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Munich Re

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4.0

based on 10 Reviews

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Mumbai
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Munich Re Salaries in Mumbai (Updated 2025)

based on 85 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Administration & Facilities Human Resources + 1 more
Designation Avg Annual Salary Open Jobs

Technical Accountant

0 - 8 years exp. · Mumbai (7 salaries)
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₹6 L/yr - ₹8 L/yr

Data Scientist

4 - 6 years exp. · Mumbai (4 salaries)
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₹15 L/yr - ₹22 L/yr

Client Manager

6 - 15 years exp. · Mumbai (4 salaries)
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₹15 L/yr - ₹28 L/yr

Administration Assistant

2 - 6 years exp. · Mumbai (4 salaries)
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₹2.5 L/yr - ₹4.3 L/yr

Starting your career? Discover Munich Re fresher salaries in India

Underwriter

9 - 10 years exp. · Mumbai (3 salaries)
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₹20 L/yr - ₹29 L/yr

Accountant

2 - 5 years exp. · Mumbai (3 salaries)
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₹3 L/yr - ₹3.4 L/yr

Administration Executive

6 - 10 years exp. · Mumbai (3 salaries)
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₹4.8 L/yr - ₹7.2 L/yr

HR Specialist

3 - 5 years exp. · Mumbai (3 salaries)
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₹9 L/yr - ₹12.5 L/yr

Senior Data Scientist

6 - 7 years exp. · Mumbai (AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.8 L/yr

Senior Manager Finance

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹21.2 L/yr - ₹27 L/yr

Project Coordinator

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Regional Business Manager

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹36 L/yr - ₹46 L/yr

Actuarial Manager

10 - 12 years exp. · Mumbai (AmbitionBox Estimate)
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₹33.8 L/yr - ₹43.1 L/yr

Head Human Resources

19 - 26 years exp. · Mumbai (AmbitionBox Estimate)
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₹32.9 L/yr - ₹42 L/yr

IT Product Manager

10 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.8 L/yr

MIS Executive and Analyst

6 - 7 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

MIS Executive and Vba Developer

7 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr

SAP BW Hana Consultant

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

CFO

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹76 L/yr - ₹84 L/yr

Finance Manager

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

Last Updated: 8 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (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

2.7

Rated by 5 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.

read more
  • 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.

read more
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Know more about Munich Re Mumbai

More about working at Munich Re

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 85 Munich Re salaries received from various employees of Munich Re. Munich Re employees rate the overall salary and benefits package 2.7/5 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 in Mumbai?
According to AmbitionBox, 47% of the Munich Re employees in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

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Average annual salary in Munich Re , Mumbai is INRunlock blur . Salary estimates are based on 85 Munich Re latest salaries received from various employees of Munich Re.

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