Financial Risk Analyst / Surety Underwriter

Financial Risk Analyst / Surety Underwriter

Location: Cologne/Wiesbaden, Germany (hybrid, f/m/x, 100%)

Who we are

Credendo is a European credit insurance group that is present all over the continent and active in all segments of trade credit and political risk insurance. We provide a range of products that cover risks worldwide, serving local and international clients from all around the world.

About the role

As a Financial Risk Analyst / Surety Underwriter at Credendo GSR, you will strengthen our Surety Team in Germany. Focus areas of a surety underwriter include risk underwriting & client management, product & risk portfolio management, and compliance & controlling activities.

What you will do

1. Manage and develop relations with brokers to detect business opportunities and manage clients’ expectations.
2. Be responsible for underwriting, contracts and bonds management, and risk monitoring processes.
3. Negotiate with clients, brokers, and other parties to derive appropriate solutions.
4. Issue bonds in line with underwriting guidelines for Surety and existing agreements.
5. Provide technical input for the development of new or revised products.
6. Participate in the decision-making process as an autonomous decision-maker or as a provider of material.
7. Ensure necessary steps are taken to execute decisions.
8. Proactively follow up on requests to control and mitigate risk during the insurance cycle.
9. Use group information on macro- and microeconomic situations to assess debtor risk profiles.
10. Identify and monitor economic and legal trends that influence financial risk.

What we expect from you

1. University degree (Finance, Economics, Mathematics, Business Science).
2. 2+ years proven working experience as a Surety Underwriter or Credit Analyst.
3. Good command of IT tools.
4. Fluent in English and German.
5. Strong credit analysis skills and ability to write risk assessments.
6. Very good analytical skills.
7. Ability to interpret and integrate diverse information.
8. Good knowledge of accounting principles and practices.
9. High attention to detail and accuracy.
10. Good judgement, negotiation, and interpersonal skills.
11. Advanced computer skills on MS Office.

What we offer

1. A challenging career in a multilingual and international environment.
2. Professional growth opportunities.
3. An interesting permanent contract in a stable environment.
4. Learning opportunities to develop your skills.
5. A salary corresponding to your profile and experience.
6. A hybrid working arrangement (three days WFH).

Interested?

Please apply here or send your CV to Gernot Baumgartner: g.baumgartner@credendo.com

Seniority level

Associate

Employment type

Full-time

Job function

Finance, Analyst, and Product Management

Industries

Insurance