Senior Commercial Underwriting Specialist

🏗 We're Hiring: Senior Commercial Underwriting Specialist

Location: United Arab Emirates (Remote)

Employment Type: Full-Time

Experience Level: Mid-Level to Senior

Work Arrangement: Fully Remote

About Us

We are a construction-focused organization committed to effective risk management, financial stability, and sustainable commercial operations across our projects and business activities.

The Role

We are seeking an experienced Senior Commercial Underwriting Specialist to assess commercial risks, evaluate applications, analyze financial information, and recommend appropriate underwriting decisions. The successful candidate will support sound risk selection, policy compliance, and profitable business outcomes.

Key Responsibilities

• Review and assess commercial insurance applications and supporting documentation.
• Evaluate financial, operational, and industry-specific risks.
• Analyze business activities, claims history, risk exposure, and loss records.
• Determine appropriate coverage terms, limits, exclusions, and pricing recommendations.
• Conduct risk assessments for commercial property, liability, construction, and other relevant insurance products.
• Coordinate with brokers, agents, clients, and internal underwriting teams.
• Identify high-risk exposures and recommend mitigation measures.
• Ensure underwriting decisions comply with company guidelines and applicable UAE regulations.
• Maintain accurate underwriting files, risk assessments, and decision records.
• Monitor portfolio performance, loss ratios, and emerging risk trends.
• Support policy renewals, endorsements, and complex underwriting cases.
• Prepare underwriting reports and recommend improvements to risk evaluation processes.

Qualifications and Experience

• Bachelor's degree in Insurance, Finance, Risk Management, Business, or a related field.
• Proven experience in commercial underwriting or insurance risk assessment.
• Strong knowledge of insurance products, policy wording, pricing, and risk evaluation.
• Experience with commercial property, liability, or construction insurance is an advantage.
• Excellent analytical, negotiation, and decision-making skills.
• Professional insurance qualifications are desirable.

Key Performance Indicators (KPIs)

• Accuracy and consistency of underwriting decisions.
• Portfolio profitability and loss ratio performance.
• Turnaround time for underwriting assessments.
• Compliance with underwriting guidelines and regulations.
• Quality of risk documentation and assessment reports.

What We Offer

• Competitive salary based on experience.
• Professional development opportunities.
• A collaborative environment focused on risk management and commercial excellence.

How to Apply

• Interested candidates are invited to submit their CV and relevant professional qualifications for consideration.