Munich Re Group (Munich Reinsurance Company, German: Münchener Rück; Münchener Rückversicherungs-Gesellschaft) is a reinsurance company based in Munich, Germany. It is one of the world's leading reinsurers.ERGO, a Munich Re subsidiary, is the Group's primary insurance arm. Munich Re's shares are listed on all German stock exchanges and on the Xetra electronic trading system. Munich Re is included in the DAX index at the Frankfurt Stock Exchange, the Euro Stoxx 50, and other indices
The staff at Munich Reinsurance America come from unusually diverse demographic backgrounds. The company is 43.1% female and 47.3% ethnic minorities. Munich Reinsurance America employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 60.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Munich Reinsurance America seem to be happy. The company has great employee retention with staff members usually staying for 5.7 years.The average employee at Munich Reinsurance America makes $80,084 per year, which is competitive for its industry and location. Some of its highest paying competitors, Swiss Reinsurance America, Ullico, and Executive Risk, pay $97,515, $76,080, and $75,240, respectively.
Based in New Jersey, Munich Reinsurance America is a key player in the insurance industry with 1,000 employees and an annual revenue of $1.4B.
The Organization’s Mission
To be an indispensable partner to customers by being the leading provider of equipment breakdown and other technical insurance products and services.
Anthony J. Kuczinski (President and Chief Executive Office)
Munich Reinsurance America Company Rankings
Munich Reinsurance America is ranked #37 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.
The national average salary for a Munich Reinsurance America employee in the United States is $80,084 per year. Employees in the top 10 percent can make over $154,000 per year, while employees at the bottom 10 percent earn less than $41,000 per year.
The average employee at Munich Reinsurance America earns a yearly salary of $80,084 per year, but different jobs can earn drastically different salaries.The higher paying positions at Munich Reinsurance America include Vice President & General Manager, Director, Vice President Of Information Technology, and Head Of Academic Technology.A typical Vice President & General Manager salary at Munich Reinsurance America is $247,688 per year.Some of the other roles at Munich Reinsurance America are Receptionist and File Clerk. A worker with the title Receptionist at Munich Reinsurance America earns an average salary of $28,094 per year.
On average, employees at Munich Reinsurance America stay with the company for 5.7 years. Employees most commonly join Munich Reinsurance America after leaving American International Group. When they leave Munich Reinsurance America, they most frequently get their next job at JPMorgan Chase & Co..
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.
Of the 1,000 employees at Munich Reinsurance America, 14.3% attended Rutgers, The State University of New Jersey. Employees at Munich Reinsurance America most frequently majored in Business, and most employees’ highest level of education is a Bachelors.
Schools
Rutgers, The State University of New Jersey
14.3 %
New York University
8.9 %
Montclair State University
8.9 %
Majors
Business
21.9 %
Computer Science
13.7 %
Accounting
13.1 %
Degrees
Bachelors
62.3 %
Associate
15.0 %
Masters
11.4 %
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Munich Reinsurance America Employee Political Affiliation
Munich Reinsurance America employees are most likely to be members of the Democratic Party.
The largest donation made to a political party by a Munich Reinsurance America employee was
by Mary Casey. Mary Casey donated
$18,500 to the Democratic Party.
Munich Reinsurance America
Parties
Democratic Party
60.0 %
-
Republican Party
40.0 %
-
Employee Political Donations
Name
Job Title
Party
Donation
Mary Casey
Lawyer
Democratic Party
$18,500
Patricia Casey
Lawyer
Democratic Party
$10,850
Dennis Connolly
Lawyer
Democratic Party
$7,135
Gerard Finley
Underwriter
Democratic Party
$3,350
Paul Johnson
Actuary
Republican Party
$3,000
Mark Bove
Meteorologist
Democratic Party
$2,050
Laura Jobe
Information Requested Per Best EFF
Republican Party
$2,000
Janet Dezube
CAS UW
Democratic Party
$1,950
Martin Neuhaus
Manager
Democratic Party
$1,500
David Beebe
Vice President
Republican Party
$1,279
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Munich Reinsurance America Employment Videos
Working at American Modern
Munich Re - Fascination Reinsurance
International Graduate Trainee Programme
Munich Re entry as an intern
Munich Reinsurance America Financial Performance
9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.
Revenue
> $1B
Founded in
1917
Organization type
Public
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Munich Reinsurance America Competitors
Based on our research, similar companies to Munich Reinsurance America are Swiss Reinsurance America, Ullico, and Executive Risk.Employees at Swiss Reinsurance America earn more than most of the competition, with an average yearly salary of $97,515.The employees at Ullico earn an average yearly salary of $76,080 per year, and the salaries at Executive Risk average $75,240 per year.
Frequently Asked Questions about Munich Reinsurance America
When was Munich Reinsurance America founded?
Munich Reinsurance America was founded in 1917.
How many Employees does Munich Reinsurance America have?
Munich Reinsurance America has 1,000 employees.
How much money does Munich Reinsurance America make?
Munich Reinsurance America generates $1.4B in revenue.
What industry is Munich Reinsurance America in?
Munich Reinsurance America is in the insurance industry.
What is Munich Reinsurance America's mission?
Munich Reinsurance America's mission statement is "To be an indispensable partner to customers by being the leading provider of equipment breakdown and other technical insurance products and services."
What type of company is Munich Reinsurance America?
Munich Reinsurance America is a public company.
Who are Munich Reinsurance America's competitors?
Munich Reinsurance America competitors include White Mountains Insurance Group, Allianz Global Corporate & Specialty, Sr Corporate Solutions America Holding, SCOR Global Life USA Holdings, Swiss Reinsurance America, Everest Reinsurance Company, Acuity, Globe Life & Accident Insurance Company, Executive Risk, California Earthquake Authority, ICAT, Legion Insurance, HCC INSURANCE HOLDINGS, Jefferson National Financial, The Navigators Group, Munich Re America Brokers, Ullico, AEGIS Insurance Services.
Who works at Munich Reinsurance America?
Anthony J. Kuczinski (President and Chief Executive Office)
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Zippia gives an in-depth look into the details of Munich Reinsurance America, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Munich Reinsurance America. The employee data is based on information from people who have self-reported their past or current employments at Munich Reinsurance America. 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. The data presented on this page does not represent the view of Munich Reinsurance America and its employees or that of Zippia.
Munich Reinsurance America may also be known as or be related to American Re-Insurance Corporation, Munich Re Group, Munich Reinsurance, Munich Reinsurance America, Munich Reinsurance America Inc and Munich Reinsurance America, Inc.