Senior Commercial Underwriting Specialist

BIM Pure; United Arab Emirates; Remote; AED 300,000 - 540,000; Full time

Job summary

BIM Pure in the United Arab Emirates is seeking an experienced Senior Commercial Underwriting Specialist to assess insurance risks, review policy applications, and support underwriting decisions across business portfolios. This role will involve remote collaboration with brokers, actuaries, claims professionals, and internal teams to ensure compliant, sound underwriting outcomes.

The successful candidate will evaluate risk exposures across multiple lines, analyze financial information and loss

Qualifications

• Bachelor's degree in Insurance, Finance, Business Administration, Risk Management, Economics or a related discipline.
• Professional insurance qualifications such as ACII, FCII, CPCU, or equivalent credentials are an advantage.
• Significant experience in commercial insurance underwriting, risk assessment, or portfolio management.
• Strong understanding of commercial insurance products, policy structures, coverage conditions, exclusions, deductibles, and endorsements.
• Experience evaluating commercial risk submissions and recommending underwriting terms.
• Knowledge of risk assessment methodologies, loss history analysis, exposure evaluation, and risk mitigation practices.
• Familiarity with commercial property, liability, engineering, marine, or other relevant lines.
• Ability to interpret financial statements, claims reports, risk surveys, and technical docs.
• Understanding of underwriting pricing principles, premium adequacy, portfolio profitability, and loss-ratio analysis.
• Experience working within delegated underwriting authority frameworks and escalation procedures.
• Familiarity with underwriting platforms, policy administration systems, broker portals, and reporting tools.
• Knowledge of applicable insurance regulations, underwriting governance, internal controls, and compliance requirements.
• Strong analytical, quantitative, and decision-making skills.
• Excellent written and verbal communication skills for engaging with brokers, clients, and internal stakeholders.
• Strong negotiation and relationship-management abilities.
• High attention to detail and sound commercial judgment.

Responsibilities

• Evaluate commercial insurance submissions, proposal forms, supporting documents, and risk information to determine underwriting suitability.
• Assess risk exposures across property, general liability, professional liability, marine, engineering, and commercial package policies as applicable.
• Analyze financial information, business activities, loss histories, risk controls, and operational exposures to support underwriting assessments.
• Review risk characteristics, coverage requirements, policy limits, deductibles, exclusions, and endorsements.
• Recommend underwriting terms, conditions, pricing adjustments, and risk mitigation measures based on guidelines.
• Apply underwriting authority limits and refer complex risks to the appropriate approval level.
• Coordinate with brokers to obtain missing information, clarify risk details, and resolve submission discrepancies.
• Evaluate claims histories and loss ratios to identify risk trends and impacts on decisions.
• Review inspection reports, engineering assessments, risk surveys, and other technical docs.
• Support premium calculations and pricing reviews with actuarial and pricing teams.
• Monitor portfolio performance, risk accumulation, exposure concentrations, and market trends.
• Assist renewals by reviewing changes in exposures, claims experience, and risk profiles.
• Identify opportunities to improve portfolio profitability while maintaining risk discipline.
• Maintain underwriting files, decision records, risk assessments, and approval histories.

Skills

Analytical skills

Communication skills

Quantitative skills

Negotiation

Relationship management

Remote work capability

Education

Bachelor's degree in Insurance, Finance, Business Administration, Risk Management, Economics

ACII/FCII/CPCU or equivalent credentials

Job description

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 support underwriting decisions across business insurance portfolios. This role involves risk analysis, coverage evaluation, pricing support, policy terms review, portfolio monitoring, and underwriting compliance. The successful candidate will collaborate remotely with brokers, insurance intermediaries, actuarial teams, claims professionals, and internal stakeholders to ensure commercially sound, risk-appropriate underwriting outcomes while maintaining compliance with applicable insurance regulations and organizational standards.

