Senior Underwriting Specialist

We're Hiring: Senior Underwriting Specialist

Location:
United Arab Emirates (Remote) Employment Type: Full-Time Experience Level: Senior Work Arrangement: Fully Remote

About Us
We are a globally focused insurance organization committed to delivering responsible, sustainable, and customer-focused risk solutions across diverse markets. Our teams collaborate across Underwriting, Actuarial, Claims, Risk, Broking, Sales, Compliance, Legal, Finance, Operations, and Technology to make informed insurance decisions and maintain strong portfolio performance. Our underwriting function combines risk assessment, financial analysis, policy structuring, pricing support, portfolio management, regulatory compliance, and disciplined decision-making to provide appropriate insurance protection while maintaining sound risk standards. The Role We are seeking an experienced Senior Underwriting Specialist to assess complex insurance risks, evaluate applications, structure coverage, review policy terms, support pricing decisions, and manage underwriting quality across assigned portfolios. The ideal candidate will combine advanced underwriting expertise with strong analytical, commercial, risk-management, and stakeholder-management capabilities. The role will work closely with brokers, agents, actuaries, claims teams, risk specialists, customers, and internal leadership to ensure risks are appropriately evaluated, priced, documented, approved, and monitored throughout the insurance lifecycle.

Key Responsibilities

Manage and assess complex insurance submissions across assigned lines of business. Review applications, underwriting submissions, risk information, financial data, loss histories, and supporting documentation. Evaluate the nature, severity, frequency, and potential financial impact of insured risks. Analyze exposures, risk characteristics, claims history, policy requirements, and relevant market conditions. Determine risk acceptability in accordance with underwriting guidelines, delegated authorities, and risk appetite. Recommend acceptance, modification, referral, or declination of risks based on documented underwriting criteria. Develop appropriate coverage structures, limits, deductibles, exclusions, conditions, warranties, and endorsements. Review and interpret policy wording, clauses, endorsements, schedules, and other coverage documentation. Assess risks across relevant insurance classes including property, casualty, liability, motor, marine, professional, financial, specialty, or other applicable lines. Analyze financial statements, business models, operational information, asset values, and other financial indicators where relevant to underwriting. Evaluate insured values, replacement costs, revenue exposures, payroll, turnover, asset concentrations, and other underwriting data. Review historical claims and loss experience to identify trends, recurring causes, severity patterns, and potential future exposures. Conduct risk analysis using quantitative and qualitative information. Perform scenario analysis and stress testing for significant or complex risks. Assess catastrophe, accumulation, concentration, geographic, operational, and other portfolio exposures where applicable. Review risk-improvement recommendations, engineering reports, inspections, surveys, and loss-control information. Coordinate with risk-engineering specialists to understand material physical and operational exposures. Support the development and review of underwriting pricing recommendations. Evaluate premium adequacy, deductibles, limits, risk quality, and other factors affecting underwriting profitability. Work with Actuarial and Pricing teams to understand rating assumptions, loss-cost information, technical pricing, and portfolio trends. Compare proposed terms against underwriting guidelines, historical performance, market conditions, and risk appetite. Negotiate appropriate terms, conditions, pricing, deductibles, and coverage structures with brokers and distribution partners. Build and maintain productive relationships with brokers, agents, intermediaries, clients, and other external stakeholders. Provide timely and technically sound responses to underwriting inquiries and complex risk submissions. Prepare underwriting referrals and present complex cases to senior underwriters, underwriting committees, or authorized decision-makers. Ensure all underwriting decisions are properly documented, justified, and supported by relevant risk information. Maintain accurate underwriting files, risk assessments, quotations, approvals, correspondence, and policy documentation. Verify that issued policies accurately reflect approved underwriting terms and conditions. Coordinate with Policy Administration and Operations teams to ensure accurate and timely policy issuance. Review endorsements, mid-term adjustments, renewals, cancellations, and other policy changes. Assess changes in risk exposure throughout the policy period and determine appropriate u