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?

"Benefits are good and group look after staff" ((in 100 reviews)); "Great people outside of dept" ((in 94 reviews)); "Great work life balance" ((in 82 reviews)); "Colleagues are friendly" ((in 49 reviews)); "The average salary is good" ((in 26 reviews))

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

"Poor Management and corporate environment" ((in 23 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 11 reviews)); "long hours and demanding projects" ((in 9 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.

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

4.2

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

4.0

Mar 18, 2024

Great Company

Data analytics

Recommend

CEO approval

Business Outlook

Pros

Good People and Work and Life Balance

Cons

A lot of politics. Not easy to grow!

Munich Re Response

Dear colleague, Thank you for reviewing your experience as a Data Analyst in Princeton. Team spirit and a healthy work-life balance are two key factors to feel satisfied at work - we therefore attach great importance to team events, flexible working hours and home office options and are pleased that these points meet your expectations. We are aware that internal political hurdles that come with large organizations like Munich Re can be challenging. Therefore, we aim to foster a positive working environment in which our employees can develop and grow regardless of these conditions. We take your feedback very seriously and encourage you to reach out to your local HR team for more detailed information. Good to have you with us. Warm regards, Munich Re

3.0

Jul 10, 2023

Does not promote people over 50 to 55

Business analyst

Recommend

CEO approval

Business Outlook

Pros

Large company good benefits with good vacation.

Cons

They play the game of being inclusive but you do not break the glass ceiling into AVP and above after the age of 50+. They also like to hire SVP's children that get the fast track to prime positions and promotions.

4.0

Feb 10, 2023

Good Company

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good salary, great benefits and all the national holidays off

Cons

The company doesnt believe in full time remote even though they made alot of money during Covid and the worked remained busy.

Viewing 31 - 33 of 892 Reviews

Jobs at Munich Re

Associate Financial Specialist

Loss Prevention Representative