Toxic culture from the top to the bottom - werkgeversreview Underwriter bij Munich Re

1,0
1 aug 2023
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Starbucks at cafe. Cafeteria serves lunch High school style at Princeton prices.

Minpunten

MR US CEO is arrogant, condescending and egocentric. His direct reports do not bother advising him as he is German and knows everything. They just follow orders. Authorities are words on paper but none in reality. Everyone is micro managed. Different rules for different people. Accelerated career ladders for friends. Interviews are a farce as most often “special people” will get coached for interview by the interviewers. Office politics is overwhelming. Compensation is stagnant and not competitive. Bonus tied to lack of worldwide catastrophes. No bonuses were paid during Covid. Supplies were on the employees dime. pricing tools are antiquated. Layers of work arounds and multiple excel based tools. Blame shifting, managing out vs managing up employees and bullying/ fear tactics best describes management style -driven by CEO. Strategy changes at a whim. Communication is poor. Goals are vague. Careers are capped unless you are German, Risk trainee, or have a friend on BOD mgmt that will send a recommendation.

Ontdek andere reviews over Munich Re

5,0
19 mei 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Good People Team Environment Room for Advancement

Minpunten

Lots of Work at Times Competitive Environment

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Reactie van Munich Re
1w
Dear colleague, Thank you for taking the time to share your feedback. We are pleased to hear that you experienced a supportive team environment and opportunities for professional growth during your internship with Munich Re. We also appreciate your perspective on the workload and the competitive environment as you experienced them during your time with us. Your feedback helps us continuously reflect on how we structure work and support our teams in the best possible way. We wish you all the best for your future career. Kind regards, Munich Re
4,0
2 jun 2026
Aanbevelen
Goedkeuring directeur
Zakelijk vooruitzicht

Pluspunten

Great bonus and great health and commuter benefits

Minpunten

A lot of company politics

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