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Credit and Surety Underwriter

Hybrid in Madrid·Added 3 days ago

Zurich Insurance Spain

67 open roles

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Overview

Job details

Hybrid
Only from certain places, per the ad: “modelo híbrido mega flexible para trabajar cómo y dónde quieras dentro de España”

Requirements

Have the right to work in Spain
Zurich Insurance Spain doesn't mention sponsorship in the ad.
Work in English
English is required, per the ad.
Be near Madrid for hybrid days
No relocation package mentioned.
University degree
“Cuente con una formación universitaria en Finanzas, Economía, ADE, Derecho o áreas afines.” — per the ad.

This job was automatically translated to English.

Pay & benefits

What you'll get

Right now, you're either feeling that excitement like when a pair of pants fits perfectly, or you're thinking, "this isn't for me" (and if it's not, no worries—we'll cross paths again in the future). You can play matchmaker and share my contact with anyone you think might be a good fit.

At Zurich, we really enjoy life, we love living it to the fullest. You'll tell me how we can make you happy, but I love being able to balance my work and personal life. Here, flexible working hours and true digital disconnection are a reality.

#BecauseWeAreZurich, you can choose the benefits that best suit your needs.After all, there's no accounting for taste.

We offer a super flexible hybrid model so you can work how and where you want within Spain. Plus, we'll provide you with all the equipment you need to work comfortably from home.
We believe in the philosophy of learning by doing, so you can move to other areas locally or internationally through our "Talent in Motion" program. And to keep supporting your development and growth: English classes, training, and a personalized mentoring program.
We want to shake up your expectations about flexible compensation. With our benefits package, you can choose what works best for you and your needs: health insurance, childcare, training, restaurant tickets... and much more!
We love putting smiles on people's faces, and at Zurich we know that's easier than it seems, which is why we're activists. And why not dedicate a whole day to the cause you care about most?
Referral bonus if you recommend a talent like you. We're not looking for anyone perfect, but if you know someone who's awesome, share my contact with them—I'd love to meet them.
If you have a competitive spirit, at Zurich we're going for gold! Marathons, races, gym discounts, and much more. 3, 2, 1... warm up, here we go!
Are you more of a beach person or a mountain person? You'll get 25 vacation days, plus the insurance day and your birthday off, so you can enjoy what you love most. But don't be fooled—real disconnection. Because yes, we all deserve a little break and to enjoy life, which is short.
At Zurich, we think about your future and offer you a pension plan and life insurance.
We're always looking for the best prices for you! You'll have access to thousands of discounts on insurance and banking products.

Requirements

What we're looking for

Don't worry—I'm not going to ask you to save the planet or meet 100% of the requirements.

We would like to find someone who:

Has a university degree in Finance, Economics, Business Administration, Law, or related fields.
Brings experience in the world of Surety, Credit, Corporate Banking, or business risk analysis.
Enjoys analyzing companies, interpreting financial data, and evaluating risks with sound judgment.
Feels comfortable working with contractual documentation and complex corporate structures.
Has great communication and negotiation skills, building relationships of trust both inside and outside the organization.
Can move fluently in English within an international environment.

The role

What you'll do

You will analyze and underwrite surety operations for national and international companies.
You will evaluate financial, corporate, and contractual risks, identifying strengths, weaknesses, and possible mitigants.
You will manage and develop a client portfolio, guaranteeing profitable and sustainable growth.
You will participate in meetings with clients and brokers, providing a technical and solution-oriented vision.
You will contribute to the technical development of the team by sharing knowledge and best practices.
You will maintain continuous monitoring of credit quality and portfolio evolution.
You will participate in some of the most relevant surety operations in the Spanish market.
You will work in a collaborative and highly specialized work environment.
We believe in the autonomy and responsibility of individuals when it comes to making decisions
You will have the opportunity to actively contribute to business growth and the evolution of the Surety market.

