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 support the assessment, pricing, risk evaluation, and portfolio management of commercial insurance business. The role focuses on analyzing business exposures, reviewing underwriting submissions, evaluating risk information, assessing policy terms, and developing technically sound underwriting recommendations across commercial insurance products.

The successful candidate will collaborate remotely with brokers, agents, risk engineers, claims teams, actuarial specialists, and internal underwriting stakeholders to support profitable portfolio growth while maintaining appropriate risk controls. The position requires strong commercial judgment, analytical capabilities, and a thorough understanding of insurance principles and market conditions.

Key Responsibilities

• Review and assess commercial insurance submissions, proposals, applications, and supporting risk documentation.
• Analyze business activities, financial information, operational exposures, claims histories, and other relevant risk indicators.
• Evaluate risks across commercial insurance lines, including property, general liability, professional indemnity, marine, engineering, and other business insurance products.
• Assess risk acceptability against underwriting guidelines, appetite statements, authority limits, and portfolio objectives.
• Prepare underwriting analyses and recommendations based on exposure characteristics, historical loss experience, and available risk information.
• Review proposed policy terms, conditions, exclusions, deductibles, limits, and endorsements.
• Support premium assessment and pricing analysis using established rating methodologies and actuarial inputs.
• Evaluate risk improvement recommendations and review supporting documentation from qualified risk engineers and surveyors.
• Coordinate remotely with brokers and distribution partners to obtain missing information and clarify submission details.
• Identify unusual exposures, adverse claims patterns, accumulation risks, and potential underwriting concerns.
• Review renewal portfolios and recommend appropriate terms based on changes in exposure, claims experience, and market conditions.
• Monitor underwriting performance, loss ratios, premium adequacy, retention rates, and portfolio profitability.
• Support the development and refinement of underwriting guidelines, pricing assumptions, and risk selection criteria.
• Review reinsurance requirements and coordinate with reinsurance specialists regarding capacity, treaty restrictions, and facultative support.
• Maintain accurate underwriting records, risk assessments, pricing analyses, and decision-support documentation.
• Support portfolio reviews, underwriting audits, quality assurance activities, and compliance assessments.
• Monitor developments in commercial insurance markets, emerging risks, regulatory requirements, and industry practices.
• Prepare management reports covering underwriting performance, portfolio composition, exposure concentrations, and risk trends.
• Recommend process improvements to strengthen underwriting consistency, documentation quality, and operational efficiency.
• Provide technical guidance to junior underwriters and support knowledge-sharing across underwriting teams.

Qualifications and Experience

• Bachelor's degree in Insurance, Finance, Business Administration, Risk Management, Economics, or a related discipline.
• Typically 5–8 years of experience in commercial insurance underwriting, risk assessment, insurance portfolio management, or a related field.
• Strong understanding of commercial insurance products, policy structures, coverage provisions, exclusions, and underwriting principles.
• Experience assessing commercial risks across one or more business insurance lines.
• Knowledge of underwriting guidelines, risk appetite frameworks, pricing methodologies, and delegated authority structures.
• Familiarity with claims analysis, loss ratios, exposure assessment, and portfolio profitability monitoring.
• Understanding of reinsurance arrangements and their impact on underwriting capacity and risk retention.
• Familiarity with applicable UAE insurance regulations and relevant international underwriting practices.
• Experience using underwriting platforms, insurance administration systems, rating tools, and digital document management applications.
• Ability to interpret financial statements, operational records, risk surveys, claims histories, and technical reports.
• Strong analytical, commercial, and decision-support skills.
• Excellent report-writing, negotiation, and stakeholder communication abilities.
• Ability to manage multiple submissions and renewal deadlines in a fully remote environment.
• High standards of accuracy, confidentiality, professional integrity, and risk awareness.
• Professional qualifications such as ACII, FCII, ANZIIF, CPCU, or equivalent insurance credentials are advantageous.

What We Offer

• A fully remote, work-from-home position based in the UAE.
• Opportunities to contribute to commercial underwriting strategy and portfolio development.
• Collaboration with experienced insurance, actuarial, risk, and reinsurance professionals.
• Exposure to diverse commercial insurance products and complex risk profiles.
• Professional development and opportunities for career advancement.

How to Apply

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

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

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

Remote-work scope and authorization: This position covers remote underwriting analysis, risk documentation review, pricing support, portfolio monitoring, and coordination with brokers and technical specialists. Physical property inspections, engineering surveys, site assessments, and in-person risk evaluations must be conducted by qualified local personnel. Binding underwriting decisions, policy issuance, premium commitments, acceptance of risks outside delegated authority, reinsurance commitments, regulatory filings, and formal compliance approvals must be completed or authorized by appropriately licensed or delegated insurance professionals in accordance with applicable requirements and internal governance procedures.