Munich Re reviews FAQs