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 (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 94 reviews)); "Great people in the industry" ((in 86 reviews)); "Colleagues are friendly" ((in 47 reviews)); "The average salary is good" ((in 32 reviews)); "Good work environment and business model" ((in 23 reviews))

What are the cons of working at Munich Re according to real employee 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)); "team turnover is extremely high and there is no career development in there." ((in 8 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?

Toronto , Midtown Toronto , Markham , North Vancouver

Munich Re reviews

4.1

85% would recommend to a friend

(886 total reviews)

Christoph Jurecka

100% approve of CEO

82% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Munich Re has an employee rating of 4.1 out of 5 stars, based on 886 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).

Reviews by job title

886 reviews

5.0

Feb 5, 2026

Decent Pay

Data engineer

Recommend

CEO approval

Business Outlook

Pros

Decent pay and great benefits

Cons

No big cons, all good

Munich Re Response

4mo

Dear colleague, Thank you for taking the time to share your feedback with us! We are pleased to hear that you are satisfied with the salary and benefits provided. We truly appreciate your contributions and dedication, and look forward to your continued success at Munich Re. Kind regards, Munich Re

5.0

Sep 30, 2025

Great company in all aspects imaginable!

Manager finance

Recommend

CEO approval

Business Outlook

Pros

Great company in all aspects imaginable!

Cons

Complex global structure (norm of any multinational company)

Munich Re Response

8mo

Dear colleague, Thank you for sharing your positive feedback about your experience with us. We’re delighted to hear that you see Munich Re as a great employer. We also appreciate your comments about our global structure. We understand that working in such a diverse and international environment can sometimes bring complexity, and we are continuously striving to make our processes more efficient and seamless. Thank you for being part of our team and for the valuable contributions you make every day. Kind regards, Munich Re

5.0

May 30, 2025

Good working environment

Data analyst

Recommend

CEO approval

Business Outlook

Pros

Good working environment and good benefit.

Cons

Base salary and bonus are not competitive.

Munich Re Response

1y

Dear colleague, Thank you for taking the time to share your feedback. We’re pleased to hear that you value the working environment and benefits at Munich Re. We also appreciate your perspective regarding compensation. Your input helps guide our ongoing efforts to ensure that our salary as well as bonus practices remain competitive and aligned with employee expectations. We’re glad to have you with us! Kind regards, Munich Re

Viewing 1 - 3 of 886 Reviews

Jobs at Munich Re

Specialist: Technical Actuarial Support

Canada

·

CA$122K - CA$159K /yr

(Employer provided)

View job

Senior Actuarial Associate

Toronto

·

CA$112K - CA$146K /yr

(Employer provided)

View job

Munich Re

Munich Re reviews

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Decent Pay

Great company in all aspects imaginable!

Good working environment

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