Hiring process

2 steps1 interview

Search and apply
Application review
Selection process
If you are selected to progress forward, we will reach out to arrange next steps, which could include a phone or video interview, or possibly an assessment.
Offer · With a talent acquisition consultant
Preparing for your start
Onboarding
Your new career at Zurich will kick off with a job-specific onboarding process and welcome experience.

Zurich will never ask you to purchase your own equipment or to pay to apply.
If you are not selected to move forward in the process, you will receive a notification via email.

Hiring process

If you've made it this far, THANK YOU for reading. What did you think? Are we awesome or what?

If you felt butterflies in your stomach and think we're a good match, send up smoke signals—or your CV, if smoke isn't your thing.

And to wrap things up, do you want to know what other people at Zurich think? I'd say we're still ranked at the top in Top Employers Spain as our calling card, but I encourage you to check out our Glassdoor profile so they can tell you themselves. No tricks, no gimmicks.

I hope to meet you very soon.

Paula Moreno.

About Zurich Insurance Spain

Zurich Insurance Spain is the Spanish arm of Zurich Insurance Group, one of the world's largest and most established insurance providers. The company offers a broad range of insurance products and services, including life, pensions, property, casualty, and commercial insurance, serving both individual and corporate clients. With a significant workforce in Spain, it operates as a key market within the global Zurich network, which is headquartered in Zurich, Switzerland, and employs over 60,000 people worldwide.

In Spain, Zurich has a strong presence with offices in major cities such as Madrid and Barcelona, and it is known for its focus on digital transformation, data analytics, and automation. The company offers a dynamic work environment with numerous opportunities for international professionals, including internships and trainee programs in areas like data engineering, AI, and actuarial science. Zurich emphasizes professional development and innovation, making it an attractive employer for those looking to build a career in the insurance sector in Spain.

Industry: Insurance
Founded: 1872
Employees: 50,000–100,000
Headquarters: Zurich, Switzerland
In Spain: Madrid, Barcelona
Website: zurich.es

Good to know if you are moving

Zurich Insurance Spain has offices in Madrid and Barcelona, offering a strong base for international professionals.
The company provides numerous internship and trainee programs in fields like data engineering, AI, and actuarial science, ideal for early-career internationals.
Zurich is a global leader in insurance, providing a well-known brand and extensive career development opportunities.
The Spanish operations are heavily focused on digital transformation, creating roles for tech and data professionals.
Working at Zurich in Spain offers exposure to a multinational environment with English often used in corporate communications.

In their own words

About the company & team

Hello!

I'm Paula, recruiter for this position. I love traveling, especially to international destinations, and sushi is my favorite food. I also love flamenco fashion and enjoy dancing sevillanas. As you can see, enthusiasm and diversity are part of my daily life. Nice to meet you!

Maybe this is the tenth job posting you've read today, whether you're on the couch with Netflix in the background or in the middle of a career change... and they all start to look the same.

Let me be clear: at Zurich, we're not perfect, but we're pretty awesome! And if you want to know why, keep reading.

First of all, THANK YOU for taking an interest in our company. We know that searching for new opportunities can be a challenge, but... don't worry, everything comes in time!

Let's get to the point! I'll try to summarize our DNA for you in 2 points:

We love volunteering, but we prefer being activists for change. How? By focusing on young people at risk of social exclusion or by fighting climate change with actions like reforesting forests in Madrid and Doñana National Park. In 2025, we logged more than 28,000 hours of activism.
At Zurich, we say it loud and clear: we are proud of our colors and we believe that a diverse team makes the difference. Here we don't talk about disability, we talk about ability. Being able to be yourself is our priority, with no closets standing between us and no glass ceilings. 50% of our leadership positions are held by women (including the Executive Committee). Did you know we produce our own podcasts on sexual identity? We are building a company where everyone is welcome.

And you might be wondering: Paula, what will my day-to-day look like wearing the blue shirt? I love that you ask me this question (I asked myself the same thing back then):

All open roles at Zurich Insurance Spain