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Working at Munich Reinsurance America, Inc.

Zippia score 4.9

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Munich Reinsurance America, Inc. overview

Industry
Insurance
Revenue
$1.4B
Headquarters
Employees
1,450
Founded in
1991
Website
Organization type
Private
CEO
Joachim Wenning
Munich Re America Corporation is a holding company. The company, through its subsidiaries, provides property and casualty reinsurance and insurance services. The company was formerly known as American Re Corporation and changed its name to Munich Re America Corporation in September 2006. The company was incorporated in 1991 and is based in Princeton, New Jersey. Munich Re America Corporation operates as a subsidiary of Munich-American Holding Corporation.
The staff at Munich Reinsurance America, Inc. come from unusually diverse demographic backgrounds. The company is 45.5% female and 47.0% ethnic minorities. Munich Reinsurance America, Inc. employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 64.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Munich Reinsurance America, Inc. seem to be happy. The company has great employee retention with staff members usually staying for 5.5 years.The average employee at Munich Reinsurance America, Inc. makes $82,782 per year, which is competitive for its industry and location. Some of its highest paying competitors, Teachers Insurance & Annuity Association of America, Swiss Reinsurance America Corporation, and XL America Inc, pay $97,488, $96,600, and $82,834, respectively.
A large insurance company with 1,450 employees and an annual revenue of $1.4B, Munich Reinsurance America, Inc. is headquartered in New Jersey.

Munich Reinsurance America, Inc.'s mission statement

To value and leverage the full potential of our employees by building leadership capabilities, empowering a diverse workforce and creating an inclusive workplace. We encourage diversity in the workplace and promote an inclusive environment, which helps drive growth in our business.

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1.0/5

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Munich Reinsurance America, Inc. employee reviews

Munich Reinsurance America, Inc. employee reviews
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A zippia user wrote a review on Jul 2023
Pros of working at Munich Reinsurance America, Inc.

Starbucks coffee in the cafe.

Cons of working at Munich Reinsurance America, Inc.

Toxic culture. Salary and compensation packages are not competitive. Tools are antiquated. Careers are stagnant. Revolving door of German Managemet into US

Munich Reinsurance America, Inc. benefits

No perks in the US. We are even expected to work on US holidays.

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The team at Munich Reinsurance America, Inc.

  • The key people at Munich Reinsurance America, Inc. is Joachim Wenning.
Key people
Joachim Wenning

Munich Reinsurance America, Inc. rankings

Munich Reinsurance America, Inc. is ranked #27 on the Best companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Munich Reinsurance America, Inc. salaries

Average Munich Reinsurance America, Inc. salary
$82,782
yearly
$39.80 hourly
Updated March 14, 2024

Evaluate Munich Reinsurance America, Inc.'s commitment to diversity and inclusion.

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Munich Reinsurance America, Inc. diversity

9.9
Diversity score
We calculated Munich Reinsurance America, Inc.’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Munich Reinsurance America, Inc.’s workforce.
Munich Reinsurance America, Inc. diversity summary. Zippia estimates Munich Reinsurance America, Inc.'s demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Munich Reinsurance America, Inc.'s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Munich Reinsurance America, Inc.'s workforce.
  • Munich Reinsurance America, Inc. has 1,450 employees.
  • 46% of Munich Reinsurance America, Inc. employees are women, while 54% are men.
  • The most common ethnicity at Munich Reinsurance America, Inc. is White (53%).
  • 19% of Munich Reinsurance America, Inc. employees are Asian.
  • 13% of Munich Reinsurance America, Inc. employees are Hispanic or Latino.
  • The average employee at Munich Reinsurance America, Inc. makes $82,782 per year.
  • Munich Reinsurance America, Inc. employees are most likely to be members of the democratic party.
  • Employees at Munich Reinsurance America, Inc. stay with the company for 5.5 years on average.

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Munich Reinsurance America, Inc. financial performance

9.8
Performance score

Highest paying Munich Reinsurance America, Inc. competitors

Compare Munich Reinsurance America, Inc. salaries to competitors, including Teachers Insurance & Annuity Association of America, Swiss Reinsurance America Corporation, and XL America Inc. Employees at Teachers Insurance & Annuity Association of America earn the highest average yearly salary of $97,488. The salaries at Swiss Reinsurance America Corporation average $96,600 per year, and the salaries at XL America Inc come in at $82,834 per year.
RankCompanyAverage salaryJobs
1$97,4880
2$96,6000
3$82,8340
4$73,9200
5$69,8390
6$68,8340
7$68,2470
8$68,0630
9$65,5780
10$56,6270
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Munich Reinsurance America, Inc., including salaries, political affiliations, employee data, and more, in order to inform job seekers about Munich Reinsurance America, Inc.. The employee data is based on information from people who have self-reported their past or current employments at Munich Reinsurance America, Inc.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Munich Reinsurance America, Inc.. The data presented on this page does not represent the view of Munich Reinsurance America, Inc. and its employees or that of Zippia.

    Munich Reinsurance America, Inc. may also be known as or be related to Munich RE America Corporation, Munich Re, Munich Re America Corporation and Munich Reinsurance America, Inc.