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 evaluate, analyze, and manage commercial insurance risks across business portfolios. This fully remote position is responsible for assessing submissions, reviewing risk exposures, determining appropriate coverage terms, supporting pricing decisions, and maintaining underwriting quality in line with organizational guidelines and applicable insurance regulations.

The successful candidate will work closely with brokers, clients, claims teams, actuarial specialists, and internal stakeholders to develop commercially sound underwriting decisions while balancing portfolio profitability, risk appetite, and customer requirements.

Key Responsibilities

• Review and assess commercial insurance submissions, proposals, renewal applications, and supporting documentation.
• Evaluate business operations, industry exposures, insured assets, liability risks, and relevant loss histories.
• Analyze risk information to determine insurability, coverage requirements, and appropriate underwriting conditions.
• Assess policy limits, deductibles, exclusions, endorsements, warranties, and special terms.
• Prepare underwriting recommendations based on risk appetite, pricing guidelines, and portfolio objectives.
• Review technical pricing information, loss ratios, exposure data, and historical claims performance.
• Evaluate property, liability, engineering, marine, motor fleet, professional indemnity, and other commercial insurance risks, as applicable.
• Review risk engineering reports, inspection findings, financial statements, and other specialist assessments.
• Coordinate remotely with brokers and distribution partners to clarify submissions and obtain outstanding information.
• Negotiate coverage terms, premiums, deductibles, and conditions within delegated underwriting authority.
• Assess renewal portfolios and identify changes in risk exposure, claims experience, and business circumstances.
• Monitor portfolio performance, underwriting results, premium adequacy, and emerging risk trends.
• Identify adverse selection, accumulation exposures, and potential concentrations of risk.
• Refer complex, high-value, unusual, or out-of-authority risks to the appropriate underwriting management or approval committee.
• Maintain accurate underwriting files, decision records, pricing rationale, and supporting documentation.
• Ensure underwriting decisions are consistent with internal policies, risk appetite, and applicable regulatory requirements.
• Support audits, quality assurance reviews, and underwriting file assessments.
• Collaborate with actuarial, claims, reinsurance, compliance, and finance teams on portfolio performance and risk matters.
• Contribute to underwriting guideline development, process improvements, and technical knowledge-sharing initiatives.
• Prepare management reports covering submission volumes, quote conversion, renewal retention, premium trends, and portfolio profitability.

Qualifications and Experience

• Bachelor's degree in Insurance, Risk Management, Finance, Business Administration, Actuarial Science, or a related discipline.
• Significant experience in commercial insurance underwriting or commercial risk assessment.
• Strong understanding of commercial insurance products, policy structures, coverage conditions, exclusions, and endorsements.
• Experience evaluating corporate clients, business operations, insured assets, and liability exposures.
• Knowledge of underwriting principles, risk selection, pricing methodologies, and portfolio management.
• Ability to interpret loss histories, financial information, risk surveys, and technical reports.
• Experience reviewing new business submissions, renewals, endorsements, and midterm policy changes.
• Understanding of claims development, loss ratios, exposure analysis, and premium adequacy.
• Familiarity with underwriting authority frameworks, referral procedures, and risk appetite requirements.
• Knowledge of relevant insurance regulations, market practices, and compliance standards.
• Experience using underwriting platforms, policy administration systems, and insurance data tools.
• Strong analytical, numerical, and commercial decision-making skills.
• Excellent written communication, negotiation, and stakeholder management abilities.
• High attention to detail and strong documentation practices.
• Ability to manage a varied underwriting portfolio and competing deadlines independently.
• Professional insurance qualifications, such as ACII, CII, or equivalent, are advantageous.
• Experience with international commercial insurance markets or multinational accounts is an advantage.

What We Offer

• Fully remote, work-from-home employment arrangement within the UAE-based role framework.
• Opportunity to manage diverse commercial insurance risks and contribute to portfolio strategy.
• Collaboration with experienced underwriting, actuarial, claims, and risk professionals.
• Professional development and opportunities to strengthen technical underwriting expertise.
• A performance-focused environment that values sound judgment, analytical accuracy, and responsible risk selection.

How to Apply

Interested candidates should submit an updated CV highlighting their experience in commercial underwriting, risk evaluation, insurance pricing, policy analysis, and portfolio management.

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

Candidates should confirm applicable employment arrangements, residency requirements, and work authorization before accepting an offer.

• Important scope clarification: This position is designed for 100% remote underwriting analysis, digital documentation review, portfolio monitoring, and virtual coordination. Physical risk surveys, site inspections, and specialist assessments must be conducted by appropriately qualified local professionals. Binding decisions, formal underwriting approvals, and regulated insurance activities must remain within the authority of appropriately licensed or delegated personnel.