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.

Munich Re reviews

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

4.0

Jun 3, 2026

Generous benefits overshadowed by frequent redundancies

Test specialist

Recommend

CEO approval

Business Outlook

Pros

A rich company that support staff with world class benefits

Cons

Okay to make redundancies despite having billions in the bank

Munich Re Response

14h

Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you value the benefits offered at Munich Re. At the same time, we take your comments regarding workforce adjustments seriously. We understand that such decisions can be challenging and are experienced differently across the organization. We remain committed to handling such situations responsibly and with care, while continuing to support our employees in the best possible way. Kind regards, Munich Re

4.0

Jun 2, 2026

Great benefits offset by company politics

Technical lead

Recommend

CEO approval

Business Outlook

Pros

Great bonus and great health and commuter benefits

Cons

A lot of company politics

Munich Re Response

14h

Dear colleague, Thank you for sharing your feedback. We’re pleased to hear that you value our benefits, in particular the bonus structure as well as our health and commuter offerings at Munich Re. We also appreciate your perspective regarding the company politics. We understand this is a broad term that can reflect very different individual experiences. If you would like to share more specific insights or examples, we would welcome you to reach out directly via e-mail to HRcareers@munichre.com. Thank you for your contribution during your time with us. Kind regards,

4.0

May 28, 2026

Great culture and benefits, but pay is uncompetitive

No job title yet

Recommend

CEO approval

Business Outlook

Pros

- Great people -Great culture -Great benefits like pensions

Cons

- Feels like salary is not competitive compared to the markets and other roles that are double or even sometime triple the pay

Munich Re Response

5d

Dear colleague, Thank you for sharing your feedback. We’re pleased to hear that you value the people, culture, and benefits at Munich Re. We also appreciate your perspective on compensation. We understand that salary levels are an important factor and that market comparisons can lead to different perceptions. Feedback like this is valuable in helping us understand our colleagues' perspectives and continuously evolve our employee offering. Thank you for being part of our team! Kind regards, Munich Re

Viewing 1 - 3 of 885 Reviews

Jobs at Munich Re

Technical Accountant & Claims Handler NL

Munich Re

Munich Re reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Generous benefits overshadowed by frequent redundancies

Great benefits offset by company politics

Great culture and benefits, but pay is uncompetitive

Jobs at Munich Re

Munich Re reviews FAQs

Want the inside scoop on your own company?

Bowls

Followed companies

Job searches

Munich Re reviews FAQs

Jobs at Munich Re