Authoritative, outdated, inauthentic and full of petty politics - Anonymous employee Munich Re Employee Review

1.0
25 Aug 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

1. Good pay and benefits 2. A lot of support during relocation process

Cons

1. Top-Down Management: The company operates with a rigid, "shut up and follow orders" mentality, stifling any employee initiative or input. While still making statements on how they want more proactivity and a more dynamic team. In bad taste dressing their orders as "team" decisions. 2. Prescriptive Working Style: The management enforces an extremely prescriptive way of working, expecting blind obedience and execution followed to the T, while ironically complaining about the lack of proactivity and lack of engagement from the team. (Whatever motivation team had was long dead). Management consistently dismissed any employee suggestions or proactive efforts. 3. Persistent Bullying Ignored: Bullying was a significant issue, I was bullied and I reported it multiple times with no meaningful action taken. Shockingly, this behavior had been ongoing for years, as issue was already previously reported by existing and previous employees. 4. Abrupt Dismissal: I was dismissed for what appeared to be due to me challenging the status quo, and not my actual performance on the job, also giving me almost no notice. I had relocated from another country for this job, and management casually wished me "a nice weekend" after delivering the news.

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Munich Re Response
1y
Dear former colleague, We are sincerely sorry to learn about your dissatisfaction and deeply regret that you had this experience.This situation falls short of our standards and intentions. To help us improve, we kindly ask you to share further details with us at p0060018221@munichre.com. Your feedback is invaluable in helping us address these issues and ensure they do not recur. Kind regards, Munich Re

Explore other reviews about Munich Re

5.0
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CEO approval
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Pros

Great team culture and great benefits

Cons

Corporate venture capital can move a little slower than typical VC

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Munich Re Response
2w
Dear colleague, thank you for taking the time to share your feedback. We are pleased to hear that you experience your team environment positively and that you value both the collaborative culture and the benefits offered. We also take note of your observation regarding the pace of work in a corporate environment. We understand that expectations in this regard can differ depending on individual experience and context. Kind regards, Munich Re
4.0
2 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great bonus and great health and commuter benefits

Cons

A lot of company politics

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Munich Re Response
3w
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,
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