Shaping the Future of Specialty Insurance
elseco is a technology-enabled specialty insurance underwriting group and Lloyd's Coverholder operating across Space, Aviation, Energy, and Accident & Health (A&H). Through strong partnerships with more than 50 global insurers and reinsurers, elseco delivers underwriting expertise and innovative risk solutions across complex and evolving international markets.
Headquartered in the Dubai International Financial Centre (DIFC), Dubai, UAE, and regulated by the Dubai Financial Services Authority (DFSA), elseco employs approximately 120 professionals across its international operations, with regulated offices in the UK, Canada, Singapore, and Washington DC.
Powered by its proprietary Insurtech platform, ATOM 3.0, elseco combines advanced analytics, data intelligence, and technology-driven capabilities to support underwriting excellence, operational efficiency, portfolio resilience, and informed decision-making across all business lines.
As the specialty insurance market continues to evolve in response to geopolitical, cyber, environmental, operational, and technological risks, elseco remains focused on building scalable, efficient, and data-led underwriting operations that support sustainable growth and long-term value creation.
JOB PURPOSE / MANDATE
The Technical Analyst is part of the elseco Energy Underwriting Team in Dubai. He/She supports the Energy Underwriters and Client Advocates through a combination of technical analysis, underwriting support, data management, reporting, and operational activities.
The Technical Analyst is responsible for maintaining the integrity of underwriting data, supporting portfolio analysis, ensuring the timely processing of underwriting documentation, and contributing to the continuous improvement of underwriting systems and processes. The role liaises closely with Underwriters, Client Advocates, Brokers, Finance, Compliance, Operations, and Technology teams.
The Technical Analyst reports to the Head of Energy and is based in Dubai.
SPECIFIC DUTIES AND RESPONSIBILITIES
- Monitor, review, and coordinate the processing of underwriting information and report progress during underwriting meetings.
- Participate in weekly underwriting review meetings and provide analytical and operational support to the underwriting team.
- Ensure underwriting databases and risk management systems are updated accurately and in a timely manner.
- Assist underwriters in processing all contract documentation accurately and within agreed timelines.
- Verify underwriting subjectivities and conduct database checks to support underwriting decisions.
- Upon receipt of policy documentation, ensure policies are booked accurately within the Policy Operating System or any designated underwriting system.
- Support Client Advocates and Underwriters in managing and reporting country, regional, and portfolio aggregates, including data entry into aggregation control systems and quality control of associated information.
- Generate reports, management information (MI), portfolio analyses, and underwriting statistics from the Policy Operating System, ATOM 3.0, or any designated reporting platform.
- Monitor the quality and integrity of underwriting data and maintain logs of exceptions, data quality issues, and compliance-related matters.
- Contribute to portfolio analysis, risk accumulation monitoring, exposure reporting, and underwriting performance reviews.
- Act as a source of ideas for improving underwriting processes, reporting capabilities, data quality, and operational efficiency, and support implementation of approved initiatives.
- Serve as a key user of ATOM 3.0 and other underwriting systems, liaising with Technology and Operations teams regarding system enhancements, upgrades, testing, and issue resolution.
- Support ad hoc projects, research assignments, business improvement initiatives, and strategic projects assigned by the Head of Energy and underwriting management.
KNOWLEDGE AND SKILLS
- Degree educated in Engineering (mechanical, electrical, civil or process engineering)
- 2 - 3 years of relevant experience in engineering, underwriting support, insurance operations, portfolio analysis, risk analysis, energy insurance, or a related analytical role or experience as a loss adjuster with relevant technical expertise
- Proficient in Microsoft Office applications, particularly Excel, with a strong interest in data analysis, reporting, automation, and technology-enabled processes.
- Highly numerate with strong analytical and problem-solving capabilities.
- Excellent verbal and written communication skills, with the ability to communicate complex information clearly and effectively.
- Strong attention to detail, accuracy, and organisational skills.
- Professional, self-motivated, proactive, and solution-oriented.
- Ability to manage multiple priorities and operate effectively in a dynamic and multicultural environment.
- Strong team player with the ability to collaborate across underwriting, operations, finance, compliance, and technology functions.
- Ability to learn and understand new technologies, underwriting systems, and insurance products.
- Maintain and develop knowledge of Energy insurance products, underwriting principles, market developments, and industry trends.
