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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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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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 to its employees?

The average annual salary at Munich Re varies depending on the role, experience, and location. The salary ranges for some popular designations at Munich Re, are as follows:

Data Scientist	₹9.5 Lakhs to ₹22 Lakhs per year
Technical Accountant	₹6 Lakhs to ₹8 Lakhs per year
Underwriter	₹20 Lakhs to ₹50 Lakhs per year
Client Manager	₹15 Lakhs to ₹31 Lakhs per year

The highest-paying role, Underwriter, earns between ₹20 Lakhs to ₹50 Lakhs per year. The top 10% of employees earn more than ₹42 Lakhs per year, and the top 1% earn over ₹1.1 Lakhs per year. Salaries at Munich Re can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 135 salaries submitted by Munich Re employees. Munich Re is rated 3.5 out of 5 stars by its employees on the salary and benefits parameter.

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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.