Senior Space Insurance Engineer - Platform & Risk

elseco Limited; United Arab Emirates; On-site; AED 400,000 - 600,000; Full time

Job summary

elseco is a high technology specialty insurance underwriting agency and Lloyd's Coverholder. Based in Dubai, the company leads Space insurance and operates the ATOM platform for robust risk data management.

We seek a senior space risk engineer to join the Dubai/London team, focusing on platform and payload analysis, data modeling, and broker/client relationships. Applicants should have an aerospace-related degree and 8–10 years in satellite payload systems, plus strong communication and a

Qualifications

• Degree in Aerospace or payload engineering or related field.
• 8–10 years in satellite manufacturing, payload system design/engineering.
• Proficient with Microsoft Office and data analysis.
• Excellent written and verbal communication; team player.
• Ability to learn new technologies and work across teams.

Responsibilities

• Technical analysis of platform and payload specifications for new and renewal incoming insurance placements, with an emphasis on communication and observation payloads.
• Development and maintenance of elseco proprietary space technical database to ensure accuracy and integrity of data.
• Use of elseco database and relevant third-party databases to develop models and statistics on Space risks.
• Perform analysis and sensitivity testing of space insurance policy loss criteria.
• Support the Claims Manager in analysing the technical aspects of failure and impact to the policy, plus perform calculations of all space claims within the parameters of the loss criteria.
• Attend technical briefings and market meetings as and when required, draft technical questions and prepare summaries.
• Promote the elseco brand at all times and cross collaborate across the organization.
• Issuing quotes in line with Delegated Authority rules and internal processes
• Space Risk data capture in ATOM (proprietary system) and analysis
• Develop and maintain relationships with brokers and clients
• Promotion of the brand in the space industry and insurance market, including content production and participation to conferences, roadshows and market events
• Participation to Risk Assessment: including but not limited to: New Business, Renewals, endorsements to current policies, always working within the Underwriting Authority agreement framework and the Underwriters
• Involved in end-to-end risk review, including policy wording analysis, pricing adequacy, satellite health report review, historical loss ratio analysis and line size determination
• Contributes to the acquisition and entry of all relevant space risk data in the ATOM platform

Skills

Satellite payload engineering

Microsoft Office

Excellent communication

Team player

Attention to detail

Self-motivated

Learning agility

Automation interest

Stakeholder management

Education

Bachelor's degree in Aerospace or Payload Engineering or related field

Tools

ATOM platform

Job description

elseco is a high technology specialty insurance underwriting agency and Lloyd's Coverholder. Based in Dubai, the company leads Space insurance and operates the ATOM platform for robust risk data management.

We seek a senior space risk engineer to join the Dubai/London team, focusing on platform and payload analysis, data modeling, and broker/client relationships. Applicants should have an aerospace-related degree and 8–10 years in satellite payload systems, plus strong communication and a