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 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 Assess and manage both treaty and single risks while proactively identifying and developing new business opportunities in the Italian market 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 development of underwriting expertise within the organization Support reporting to the Home Office and ensure alignment with global underwriting standards and strategic priorities Degree in Law, Business Administration, Economics, Finance, or a related field 5-8 years of experience in surety underwriting (credit insurance is a plus) Strong understanding of surety bonds, financial analysis, and risk assessment Ability to assess contracts and legal/insurance wording Team player with a high level of ownership and accountability Proficiency in Excel and openness to digital tools Fluent business English With over 50 years of experience in the Italian market, Munich Re is one of the leading reinsurance companies operating in Italy.

At Munich Re

Italy, we are working to provide the best insurance solutions and pursue new insurance related opportunities for our clients.

You will work in an environment where we think big: You are going to experience that we care & dare: We embrace new ways of working leveraging digitalization to deliver solutions. Join us, and experience that we lead the We: We have a passion for winning and growing as a team.

📌 Senior Surety Underwriter (m/f/d*) - Munich RE Italia (Milano)
🏢 Altro
📍 Milano