Munich Re Salaries by 100+ Employees (Updated 2025)

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BFSI, Investments & Trading Finance & Accounting Administration & Facilities Data Science & Analytics + 4 more

Designation	Avg Annual Salary	Open Jobs
Data Scientist 2 - 6 years exp. (7 salaries)	₹9.5 L/yr - ₹22 L/yr
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Technical Accountant 0 - 8 years exp. (7 salaries)	₹6 L/yr - ₹8 L/yr
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Underwriter 9 - 12 years exp. (5 salaries)	₹20 L/yr - ₹50 L/yr
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Client Manager 6 - 15 years exp. (5 salaries)	₹15 L/yr - ₹31 L/yr
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Senior Data Scientist 5 - 8 years exp. (4 salaries)	₹23.5 L/yr - ₹30 L/yr
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Administration Assistant 2 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹4.3 L/yr
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Actuarial Analyst 1 - 2 years exp. (4 salaries)	₹11 L/yr - ₹13 L/yr
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Accountant 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.4 L/yr
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Administration Executive 6 - 10 years exp. (3 salaries)	₹4.8 L/yr - ₹7.2 L/yr
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HR Specialist 3 - 5 years exp. (3 salaries)	₹9 L/yr - ₹12.5 L/yr
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Senior Manager Finance 9 - 10 years exp. (AmbitionBox Estimate)	₹21.2 L/yr - ₹27 L/yr
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Project Coordinator 5 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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AVP 16 - 18 years exp. (AmbitionBox Estimate)	₹36.9 L/yr - ₹47.2 L/yr
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Account Assistant 2 - 3 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Regional Business Manager 14 years exp. (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr
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Actuarial Manager 10 - 12 years exp. (AmbitionBox Estimate)	₹33.8 L/yr - ₹43.1 L/yr
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Software Engineer 1 year exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
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Data Analyst 2 - 3 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
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Head Human Resources 19 - 26 years exp. (AmbitionBox Estimate)	₹32.9 L/yr - ₹42 L/yr
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Agriculture Manager 3 - 6 years exp. (AmbitionBox Estimate)	₹20.3 L/yr - ₹25.9 L/yr
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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Salary related reviews for Munich Re

3.5

Rated by 10 employees for salary & benefits

Data Science Intern in The Capital, BKC, Mumbai

Intern

Data Science & Analytics Department

5.0

• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

The exposure and appreciation one can get here is tremendous. If you want to learn and grow this is one of the best organisations that comes with really good culture, complete work and personal life balance lastly with highly supportive, energy packed and cheerful managers and colleagues.

Salary - Excellent

+6 more

Dislikes

I am working here since last 5 months and I personally didn't find anything that to say about what dislike. Even colleagues from my department and other departments would also talk same. But again this experience may vary person to person.

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Munich Re Salary FAQs

How much does Munich Re pay per year?

The average Munich Re salary ranges from approximately ₹2.5 Lakhs to ₹4.3 Lakhs per year for a Administration Assistant and ₹20 Lakhs to ₹50 Lakhs per year for a Underwriter. Salary estimates are based on 135 Munich Re salaries received from various employees of Munich Re. Munich Re employees rate the overall salary and benefits package 3.5/5 stars.

What is the highest salary in Munich Re?

The highest-paying job at Munich Re is a Underwriter with a salary of ₹20 Lakhs to ₹50 Lakhs per year. The top 10% of employees earn more than ₹42 lakhs per year. The top 1% earn more than a whopping ₹106 lakhs per year.

What is the minimum salary in Munich Re?

Minimum salary at Munich Re depends on the role you are applying for. For Accountant the minimum salary is ₹3 Lakhs to ₹3.4 Lakhs per year, and for Administration Assistant the minimum salary is ₹2.5 Lakhs to ₹4.3 Lakhs per year and so on.

What is the notice period at Munich Re?

According to AmbitionBox, 45% of the Munich Re employees reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 58 responses on AmbitionBox in last 2 years.

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Munich Re Salaries by Location

Average annual salary in Munich Re is INR . Salary estimates are based on 135 Munich Re latest salaries received from various employees of Munich Re.