Munich Re Reviews | Glassdoor

Munich Re Reviews

5 reviews

Filter

Filter


1.0
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Munich Re CEO Joachim Wenning
Joachim Wenning
0 Ratings

5 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
  • Decision making can be a very tedious and long-winded process (in 4 reviews)

  • No cons, opportunities for growth are provided to all (in 4 reviews)

More Pros and Cons

  1. Helpful (3)

    "Still an Old boys club"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Princeton, NJ
    Current Employee - Manager in Princeton, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Campus, cafeteria, makes money despite itself.

    Cons

    Cuts and more cuts to benefits. leadership is stale. seems stuck in the past, claims to be innovative but with staff that has been there for 20 to 30 years on average, it's just a ploy to get customers from a dry pool. Median age of employee is in the low 50s. Sightings of Millennials is rare. Closely networked employees are the only ones who get promos, gridlocked organization due to legacy/older employees.

    Advice to Management

    Diversity is big talk, hire people from outside the industry and you may begin to see what diversity is. Loyalty to the legacy worker isn't helping anyone. The need to clean house is evident.


  2. Helpful (1)

    "Downhill"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Princeton, NJ
    Current Employee - Anonymous Employee in Princeton, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    not much, Glass ceiling prevents, benefits cut and cut.

    Cons

    No opportunity unless your connected. Politics in the old boys club. Promotions nonexistent.

    Advice to Management

    Get with the times.


  3. Helpful (2)

    "Munich RE America, King of Prussia, PA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Support in King of Prussia, PA
    Former Employee - Customer Support in King of Prussia, PA
    Doesn't Recommend
    No opinion of CEO

    I worked at Munich Re full-time (Less than a year)

    Pros

    Average Christmas Party. Ergonomic desk chairs. Clean offices. 401K plan after one year.

    Cons

    Disregard of any previous corporate office experience you may value.
    Back-stabbing sweatshop with "unattainable requirements" (job load here).
    Physical violence occasionally.
    Better than minimum wage.

    Advice to Management

    You know better.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Company culture not great"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in Toronto, ON (Canada)
    Former Contractor - Anonymous Contractor in Toronto, ON (Canada)
    Doesn't Recommend
    Neutral Outlook

    I worked at Munich Re as a contractor (More than 3 years)

    Pros

    Downtown Toronto location, competitive salaries, education support and advancement opportunities for actuaries, good benefits and company pension plan.

    Cons

    Work/life balance, teamwork & cooperation, paternalistic attitude of senior management

    Advice to Management

    Employees notice when you are nice to your peers and supervisors but are jerks to your subordinates. You lose the trust and respect of the people around you and morale suffers. You play favourites and hard-working employees figure, "why bother"? And the 1950's obsession with having your butt in your chair from 9 to 5 Monday to Friday? It's the 21st century - embrace technology, trust your people and embrace telecommuting.


  6. "co-op experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    Pros

    working with professionals, get to know the field in different aspects, goal oriented working groups, comfortable working enviroment. nice people

    Cons

    smaller group in canada, but strong support from head quarter. client focused consaltant, need to have strong communication stills at work

    Advice to Management

    not much to say, i mean u know, like i have been busy with other things, all i know is that peopler work there are very nice


Showing 5 of 159 reviews
Reset Filters