Location: Madrid, M, ES Are you analytically minded and passionate about credit risk?

At Swiss

Re, we bring together deep underwriting expertise and a global perspective - and we are looking for a curious, motivated individual ready to make their mark in Credit &

• Surety Reinsurance across Europe. If you enjoy analysing credit risks, exercising sound judgement, collaborating with talented colleagues and engaging with clients across diverse markets, this could be the opportunity you have been looking for. This is your chance to join Swiss Re's Credit &

• Surety Reinsurance Europe team in Madrid and grow your underwriting expertise in one of the most specialised and intellectually stimulating areas of the reinsurance industry. You will take ownership of selected risks, accounts and client interactions, while building a deep understanding of credit risk, reinsurance structures and portfolio management. The role offers a genuine opportunity to develop both your technical underwriting capabilities and your commercial acumen in a truly international setting. Prepare high-quality underwriting analyses and recommendations in line with Swiss Re's risk appetite, underwriting guidelines and governance framework Develop and nurture relationships with insurance clients, brokers and other market participants, and contribute to gathering relevant market and client intelligence Monitor market developments, emerging risks and portfolio performance to support sound and informed underwriting decisions Collaborate closely with internal stakeholders including Client Markets, Credit Risk Management,



Claims, Contracts, Business Services and Finance to support effective end-to-end execution Credit &

• Surety Reinsurance at Swiss Re provides tailored reinsurance solutions to insurers writing Trade Credit, Surety and Political Risk business across the globe. You will also gain exposure to colleagues and specialists across Swiss Re's global network - providing an excellent platform to deepen your technical expertise, commercial understanding and professional network. You are curious, analytical and commercially minded, with a genuine interest in underwriting and credit risk. You combine attention to detail with an appreciation of the broader commercial context - and you are motivated to grow into a well-rounded Credit &

• Surety underwriting professional. Ideally around three years of professional experience in an underwriting-related or credit risk position; we also welcome candidates with a strong academic background or experience in roles involving financial, commercial or legal risk assessment Strong analytical and conceptual skills, with a solid understanding of or demonstrated interest in credit risk, financial analysis and underwriting Proficient English,



with strong written and verbal communication skills Initial exposure to Credit &

• Surety insurance or reinsurance, or credit risk management Relevant professional experience in a legal environment, particularly in commercial, banking, finance, insurance, insolvency or contract law, involving the assessment of contractual, financial or credit-related matters Understanding of financial statements and credit analysis Familiarity with European insurance or financial services markets For Spain, the base salary range for this position is between 47 000 EUR and 78 000 EUR for a full-time role. In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Furthermore, you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

Swiss

Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. In our inclusive and versátil environment everyone can bring their authentic selves to work and their passion for sustainability.

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📌 Underwriter Credit & Surety Reinsurance (Madrid)
🏢 Swiss Re
📍 Madrid