What if your underwriting decisions could shape the future of surety risk in one of Europe's most dynamic markets?

With over 50 years of experience in the Italian market, Munich Re is one of the leading reinsurance companies operating in Italy. Our Italian branch operates at the forefront of innovation, delivering tailored reinsurance solutions and identifying new opportunities in a constantly evolving risk landscape.

Based in Milan, this role sits within our Specialty Lines team and offers the opportunity to work in a highly international environment, collaborating with a global network of surety and credit experts.

As a Senior Surety Underwriter, you will play a key role in managing and growing the Italian surety portfolio, combining technical underwriting expertise with strong market engagement and a strategic mindset to drive sustainable and profitable growth

Your Job
- Underwrite complex surety risks, including detailed credit assessments, financial analysis, and deal structuring in line with Munich Re guidelines




- Take ownership in supporting and steering the growth of the Italian surety portfolio, ensuring underwriting discipline, profitability, and compliance
- Continuously monitor portfolio performance, risk exposures, and trends, translating insights into actionable recommendations and strategic decisions
- Assess and manage both treaty and single risks while proactively identifying and developing new business opportunities in the Italian market
- Act as a trusted advisor to clients and brokers, contributing to client strategies and strengthening long-term partnerships
- Represent Munich Re in the market, contributing to market intelligence by identifying emerging trends, risks, and opportunities
- Collaborate closely with the global Surety & Credit network and cross-functional teams including claims, legal, compliance, and finance to deliver integrated solutions
- Contribute to internal knowledge sharing, training initiatives, and the continuous devel

📌 Senior Surety Underwriter (Milano)
🏢 Munich Re
📍 Milano