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
Princeton, NJ
Employees
1,450
Founded In
1991
Website
www.munichre.com/us-non-life/en.html
Organization Type
Private
CEO
Dr. 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.

The Organization’s Mission

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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Job Openings
142 Positions
Average Salary
$82,782 yearly

The Team At Munich Reinsurance America, Inc.

Key People

Dr. 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

9.9
Salary Score
The national average salary for a Munich Reinsurance America, Inc. employee in the United States is $82,782 per year. Employees in the top 10 percent can make over $141,000 per year, while employees at the bottom 10 percent earn less than $48,000 per year.
Average Munich Reinsurance America, Inc. Salary
$82,782
yearly
$39.80 hourly
Updated March 16, 2023
Average Employee Earnings
Munich Reinsurance America, Inc.
$82,782
AEGIS Insurance Services
$68,834
Acuity Insurance
$68,063

Highest Paying Jobs At Munich Reinsurance America, Inc.

RankJob TitleAvg. SalaryHourly Rate
1Vice President Of Information Technology$152,604$73
2Director$132,577$64
3Head Of Academic Technology$127,711$61
4Solutions Architect$121,410$58
5Lead Technician$118,153$57
6Data Engineer$112,152$54
7Senior Software Engineer$109,153$52
8Datastage Developer$109,120$52
9Senior ETL Developer$106,531$51
10Unix Administrator$106,304$51
11Data Scientist$105,777$51
12Quality Assurance Lead$101,839$49
13Modeler$101,189$49
14Actuary$99,866$48
15Actuarial Internship$98,432$47
16Project Manager$98,168$47
17Consultant$92,241$44
18Team Leader$89,682$43
19Secretary To The Vice President$86,944$42
20Human Resources Business Partner$86,165$41
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Munich Reinsurance America, Inc. Diversity

9.9
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Munich Reinsurance America, Inc. Gender Distribution

Male
Male
55%
Female
Female
46%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Munich Reinsurance America, Inc. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • 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.

  • On average, employees at Munich Reinsurance America, Inc. stay with the company for 5.5 years.

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Munich Reinsurance America, Inc. Employee Political Affiliation

Munich Reinsurance America, Inc. employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Munich Reinsurance America, Inc. employee was by Mary Casey. Mary Casey donated $18,500 to the Democratic Party.

Munich Reinsurance America, Inc.

Parties

Democratic Party

64.9 %
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Republican Party

35.1 %
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Employee Political Donations
NameJob TitlePartyDonation
Mary CaseyLawyerDemocratic Party$18,500
Varun LumbaMDDemocratic Party$10,675
Patricia CaseyLawyerDemocratic Party$10,450
Dennis ConnollyLawyerDemocratic Party$7,135
David DEERequirements ManagerDemocratic Party$3,650
Gerard FinleyUnderwriterDemocratic Party$3,350
Paul JohnsonActuaryRepublican Party$3,000
Varun LmbaWeather Algorithm ScientistDemocratic Party$2,800
Mark BoveMeteorologistDemocratic Party$2,050
Janet DezubeCAS UWDemocratic Party$1,950
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Munich Reinsurance America, Inc. Employment Videos

Entry as Munich Re graduate trainee

Munich Reinsurance America, Inc. Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Highest Paying Munich Reinsurance America, Inc. Competitors

Competitors of Munich Reinsurance America, Inc. include Teachers Insurance & Annuity Association of America, Swiss Reinsurance America Corporation, and XL America Inc. Employees at Teachers Insurance & Annuity Association of America earn more than most of the competition, with an average yearly salary of $97,488. The employees at Swiss Reinsurance America Corporation earn an average yearly salary of $96,600 per year, and the salaries at XL America Inc average $82,834 per year.
RankCompanyAverage SalaryJobs
1Teachers Insurance & Annuity Association of America$97,488475
2Swiss Reinsurance America Corporation$96,60059
3XL America Inc$82,83478
4Financial Industries Corp.$73,9208
5Nautilus Insurance Group (a W. R. Berkley Company)$69,8390
6AEGIS Insurance Services$68,8348
7Everest Reinsurance Company$68,2470
8Acuity Insurance$68,063181
9Highlands Insurance Group, Inc.$65,5781
10Bristol West Insurance Group$56,6270
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Frequently Asked Questions about Munich Reinsurance America, Inc.

When was Munich Reinsurance America, Inc. founded?

Munich Reinsurance America, Inc. was founded in 1991.

How many Employees does Munich Reinsurance America, Inc. have?

Munich Reinsurance America, Inc. has 1,450 employees.

How much money does Munich Reinsurance America, Inc. make?

Munich Reinsurance America, Inc. generates $1.4B in revenue.

What industry is Munich Reinsurance America, Inc. in?

Munich Reinsurance America, Inc. is in the insurance industry.

What is Munich Reinsurance America, Inc.'s mission?

Munich Reinsurance America, Inc.'s mission statement is "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."

What type of company is Munich Reinsurance America, Inc.?

Munich Reinsurance America, Inc. is a private company.

Who are Munich Reinsurance America, Inc.'s competitors?

Munich Reinsurance America, Inc. competitors include Nautilus Insurance Group (a W. R. Berkley Company), Wisconsin Reinsurance Corporation, Highlands Insurance Group, Inc., Bristol West Insurance Group, ARGONAUT GROUP INC, SCOR Global Life USA Holdings, Inc., Swiss Reinsurance America Corporation, XL America Inc, Acuity Insurance, Everest Reinsurance Company, Financial Industries Corp., XL Reinsurance America Inc, Teachers Insurance & Annuity Association of America, Jefferson National Financial, AEGIS Insurance Services, HAI Group, United Educators.

Who works at Munich Reinsurance America, Inc.?

Dr. Joachim Wenning (CEO)

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Updated March 16, 2023

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.