Senior Space Engineering Specialist
Role Overview
Work with the Space team in Dubai and London to strengthen underwriting and claims processes for space risks.
Support technical risk analysis, insurance underwriting, claims assessment, database development, and client and broker relationships.
Key Skills for This Role
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Company Context
elseco is a specialty insurance underwriting agency and Lloyd's Coverholder focused on space, aviation, accident and health, and energy insurance.
The ATOM technology platform is business critical to the company's operations and growth.
Role Overview
Work with the Space team in Dubai and London to strengthen underwriting and claims processes for space risks.
Support technical risk analysis, insurance underwriting, claims assessment, database development, and client and broker relationships.
Technical Analysis and Data
- Analyze platform and payload specifications for new and renewal placements, especially communication and observation payloads.
- Develop and maintain the proprietary space technical database and use internal and third-party databases for risk models and statistics.
- Capture and analyze space risk data in the ATOM proprietary platform.
- Analyze space insurance loss criteria and perform sensitivity testing.
Claims and Risk Assessment
- Support technical analysis of space failures, policy impact, and claims calculations within loss criteria.
- Participate in risk assessment for new business, renewals, and endorsements within underwriting authority.
- Review policy wording, pricing adequacy, satellite health reports, historical loss ratios, and line size for end-to-end risk assessment.
- Issue quotes in accordance with delegated authority rules and internal processes.
Market and Relationship Management
- Attend technical briefings and market meetings, prepare technical questions and summaries, and collaborate across the organization.
- Develop relationships with brokers and clients and promote the brand through content, conferences, roadshows, and market events.
Requirements
- Degree in aerospace engineering, payload engineering, or a related field.
- 8 to 10 years of satellite manufacturing experience, predominantly in payload system design and engineering.
- Proficiency in Microsoft software applications and experience or interest in automated processes and systems.
- Excellent written and verbal communication skills with the ability to explain complex technical specifications.
- Collaborative, meticulous, self-motivated, proactive, curious, and able to exercise independent judgment.
- Ability to develop engineering and space insurance product knowledge and learn new technologies.
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