Surety Underwriter – Credit Risk Analyst / Commercial Focus Location: BELGIUM, Brussels
Credendo is a leading European credit insurance group active in all segments of trade credit and political risk insurance, providing a range of products that cover risks worldwide and fuelled by a multinational force of more than 550 professionals. Active in fourteen European countries, we serve local and international clients from all around the world. Credit Insurance, Surety and Single Risk and provides support to customers through its branches spread across Europe.
Credendo GSR’s mission is to support trade relations. We provide customised solutions of credit insurance, surety and single risks related to domestic and international trade transactions. We protect companies, banks and insurance undertakings against credit and political risks, and facilitate the financing of such transactions.
As a Surety Underwriter with a focus on risk and commercial aspects at Credendo GSR, you are responsible for conducting financial analyses, assessing surety risks, and implementing appropriate actions to support clients while minimizing potential losses for the company. Conduct in-depth credit risk assessments for the Surety business line, analyzing financial data and market dynamics.
Underwrite contracts and manage bonds, ensuring proper documentation and compliance with underwriting guidelines.
Monitor and mitigate risks throughout the full insurance cycle, including potential claims phases.
A university degree in Finance, Economics, Mathematics, or Business Science
At least 2 years of proven experience as a Credit Analyst, Risk Underwriter or similar (within risk department or associate front office department)
Fluency in French and English (C2 level), with at least basic knowledge of Dutch
Solid understanding of financial analysis and basic accounting principles
Dynamic and international working environment within a leading credit insurance group
A permanent employment contract with a competitive salary aligned with your profile and experience
A hybrid working model (2 to 3 days remote work per week) that supports a healthy work-life balance
Potential future (international) career progression opportunities within Credendo Group