General information

Country: Germany

Creation Date: 10-Nov-2026

Employment Type: Permanent

Employment Type: Full time

Ref #: 1234573806

Description & Requirements

Role Senior Underwriter - Short Term Trade Solutions

Division: Global Risk Solutions - Financial Risk Solutions (FRS)

Department: Short Term Trade Solutions (STTS) / Multi Buyer Trade Credit (MBTC) Europe

Location: Germany

Type: Permanent

Reports to: Head of Short Term Trade Solutions Europe, UK & MENA

About the Role

Financial Risk Solutions (FRS) is looking for a highly motivated Senior Underwriter to drive the growth of our Short Term Trade Solutions (STTS) business in Germany.

This is a genuine build-out opportunity. You will take lead responsibility for business development in the German STTS market - opening doors with brokers, banks, corporates and trading companies, shaping our local proposition and converting market relationships into a profitable, well-balanced portfolio.

You will not be doing this alone. You will be part of, and work closely with, the wider Europe, UK & MENA Short Term Trade Solutions team - a strong, experienced and well-established group of underwriters that is ready and resourced to expand in Germany. You will also have the backing of the local German team, with close relationships with the Country Manager and his business development- and management team and will be able to make use of an established underwriting infrastructure, and colleagues who have been success in the market.

We offer a dynamic, challenging, international and entrepreneurial environment. "Work hard, play hard" is our motto - we are ambitious and like to work hard when needed, we hold each other to a high standard, but we also take time to relax, remain a healthy work-life balance and we genuinely enjoy the time we spend together as a team.

About the Department & Team

STTS underwrites short term credit risks on Company insurance paper and through Lloyd's of London. These risks relate to non-payment of private sector counterparties, offered in both single-risk and portfolio structures. Our clients are banks, corporates, trading companies and, occasionally, export credit agencies.

FRS is a global business with regional underwriting hubs in London, Paris, the Netherlands, the US and Singapore, and soon Germany, supported by three global product pillars: Short Term Trade Solutions, Credit Solutions and Political Risk Solutions. The successful candidate will represent FRS in Germany and will also work closely with the team in Paris that is responsible for Credit Solutions and Political Risk Solutions.

You will also work hand-in-hand with our German Liberty Specialty Markets colleagues across other lines of business and with the Liberty Mutual Surety team. Close cooperation across these businesses is central to how we go to market in Germany - sharing client and broker relationships, cross-selling where it makes sense, and presenting one joined-up Liberty to the market.

Key Responsibilities

Business Development & Market Presence

• Own and deliver the business development agenda for Short Term Trade Solutions in Germany, including the acquisition of new clients and the development of new broker and distribution relationships.
• Build and execute a German go-to-market plan in conjunction with the Head of STTS Europe and the German Country Manager, including client and broker engagement strategies, market segmentation and pipeline management.
• Establish and strengthen relationships with clients, brokers, industry bodies, business and consortium partners to maximise Liberty's influence and visibility in the German market.
• Work closely with the Liberty Specialty Markets and Liberty Mutual Surety teams in Germany to identify crossline opportunities, share market intelligence and present a coordinated Liberty proposition to clients and brokers.
• Represent Liberty at German market events, conferences and industry forums.

Underwriting & Delivery

• Underwrite a wide range of short term trade credit insurance solutions in accordance with the business plan and within personal delegated underwriting authority, including risk and credit analysis, quotation, negotiation of rates, terms and conditions, binding, issuance and policy servicing.
• Ensure delivery of the German contribution to the MBTC Europe and wider STTS business plans, in accordance with stated risk tolerances and underwriting strategy.
• Provide excellent service and prompt turnaround on client and broker requests.
• Support German FRS Political Risk and Structured Credit transactions on an ad hoc basis.
• Support the development and enhancement of the global MBTC technology platform, including management of the German and wider European credit risk portfolio.

Portfolio & Risk Management

• Conduct credit reviews of buyer/obligor financial statements and participate in the review and analysis of the portfolio to identify areas of risk concern and new business opportunities, together with the Country, Credit & Portfolio Risk Management (CCRM) team.
• Help position the FRS portfolio to reflect emerging risks, market dynamics, market cycles and trends in wordings, terms and conditions.
• Work closely with stakeholders across all functional areas to identify loss trends or concerns and initiate necessary changes to guidelines and strategies to ensure long-term profitability.
• Apply reinsurance requirements in accordance with the business plan and reinsurance treaty.

Team, Knowledge & Collaboration

• Act as a referral and sparring point for more junior colleagues on credit assessments, wording questions and challenging client/broker conversations.
• Help to train junior MBTC colleagues and develop knowledge of STTS products amongst the wider FRS and Liberty Specialty Markets population through formal and informal sessions.
• Contribute to and participate in Europe, UK & MENA STTS and wider FRS initiatives to share and develop strategy, knowledge and best practice.
• Interact with other functions across the Integrated Business Unit, e.g. Actuarial, Reserving, Claims, Finance, Operations, Legal and Compliance.

Policy, Process and Procedures

• Ensure entries are properly recorded in relevant systems in a timely manner, ensuring accuracy of data in relation to both underwriting and aggregate exposures.
• Adhere to underwriting standards, instructions and best practice methodology as incorporated into the Underwriting Controls Framework.
• Adherence to all relevant regulatory requirements forms part of your role. The demonstration of behaviours as set out in the Conduct Risk Policy is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. These requirements include Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest and Whistleblowing.

Skills and Experience

• Significant experience in the trade credit insurance sector, preferably within a trade credit insurer's credit and/or political risk team.
• Strong knowledge of and experience in conducting credit reviews of buyer and obligor financial statements and establishing credit limits based on the outcome of those assessments.
• Demonstrable track record of business development and new client acquisition in the German market, with an established network of German brokers, banks, corporates and trading companies.
• Demonstrable expertise in the assessment and pricing of short term corporate and bank credit risk, with proven credit and financial analysis skills.
• Thorough understanding of the drivers of Financial Institutions' and corporates' use of risk mitigation products, their internal credit application and review processes, and the relevant regulatory framework.
• Excellent numeracy, literacy, interpersonal, communication and negotiation skills; an active listener, critical thinker and problem solver.
• Highly organised, with excellent attention to detail and strong prioritisation skills.
• Ability to analyse and use data for decision making, and to make risk-based decisions under time constraints.
• Strong economic, political and current affairs understanding and interest.
• Fluency in German and English.

About Liberty Specialty Markets (LSM)

Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.

Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

• Offering a vibrant and inclusive environment and committing to their career development.
• Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
• Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
• A supportive culture, which includes promoting a healthy work-life balance and working flexibly.

For more information, please follow the links below:

https://www.libertyspecialtymarkets.com/gb-en/careers/working-for-us

https://www.libertyspecialtymarkets.com/gb-en/careers/diversity-equity-and-inclusion