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Munich Re (Group) is a Reinsurance company founded in Munich, Germany, in 1880. It is a financial service that offers reinsurance, primary insurance, and asset management. So, it would not be wrong to say that Munich Re provides insurance-related risk solutions worldwide. Apart from it, it also stands for its customer for extraordinary risks. It assists in risks such as from space rocket launching to cyber-attacks risk. It provides services in all kinds of threats the people face in their routine to a tough life. Munich Re gives opportunities to the people who are economists, lawyers, graduated in IT or Mathematics, or Engineer. It provides incentives to the employees, along with benefits. There are around 39,662 employees of the company in six continents of the world.
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Team
Professional experience
Professional Growth
How many years of experience do Munich Re (Group) employees have before joining?
Years of experience at Munich Re (Group): Newcomers: 21%, Experiencers: 13%, Experts: 14%, Veterans: 52%. Munich Re (Group) employees have 8+ years experience on average before joining.
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Professional Growth
Where did Munich Re (Group) employees work before joining?
Where they've worked before Munich Re (Group): AIG, American Modern Insurance, American Re-Insurance Company. Typical Munich Re (Group) employees have worked at AIG.
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AIG
American Modern Insurance
American Re-Insurance Company
Professional Growth
What industries did Munich Re (Group) employees work in previously?
Industry Background: The most typical industries of Munich Re (Group): Insurance Agency & Brokerage Firms, Direct Insurance Companies, Finance & Insurance Companies, Commercial Banking Companies, Computer Systems Design Companies. Munich Re (Group) employees most likely come from a Insurance Agency & Brokerage Firms industry background.
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Professional Growth
Where did Munich Re (Group) employees work before joining?
Past employers' size at Munich Re (Group): Small: 26%, Medium: 12%, Large: 62%. Most Munich Re (Group) employees have previously worked at large companies.
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Educational background
Educational background
What did employees at Munich Re (Group) study?
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Top educational institutions
Where did employees at Munich Re (Group) study?
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Employee data
Professional Growth
How long do people stay in a role at Munich Re (Group)?
Time employed at Munich Re (Group): <1: 15%, 1-3: 19%, 4-8: 24%, 9-13: 18%, 14-20: 14%, 20+: 10%. Most Munich Re (Group) employees stay with the company for 4-8 years which is the same as the industry average.
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Culture & Values
How does Munich Re (Group) rank for age & gender diversity?
Gender ratio at Munich Re (Group): 60.6% Male and 39.4% Female. Age ratio at Munich Re (Group): 16-20: 0%, 21-30: 32%, 31-40: 25%, 41-50: 16%, 51-60: 22%, 60+: 5%. Munich Re (Group) rates - 3.6% less female than the industry average. Most Munich Re (Group) employees are 21-30, which is below the industry median age range.
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Professional Growth
What are the top roles at Munich Re (Group)?
Top roles of Munich Re (Group): Vice President, Actuary, Underwriting Analyst, Executive Assistant, Compliance Analyst. The top role at Munich Re (Group) is Vice President.
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Vice President
Actuary
Underwriting Analyst
Executive Assistant
Compliance Analyst
Career advancement
Professional Growth
How does Munich Re (Group) rank for career advancement?
Career advancement at Munich Re (Group): low. Munich Re (Group) ranks low for career advancement which is same as the industry average.
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Professional Growth
What companies do Munich Re (Group) employees go on to work at?
Future employers of Munich Re (Group): American Modern Insurance, Aon, Buck Consultants, Chubb, Crum & Forster. People who work at Munich Re (Group) most typically go on to work for the American Modern Insurance.
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American Modern Insurance
Aon
Buck Consultants
Chubb
Crum & Forster
