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

1.0

Sep 10, 2017

Learn your job

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Hours were flexible, but only 7.5 hours

Cons

Office gossip, doesn't train well, loud for a certain group, but when other group is loud, then all of a sudden it's a issue and people can't think. Politics, no growth

3.0

Dec 6, 2014

bureaucratic place with stable paychecks

Anonymous

Recommend

CEO approval

Business Outlook

Pros

stable and friendly environment plenty of training opportunities generally work and life balance (flexible working hours is promoted in some areas in recent years)

Cons

bureaucratic management team slow to adapt to market changes networking is overrated...personal growth depends on who you know not how much you know about the job

4.0

Apr 18, 2013

Positive experience, time at MR provided excellent foundation for future.

Underwriting

Recommend

CEO approval

Business Outlook

Pros

Great people, industry leader, job security, commitment to learning and career development, attractive suburban location, attractive compensation.

Cons

Bureaucratic. Internally focused. Ability to play internal politics is essential for promotion. Relationship with parent Company has heavy influence and can be difficult to manage depending on job role.

Viewing 40 - 42 of 892 Reviews

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