Are you ready to bring your risk and financial expertise to a dynamic, global environment? Join Swiss Re Corporate Solutions in Madrid and play a key role in supporting our Spanish, Portuguese and broader European clients with their surety and guarantee needs. This is your opportunity to combine analytical excellence with meaningful client relationships — all within a truly entrepreneurial and collaborative setting.About the RoleAs an Underwriter Surety based in Madrid, you will be an integral part of our growing European surety team, connecting analytical insight with hands‑on client management. You will work closely with corporates and brokers across Spain, Portugal and internationally, balancing risk underwriting with client‑facing responsibilities. This role offers a fantastic platform to develop your surety career within one of the world's leading surety groups.Key ResponsibilitiesConduct risk assessments for new and existing clients, ensuring alignment with Swiss Re's risk appetite while maintaining highest standards of client satisfactionDevelop and manage your own client portfolio and transactions, identifying and driving new business opportunities across Iberia and broader EuropeAnalyse and evaluate credit and transactional risks in close collaboration with internal stakeholders, applying rigorous financial and legal due diligenceApprove transactions within your own authority levels and prepare structured submissions for relevant committeesBuild and maintain strong client and broker relationships through regular, proactive engagement and direct interactionsSupport Senior Underwriters with the execution and monitoring of complex bespoke transactions and management of key accountsConduct market analysis to identify changes in the underwriting, market and legal landscape, assessing their risk implications and adapting strategies accordinglyCollaborate with and support colleagues across the wider European Surety team, contributing to a culture of shared knowledge and continuous improvementAbout the TeamBacked by more than 150 years of experience, significant capacity and the financial strength of the Swiss Re Group, Swiss Re Corporate Solutions solves the risk management and financing needs of corporations around the globe.



We pursue the goal of results‑oriented underwriting. The positive relationship with our customers and brokers across Europe, combined with our strong brand, is the foundation of our success. If you share the passion for surety and financial products, we encourage you to apply for this position. As part of a integral team offering tailor‑made solutions across a broad range of surety products, you will have the opportunity to join our highly motivated team that shares the same passion for this business.About YouYou thrive in an international, team‑oriented environment and enjoy combining analytical thinking with client engagement. You are a proactive communicator who builds trust with clients and business partners naturally, and you bring a solutions‑focused mindset to every challenge. You are comfortable working both independently and collaboratively, and you are eager to contribute to the continued growth of a market‑leading surety business.RequirementsMinimum 3 years of relevant professional experience, preferably within a bank, surety insurer or financial institution with exposure to credit and guarantee productsStrong understanding of credit risks, particularly in relation to surety/guarantee structuresProven analytical and decision‑making skills, with the ability to assess complex credit and transactional risks and translate findings into clear, structured recommendationsConfident communication and interpersonal skills, with experience engaging with clients, brokers and internal stakeholdersSpanish native speaker with proficiency in English (written and verbal)



is essentialNice to HavesExperience working with multinational corporations or in a cross‑border European surety/credit contextFamiliarity with legal due diligence processes related to surety or guarantee transactionsEntrepreneurial mindset with a strong focus on identifying and originating new business opportunitiesExperience using data and market intelligence tools to monitor portfolio performance and market trendsA university degree or equivalent qualification in finance, economics, law or a related disciplineThe role may require some travelSalaryFor Spain, the base salary range for this position is between EUR 47,000 and EUR 78,000 (for a full‑time role). The specific salary offered considers:the requirements, scope, complexity and responsibilities of the role,the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.In situations where you do not meet all the requirements or you significantly exceed these, the offered salary may be below or above the advertised range.In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance‑based annual bonus.About Swiss Re Corporate SolutionsSwiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance‑based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry‑leading claims service provides them with additional peace of mind.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

📌 Underwriter Surety (Madrid)
🏢 Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
📍 Madrid