Key Responsibilities

• Evaluate commercial insurance submissions, proposal forms, supporting documents, and risk information to determine underwriting suitability.
• Assess risk exposures across relevant commercial insurance lines, including property, general liability, professional liability, marine, engineering, and commercial package policies, as applicable.
• Analyze financial information, business activities, loss histories, risk controls, and operational exposures to support underwriting assessments.
• Review risk characteristics, coverage requirements, policy limits, deductibles, exclusions, and proposed endorsements.
• Recommend appropriate underwriting terms, conditions, pricing adjustments, and risk mitigation measures based on established underwriting guidelines.
• Apply underwriting authority limits and refer complex, unusual, or high-value risks to the appropriate approval level.
• Coordinate with brokers and intermediaries to obtain missing information, clarify risk details, and resolve submission discrepancies.
• Evaluate claims histories and loss ratios to identify risk trends and assess their potential impact on underwriting decisions.
• Review inspection reports, engineering assessments, risk surveys, and other technical documentation provided by qualified assessors.
• Support premium calculations and pricing reviews in collaboration with actuarial and pricing teams.
• Monitor portfolio performance, risk accumulation, exposure concentrations, and emerging market trends.
• Assist with renewal assessments by reviewing changes in insured exposures, claims experience, policy conditions, and risk profiles.
• Identify opportunities to improve portfolio profitability while maintaining appropriate risk selection and underwriting discipline.
• Maintain accurate underwriting files, decision records, risk assessments, referral documentation, and approval histories.
• Ensure underwriting decisions align with internal policies, delegated authorities, product guidelines, and applicable regulatory requirements.
• Support underwriting audits, quality assurance reviews, compliance assessments, and internal control evaluations.
• Collaborate with claims teams to review loss trends and incorporate relevant claims insights into underwriting practices.
• Prepare underwriting reports, portfolio summaries, performance dashboards, and management recommendations.
• Monitor changes in insurance products, market conditions, industry risks, and regulatory expectations that may affect underwriting strategies.
• Provide technical guidance and coaching to junior underwriters and underwriting support personnel.
• Recommend improvements to underwriting workflows, submission quality, risk assessment methodologies, and digital underwriting tools.

Qualifications and Experience

• Bachelor's degree in Insurance, Finance, Business Administration, Risk Management, Economics, or a related discipline.
• Professional insurance qualifications, such as ACII, FCII, CPCU, or equivalent credentials, are an advantage.
• Significant experience in commercial insurance underwriting, risk assessment, or commercial insurance portfolio management.
• Strong understanding of commercial insurance products, policy structures, coverage conditions, exclusions, deductibles, and endorsements.
• Experience evaluating commercial risk submissions and recommending appropriate underwriting terms.
• Knowledge of risk assessment methodologies, loss history analysis, exposure evaluation, and risk mitigation practices.
• Familiarity with commercial property, liability, engineering, marine, or other relevant commercial insurance lines.
• Ability to interpret financial statements, claims reports, risk surveys, and technical supporting documentation.
• Understanding of underwriting pricing principles, premium adequacy, portfolio profitability, and loss-ratio analysis.
• Experience working within delegated underwriting authority frameworks and escalation procedures.
• Familiarity with underwriting platforms, policy administration systems, broker portals, and reporting tools.
• Knowledge of applicable insurance regulations, underwriting governance, internal controls, and compliance requirements.
• Strong analytical, quantitative, and decision-making skills.
• Excellent written and verbal communication skills for engaging with brokers, clients, and internal stakeholders.
• Strong negotiation and relationship-management abilities.
• High attention to detail, sound commercial judgment, and a commitment to consistent underwriting standards.
• Ability to manage multiple submissions, renewals, and competing deadlines in a fully remote environment.
• Proficiency in spreadsheet analysis, digital documentation, and underwriting reporting tools.

What We Offer

• A fully remote, work-from-home opportunity within the UAE employment context.
• Competitive compensation aligned with experience, qualifications, and underwriting expertise.
• Opportunities to contribute to commercial risk selection, portfolio performance, and underwriting strategy.
• Collaboration with experienced professionals across underwriting, actuarial, claims, and risk management functions.
• Opportunities for professional development and advancement within commercial insurance.