Risk Underwriter, DACH

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, counter party 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

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.

Hybrid, with regular presence at our London office and occasional travel to DACH.

• 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.

• 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.

• 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.

• 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