Munich Re Mumbai Salaries by 80+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Technical Accounting Manager 8 years exp. · Mumbai (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr
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Actuarial Analyst 2 years exp. · Mumbai (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
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Client Account Manager 6 years exp. · Mumbai (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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Manager 5 - 11 years exp. · Mumbai (4 salaries)	₹19.5 L/yr - ₹27 L/yr
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Senior Manager 8 - 9 years exp. · Mumbai (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
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Human Resource 5 - 7 years exp. · Mumbai (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Assistant Manager 6 - 7 years exp. · Mumbai (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr	1 job opening
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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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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.

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:

Technical Accounting Manager	₹24.3 Lakhs to ₹31 Lakhs per year
Actuarial Analyst	₹11.7 Lakhs to ₹15 Lakhs per year
Client Account Manager	₹13.5 Lakhs to ₹17.2 Lakhs per year
Manager	₹19.5 Lakhs to ₹27 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 85 salaries submitted by Munich Re employees. Munich Re is rated 2.7 out of 5 stars by its employees on the salary and benefits parameter.

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

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