At a Glance
- Tasks: Underwrite DACH risks and collaborate with our commercial team to assess buyers.
- Company: Join Bondaval, the fastest-growing InsurTech shaping B2B financial risk management.
- Benefits: Competitive salary, equity, private medical cover, and 25 days holiday.
- Other info: Engage in a vibrant culture with hackathons and volunteer opportunities.
- Why this job: Make a real impact in a dynamic environment while working remotely.
- Qualifications: Fluent in German and English with 3+ years in credit underwriting.
The predicted salary is between 56700 - 69300 £ per year.
About Us
Bondaval is building the decision layer for B2B financial risk, and we intend to shape how the next generation of it is managed.
Every company that sells on credit is taking risk on whether it will get paid.
We help them manage that risk with confidence.
Our platform combines proprietary technology, specialist underwriting and rated insurance capacity, so businesses can price, monitor and protect their credit, counterparty and payment risk in one place.
Trade credit insurance and non-payment guarantees all run on it.
- Named as the #1 fastest-growing Insur Tech and #19 fastest-growing startup in the Sifted 100 for UK & Ireland
- #4 fastest growing software business in the UK (The Sunday Times 100 Tech)
- We’ve raised ~$35m of capital to accelerate our growth, backed by leading European and American VCs, including Dawn Capital and Octopus Ventures
About the Role
We are hiring a German-speaking Risk Underwriter to underwrite our DACH business from the UK, covering clients and buyers across Germany, Austria and Switzerland.
DACH is a priority market for us, with a local commercial team on the ground. This role gives that team a dedicated underwriting partner who reads the market in its own language.
In year one, success means owning underwriting on the DACH book and turning submissions round quickly and to standard.
Remote, with occasional presence at our London office and travel to DACH.
Key Responsibilities
- Analyse and underwrite new and on-boarded DACH risks within delegated authority.
- Assess buyers using German-language financial statements, registry filings and credit reports.
- Partner with our DACH commercial team and brokers on submissions and renewals.
- Prepare transaction papers for the Underwriting Committee, and present them.
- Monitor DACH sector and insolvency trends, and recommend portfolio action.
- Track and report portfolio metrics and performance indicators.
- Represent DACH market requirements in product and platform work.
About You
Required
- Professional fluency in German and English, written and spoken.
- 3+ years in credit underwriting or credit analysis, ideally in trade credit insurance, a bank or a credit insurer.
- Working knowledge of DACH accounting conventions and insolvency regimes.
- Strong financial analysis and sound commercial judgement.
- Clear, concise writing that turns analysis into a well-argued recommendation.
- Able to travel to our London office when required.
Nice to have
- Experience with credit insurance policy structures, including German-language wordings.
- Experience working with brokers in the DACH market.
- Knowledge of the SME market and its key trade sectors.
Compensation, Perks & Benefits
- Competitive base salary
- Meaningful equity in a company at the intersection of insurance, credit, data and technology
- Private pension · Private medical cover · 25 days’ holiday + bank holidays
- Learning and development budget
- Exposure to clients, brokers, reinsurance partners and investors from day one
- A volunteer-run Culture Club, regular all-team weeks, hackathons and townhalls
- #J-18808-Ljbffr
Risk Underwriter, Dach (Uk Based) employer: Bondaval
Bondaval is an exceptional employer located in the vibrant city of London, offering a dynamic work culture that fosters collaboration and innovation. As a Senior Policy Wording & Compliance Specialist, you will have access to extensive employee growth opportunities, including mentorship from industry leaders and involvement in exciting new product launches. With a commitment to regulatory excellence and a supportive team environment, Bondaval stands out as a rewarding place for professionals seeking meaningful contributions in the insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Underwriter, Dach (Uk Based)
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Bondaval). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Bondaval. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Risk Underwriter, Dach (Uk Based)
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Bondaval.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Bondaval. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Bondaval
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Bondaval to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Bondaval, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Bondaval's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
