Munster began the weekend three points off the top four, with a game in hand, and eight behind league leaders Scarlets.
And Murray believes those left back at Thomond Park are perfectly placed to improve on that position.
"There is lots of talent still back at Munster," he told Life Style Sports.
"The likes of Billy Holland, Tomas O'Leary and a few other lads who are still there and are going to keep driving the squad on.
"They are leaders with huge experience and hopefully when we come back, we'll still be in a good place.
"The PRO12 is really competitive but we made the final last year and there's no reason we can't do it again."
The GUINNESS PRO12 is also now Munster's sole focus for the season, after they were knocked out of the European Champions Cup at the pool stage.
Murray added: "It is frustrating when you get knocked out of Europe but you really have to dust yourself down and go to work again.
"You can't sit around and feel sorry for yourself because you might slip up in the PRO12 and find yourself in the second-tier competition in Europe next season.
"We have had a lot of honest discussions with one another, where we looked at games and we looked at what was going wrong.
"We had to be brutally honest with one another because it just wasn't good enough. We have a very clear idea of what we need to fix and we have plenty of talent to be able to do just that."
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Guinness PRO12 Munster News
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