Senior surety underwriter germany (m/f/d)*

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.
Senior Surety Underwriter Germany
Complementing an already strong presence in the UK and the US, Munich Re Specialty – Global Markets (MRSGM) has been tasked with executing a wider plan to build a broader global footprint.
We are seeking a hands-on and experienced Senior Surety Underwriter to support the development & growth of our surety business in Germany and the broader DACH region. This is a unique opportunity to contribute to the ramp-up of a new business, working closely with the Lead Underwriter and other stakeholders to help establish Munich Re’s presence in the region.
You will underwrite complex surety risks, support portfolio development, and represent Munich Re in the market.
Support restructuring and claims cases in collaboration with internal and external stakeholders.
Assist in monitoring portfolio performance and ensuring underwriting discipline and compliance.
Independently manage international bonding transactions, ensuring alignment with underwriting standards.
Conduct independent reviews of contract and bond wordings to ensure compliance with internal guidelines.
Work closely with the Lead Underwriter and cross-functional teams including claims, legal, compliance, and finance.
Support internal training initiatives and knowledge sharing across the organization.
Demonstrate a hands-on mentality and willingness to go above and beyond during the ramp-up phase.
Contribute to special projects as required.
Minimum 5-8 years’ experience in surety underwriting, credit insurance, or banking.
University graduate or equivalent education.
Hands-on, proactive mindset with the ability to work independently and collaboratively.
Excellent communication, negotiation, and stakeholder management skills.
Fluency in English and German; Spanish, Italian) are a plus.
Willingness to travel and experience working in cross-cultural environments.
economic and geographic backgrounds; life, school, and career experiences; Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed.
At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues