Munich RE

www.munichre.com

Munich RE Reviews

Updated January 27, 2015
Updated January 27, 2015
23 Reviews
4.0
23 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Munich RE Chairman, Board of Management Nikolaus von Bomhard
Nikolaus von Bomhard
10 Ratings

Employee Reviews

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  1.  

    good environment to work, friendly coworkers who offered instructions

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

    I worked at Munich RE

    Pros

    flexible structure and friendly people to work with, truly high-efficient

    Cons

    not so intensive I guess

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Munich RE

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

    I worked at Munich RE

    Pros

    Very good work life balance, supportive of flexible working hours and working from home. Supportive of educational advancement

    Cons

    Communication between departments poor.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Worked as an actuarial analyst on coop term

    • Comp & Benefits
    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at Munich RE

    Pros

    Good work culture, great and smart people to work with, social events after work.

    Cons

    Could like more directions, training, and feedbacks on performance

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  5.  

    great company!

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

    I have been working at Munich RE full-time

    Pros

    good people. good benefits. great work/life balance

    Cons

    wish there are more formal training

    Advice to ManagementAdvice

    none

  6.  

    Good experience

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

    I worked at Munich RE

    Pros

    Nice culture and senior management.

    Cons

    Not very good compensation and work/life balance. Not easy to get in.

  7.  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loss Control Inspector in Richmond, VA
    Current Employee - Loss Control Inspector in Richmond, VA

    I have been working at Munich RE full-time (more than 5 years)

    Pros

    Good pay and incentives. Work remote from home. Do not report to an office. Great customer interaction.

    Cons

    A lot of driving and medium amount of paperwork.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Good benefits but not good place for cutting edge analytics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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 ManagementAdvice

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

    Neutral Outlook
    No opinion of CEO
  9.  

    Good place to work.

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

    I have been working at Munich RE

    Pros

    Good people who treat their employees fairly and with respect. Compensation is directly linked to performance. Hard working and diligent employees are recognized and appreciated.

    Cons

    Not an easy company to get into.

    Advice to ManagementAdvice

    Management must provide younger and newer talent in the industry and within the company with an opportunity to broaden their experiences.

    Recommends
    Approves of CEO
  10.  

    I was an actuarial analyst there for a summer internship program.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Actuarial Analyst in Beijing, Beijing (China)
    Former Employee - Actuarial Analyst in Beijing, Beijing (China)

    I worked at Munich RE full-time (less than a year)

    Pros

    My manager is very nice. He taught me many things about actuaries and life. Colleagues are friendly, and I felt very comfortable working there.

    Cons

    Because it is a Germany company, it is very conservative. Also, there are many senior people in insurance company.

  11.  

    It is a good place to accumulate experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Beijing, Beijing (China)
    Former Employee - Anonymous Employee in Beijing, Beijing (China)

    I worked at Munich RE as an intern (less than a year)

    Pros

    Supervisor is responsible, and there are a lot of platforms to learn, to practice, to communicate. Everyone is friendly there, and you are encouraged to ask and say out.

    Cons

    Only limited time for internship, and competitors are from various fields.

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