SENIOR REINSURANCE UNDERWRITER

Euler Hermes Re, the reinsurance arm of Allianz Trade, is the global leader in Trade Credit and Surety reinsurance. The company provides capacity, risk analysis, structuring and advisory services to insurers and reinsurers worldwide and is now expanding a new third‑party business platform. As a Senior Reinsurance Underwriter you will drive the growth of this third‑party portfolio across Trade Credit, Surety and Specialty Credit lines. Your day‑to‑day work will involve sourcing new cedants, assessing and pricing proportional and excess‑of‑loss treaty programmes, shaping the strategic roadmap and underwriting guidelines, and maintaining strong relationships with brokers and market intermediaries. You will also use internal risk‑scoring tools, monitor portfolio performance, keep abreast of market trends, and collaborate closely with Actuarial, Risk, Finance, Claims and Allianz Re teams. The role requires a university degree in Finance, Economics, Insurance or Actuarial Science, together with 10–15 + years of reinsurance underwriting experience. You must have deep expertise in Trade Credit and/or Surety, a proven record in external/third‑party business, and solid experience in both proportional and excess‑of‑loss treaty underwriting. Business‑development and portfolio‑building experience, strong risk‑assessment skills, and an excellent grasp of reinsurance structuring, pricing and capital considerations are essential. An established network of brokers and cedants, strong origination and negotiation abilities, and fluent business‑level English are also required. Regular international travel (about 20‑30 % of the time) is expected. A entrepreneurial mindset, high integrity, excellent communication and influencing skills, and openness to AI or GenAI‑driven automation are valued. The permanent position is based in Zurich, Switzerland, reporting to the Chief Underwriting Officer, and offers the chance to shape a growing business within a supportive, inclusive Allianz environment. What the role asks for: - University degree in Finance, Economics, Insurance or Actuarial Science - 10–15+ years reinsurance underwriting experience - Expertise in Trade Credit and/or Surety underwriting - Proven external/third‑party business track record - Experience with proportional and excess‑of‑loss treaty underwriting - Business development and portfolio‑building experience - Strong risk assessment of trade credit and surety exposures - Deep knowledge of reinsurance structuring, pricing and capital - Ability to blend data analysis with expert judgment - Established broker and cedant network - Strong origination and negotiation skills - Fluent business‑level English - Regular international travel (20‑30% of time) - Nice-to-have: Entrepreneurial mindset with corporate ownership - Nice-to-have: Excellent communication and influencing abilities - Nice-to-have: Openness to AI/GenAI automation improvements