Senior Commercial Underwriting Specialist

Job Title: Senior Commercial Underwriting Specialist

Location: United Arab Emirates (Remote)

Employment Type: Full-Time

Work Arrangement: 100% Remote — Work From Home

Level: Senior

About the Role

We are seeking an experienced Senior Commercial Underwriting Specialist to assess commercial insurance risks, evaluate policy applications, and develop underwriting recommendations that support profitable portfolio growth. The successful candidate will analyze financial information, business operations, claims history, risk exposures, and policy terms to determine appropriate coverage, pricing, deductibles, and underwriting conditions.

This fully remote role requires strong analytical judgment, commercial insurance knowledge, attention to detail, and the ability to collaborate with brokers, insurance partners, claims teams, and risk management professionals. The specialist will help maintain underwriting quality, ensure compliance with applicable regulations, and balance business growth with prudent risk selection.

Key Responsibilities

• Evaluate commercial insurance submissions, applications, renewals, and endorsements across relevant business lines.
• Analyze financial statements, business activities, claims experience, loss histories, and risk management information to determine insurability.
• Assess commercial risks relating to property, liability, business interruption, engineering, and other applicable insurance products.
• Determine appropriate coverage terms, policy limits, deductibles, exclusions, warranties, and underwriting conditions within delegated authority.
• Develop underwriting recommendations and pricing assessments based on risk characteristics, exposure data, and applicable underwriting guidelines.
• Review risk surveys, inspection reports, actuarial information, and supporting documentation when evaluating complex commercial accounts.
• Identify material risk exposures, inconsistencies, adverse trends, and information gaps requiring clarification or additional assessment.
• Conduct portfolio reviews to monitor profitability, loss ratios, premium adequacy, risk concentration, and overall underwriting performance.
• Support renewal strategies by evaluating changes in insured operations, claims experience, exposure levels, and market conditions.
• Collaborate with brokers, intermediaries, account managers, actuaries, claims specialists, and risk engineers to obtain relevant information and resolve underwriting questions.
• Prepare clear underwriting assessments, pricing justifications, risk summaries, and recommendations for internal review or approval.
• Refer risks that exceed delegated authority or involve unusual exposures to the appropriate underwriting management or specialist teams.
• Monitor underwriting performance against business objectives, risk appetite, portfolio targets, and profitability expectations.
• Maintain accurate digital records of underwriting decisions, supporting evidence, policy terms, referrals, and approval documentation.
• Apply underwriting policies, internal controls, and regulatory requirements relevant to the applicable insurance products and jurisdictions.
• Identify opportunities to improve underwriting workflows, documentation quality, risk assessment methods, and decision-making efficiency.
• Contribute to the development and refinement of underwriting guidelines, risk appetite statements, pricing approaches, and portfolio management procedures.
• Support internal and external audits by providing appropriate underwriting documentation and evidence of compliance.
• Provide technical guidance to junior underwriting personnel and contribute to knowledge-sharing initiatives.

Qualifications and Experience

• Bachelor's degree in Insurance, Finance, Business Administration, Economics, Risk Management, or a related discipline.
• Significant professional experience in commercial insurance underwriting, risk assessment, or a closely related insurance function.
• Strong understanding of commercial insurance products, policy structures, coverage provisions, exclusions, deductibles, and underwriting principles.
• Demonstrated experience evaluating commercial risk exposures and making evidence-based underwriting recommendations.
• Ability to interpret financial statements, claims reports, risk surveys, exposure schedules, and other technical underwriting documentation.
• Knowledge of underwriting pricing methodologies, portfolio profitability, loss ratios, and risk selection strategies.
• Familiarity with commercial property, general liability, business interruption, engineering, or other relevant commercial insurance lines.
• Understanding of insurance regulations, compliance obligations, delegated underwriting authority, and internal governance requirements.
• Experience working with underwriting platforms, policy administration systems, claims databases, and digital document management tools.
• Strong analytical and quantitative skills, with the ability to assess complex information and identify material risk factors.
• Excellent decision-making, negotiation, and problem-solving capabilities.
• Strong written and verbal communication skills for preparing technical assessments and engaging with brokers and internal stakeholders.
• High attention to detail and a commitment to accurate documentation, consistent underwriting decisions, and confidentiality.
• Ability to manage multiple submissions, renewal deadlines, and competing priorities in a fully remote environment.
• Professional qualifications such as ACII, CPCU, or other recognized insurance and underwriting credentials are advantageous.

What We Offer

• A 100% remote working arrangement, allowing you to work from home.
• Competitive compensation based on experience, qualifications, and technical expertise.
• Opportunities to contribute to commercial risk assessment, portfolio optimization, and underwriting strategy.
• A collaborative environment that supports professional development and technical knowledge sharing.
• The opportunity to work on complex commercial insurance risks and contribute to sustainable portfolio performance.

How to Apply

Interested candidates should submit an updated CV highlighting their commercial underwriting experience, insurance product knowledge, risk assessment capabilities, and portfolio management achievements.

Applicants are encouraged to include relevant professional certifications, experience with underwriting systems, and examples of complex risks assessed or underwriting improvements implemented.

Application Subject Line: Application – Senior Commercial Underwriting Specialist (UAE Remote)

• Important: Candidates should confirm applicable employment arrangements, residency requirements, and work authorization before accepting an offer. Any regulated underwriting decisions, formal approvals, policy issuance, or other activities requiring specific authorization must be performed by appropriately authorized personnel in accordance with applicable laws, licensing requirements, and delegated authority. This job description is a general role profile and does not guarantee the availability of a specific vacancy.