Munich Re Reviews

Updated July 1, 2015
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3.0
Recommend to a friend
Approve of CEO
Munich Re Chairman, Board of Management Nikolaus von Bomhard
Nikolaus von Bomhard
2 Ratings

4 Employee Reviews

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  1. Actuarial Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Munich Re as an intern

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Relatively strong actuarial team that helps you learn. Good company culture. Good work life balance.

    Cons

    Very bad HR department. They will ask you not to apply to other companies for full time under the treat of taking back their offer. Compensation is poor relative to peers.

    Advice to Management

    None. The company as a whole is on good track.


  2. Good benefits but not good place for cutting edge analytics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Actuarial Consultant in Princeton, NJ
    Former Employee - Actuarial Consultant in Princeton, NJ

    I worked at Munich Re full-time (More than 3 years)

    Neutral Outlook
    No opinion of CEO
    Neutral Outlook
    No opinion of CEO

    Pros

    The company offers above avergae benefits, good work place. The work pace can be hectic but generally there is not too much pressure.

    Cons

    The company does not promote creative thinking. Different departments are held to different standards in terms of work quality. No desire to change the status quo with outdated analytics.

    Advice to Management

    Promote a creative working environment where people can think out of the box. Do not fear change for the better.


  3. Good Company to work for and good culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Intern in Toronto, ON (Canada)
    Current Intern - Intern in Toronto, ON (Canada)

    I have been working at Munich Re as an intern (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    As an intern, you get involved in projects like a permanent employee.
    Work hours are very flexible.
    Overall, good company to work for

    Cons

    The office is relatively small, and there is little openings for new graduates.
    You can be expected to work long hours.

    Advice to Management

    None


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  5. Ok

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Munich Re

    Approves of CEO
    Approves of CEO

    Pros

    It's good to have the company's name on the CV. Good for a first job out of university. They have offices worldwide.

    Cons

    It's a German company. The culture used to be great. It has changed and working there is not as it used to be.



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