Do you like to work in a integral team and does the world of finance, insurance and trade fascinate you? Are you attracted by contributing to the data-driven transformation of Swiss Re? We are looking for talented professionals to join our Credit Product Centre team and this could be your opportunity.
About The Role We are looking for a high-performing Credit Risk Analyst to join the Credit Product Centre (CPC) in Madrid. You will combine fundamental credit analysis with commercial insight to support underwriting decisions particularly in our Credit & Surety Reinsurance segment covering sectors such as Construction, Telecommunications, Automotives, Real Estate etc. and drive efficiency through AI, data and technology.
Key Responsibilities Credit Assessment & Appetite
Perform credit analysis and internal rating assessments of corporate obligors across industries and geographies
Recommend credit limits in line with internal risk appetite, policies, and governance standards
Portfolio Monitoring & Risk Management
Communicate credit views effectively to support timely and informed decision-making
Drive efficiency in credit processes, improving turnaround times and consistency of outputs
Contribute to data-driven and AI-enabled transformation initiatives within Credit & Surety Reinsurance segment
Support development and enhancement of tools, methodologies, and credit frameworks
About The Team The Credit Product Centre (CPC) is a global team supporting the Credit & Surety business across regions. Delivering high-quality credit risk assessments for underwriting decisions
Ensuring consistency, governance, and best practices across the credit process
Supporting pricing, monitoring, and portfolio steering
The team operates globally with presence in multiple key locations and works closely with senior stakeholders across underwriting, risk,



and functional areas.
About You You're an analytical thinker with strong financial acumen and a passion for understanding global markets. 4-8 years of experience in credit analysis and credit-related work
~ Strong academic background with a relevant business degree and/or post-graduate qualification (MBA/CFA or similar)
~ Proficient in financial spreading, financial projections, and handling credit application documents
~ Good knowledge of global macroeconomics, financial markets, and credit-related products
~ Strong quantitative and analytical skills with good command of English and Spanish (proficiency in German/French would be a plus)
~ Working knowledge of database management tools and strong Excel skills
~ Convincing interpersonal skills and ability to maintain effective working relations in a multi-disciplinary and multi-cultural environment
~ Ability to manage diverse projects and tasks simultaneously.
~ Digital transformation project experience – would be a plus

For Spain, the base salary range for this position is between 42,000 EUR and 70,000 EUR for a full-time role.
In addition to your base salary, you may be eligible for additional rewards and benefits including an attractive performance-based annual bonus.
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week
About Swiss Re Corporate Solutions Swiss 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. To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
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📌 Credit Risk Analyst (Hybrid) (Madrid)
🏢 Swiss Re
📍 Madrid