Underwriter Space Economy

Client of Talentmate

Employer Active

Posted 20 hrs ago

Experience

3 - 4 Years

Education

Bachelor of Business Administration(Management)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Job Description

Effectively market and articulate the company s value proposition and product offering to brokers and clients.

  • Collaborate with colleagues to achieve goals and drive cross-sell opportunities.
  • Communicate directly and proactively with clients to understand and underwrite their innovative technologies.
  • Work in partnership with clients, brokers, and third parties to develop unique and tailored solutions (including insurance products) to mitigate the risks arising from these.
  • Contribute to the development of groundbreaking insurance products that address complex and emerging risks. This includes creating new product concepts, designing features and endorsements, and ensuring that products are tailored to meet the evolving needs of our current and future clients.
  • Liaise and collaborate with internal stakeholders, such as Distribution, Underwriting, Actuarial, Claims, Reinsurance, and Technology (among others) to research, evaluate and underwrite these complex risks, ensuring a balanced approach between risk-taking and profitability.
  • Work closely with actuaries to develop and refine rating models that accurately reflect the risks associated with emerging technologies in the Space Economy, ensuring competitive and sustainable pricing.
  • Prepare detailed reports on risk exposures, highlighting potential impacts on the portfolio and recommending strategies to mitigate adverse effects.
  • Conduct in-depth research on emerging trends, technologies, and regulatory changes in the Space Economy sector that could impact the insurance landscape. Use insights to inform product development and underwriting decisions.
  • Collaborate internally and externally to conduct market analysis and competitor assessments to identify gaps and opportunities in the insurance landscape to inform product development and underwriting strategies.
  • Represent the company at industry events, conferences and seminars as a subject matter expert on insuring emerging technologies. Contribute to white papers, blogs, and other thought leadership initiatives.
  • Continuously seek opportunities to enhance underwriting processes and product offerings by integrating new technologies and methodologies.
  • Ensure that all underwriting activities comply with regulatory requirements and internal policies.

  • General

    • Collaborate with various internal departments on strategic initiatives for the business which may not be owned by Product Innovation but require support.
    • Mentor and guide other Product Innovation team members and Underwriting staff, where required.
    • Engage with, and contribute to, business-wide KPIs, including but not limited to: GWP targets, CSR requirements, and CPD requirements.


    WHAT YOULL BRING TO THE TABLE

    • Minimum of 3 years of underwriting experience in commercial insurances for innovative and fast-moving technology sectors. Experience in insuring the new space economy and its emerging technologies is a distinct advantage.
    • Bachelors degree in aerospace engineering or a related field. Professional Insurance qualifications (e.g., ACII, CPCU) are highly desirable.
    • Strong analytical and critical-thinking skills with the ability to assess complex risks and problem solve.
    • Experience in developing rating models in collaboration with actuaries.
    • Experience in developing product wordings through collaboration.
    • Expertise in preparing risk exposure reports and presenting findings to senior management.
    • Entrepreneurial mindset with a passion for innovation and staying ahead of industry trends.
    • Excellent communication and interpersonal skills, with the ability to build strong relationships with internal and external stakeholders.
    • Proven ability to work in a fast-paced, dynamic environment and manage multiple priorities.
    • Strategic thinking with a strong business acumen and a results-oriented approach.
    • Effective project management skills, with the ability to work across functions to meet deadlines and deliverables.
    • Effective communication and presentation abilities, with a knack for conveying complex ideas in a clear and persuasive manner.
    • Strong organizational and time management skills.
    • Advanced skills across all Microsoft Office applications (familiarity with Mac OS is a plus).
    • Ability to work outside of core hours and travel overseas, as required.


    WHAT WE OFFER

    • Generous Paid Time Off (PTO): You ll receive 28 days of Paid Time Off (PTO) annually, giving you the flexibility to take care of personal matters or vacation.
    • Full Health Coverage: The company fully covers your medical, dental, vision, life, and disability insurance to ensure you and your family are well taken care of.
    • Paid Sick Days: 60 paid sick day as per the DIFC employment law.
    • Professional Development & Mentorship: We invest in your growth through professional development opportunities, training, and mentorship programs, helping you advance in your career.
    • Wellness Stipend: Take care of yourself with a monthly wellness stipend to support your health and well-being.
    • Your Voice Matters: Work in an environment where your opinions and ideas are valued and play a crucial role in driving the success of our team.
    • Endless Growth Opportunities: Enjoy a multitude of career growth opportunities, ensuring that you have the resources to thrive and advance within the company.


    At Relm, you won t just join a company - you ll be part of a team that s shaping the future. If you re ready to make an impact, we d love to hear from you.

    Job Details
    Role Level: Mid-Level Work Type: Full-Time Country: United Arab Emirates City: Dubai Company Website:

    Department / Functional Area

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