Space Engineering Specialist - Risk Analysis and Underwriting

This role is designed for satellite payload and space systems engineers who want to work on real in-orbit failures, claims analysis, and mission risk, with structured training into underwriting and risk decision-making. At elseco, we don’t just insure missions, we analyze, model, and mitigate risk for the most ambitious space projects, from satellite constellations to lunar expeditions. Join a team where engineering expertise directly informs high-stakes insurance decisions, shaping the future of space operations.

Join the Vanguard of Humanity's Greatest Adventure

At elseco, we don't just insure rockets, we ignite the stars. As a high-tech specialty insurance underwriting group and Lloyd’s Coverholder, we collaborate with over 50 global insurers and reinsurers to unleash capital for the space economy. Our cutting-edge Insurtech platform, ATOM 3.0, leverages big data, AI analytics, and real-time modeling to de-risk bold projects, from satellite fleets to lunar outposts. The space industry's $1.4 trillion valuation signals the surge: the sector could hit $1.8 trillion by 2035, revolutionizing connectivity, climate solutions, and exploration. This frontier requires visionary minds to conquer threats like technical breakdowns, debris collisions, cyber attacks, and geopolitical risks.

As a Space Engineering Specialist you'll architect cross-disciplinary bridges: spanning engineering, finance, law, and insurance to protect and propel worldwide space breakthroughs.

The role is based in our headquarter in DIFC, Dubai, United Arab Emirates. The role requires a mandatory base location in Dubai for the first 3 years, with the opportunity for internal mobility thereafter, including potential relocation to our London office or other future elseco locations globally.

Your Mission: Empower the Space Revolution

Envision decisions that empower satellites to track deforestation in real time, preserving ecosystems; fund Mars expeditions for human survival; or design policies shielding constellations from solar flares directly advancing a sustainable Earth and multi-planetary era.

Key Responsibilities:

• Lead risk evaluations for satellites and missions, analyzing payloads, orbital paths, and hazards (e.g., debris, solar activity, collisions) using ATOM 3.0 tools.
• Investigate failures and anomalies, quantify impacts, and support rapid claims assessments.
• Collaborate with engineers, data scientists, and underwriters to design innovative risk solutions for constellations, space tourism, and deep-space projects.
• Develop proprietary data and AI models to forecast risks and optimize mitigation strategies.
• Represent elseco at conferences and technical forums, sharing insights and advancing thought leadership in space risk.
• Partner worldwide with engineers, lawyers, bankers, and data experts to craft innovative insurance products that reduce risks and draw investments for constellations, tourism, and deep-space endeavors.
• Promote elseco at global conferences, roadshows, and alliances creating thought-leadership content to influence the sector.
• Fuel strategic expansion: From instant underwriting flows to novel offerings like constellation catastrophe protections, position us as the essential ally for space enterprises globally.

Who We're Seeking: The World's Top Talent

• Background in Aerospace, Satellite Engineering, Space Systems, or related technical fields.
• Motivated, curious, and able to translate technical failures into actionable risk insights.
• Strong problem-solving skills and analytical rigor, with the ability to work across multidisciplinary teams.
• Eager to transition from engineering to underwriting, maintaining technical identity while developing expertise in risk assessment and insurance decisions.
• Fluent in English; additional languages a plus.

Why elseco? Your Launchpad to Impact

• Already world top space underwriting and sustainability team in the world
• Work at the forefront of space risk analysis and underwriting.
• Hands-on experience with top satellite programs and emerging space technologies
• Exceptional advancement: Engage ATOM 3.0, frontier R&D, and networks at the industry's core.
• Dubai HQ in a safe, family-friendly city, offering tax-free income, exposure to global markets, industry leaders, and cutting-edge space projects within a vibrant, multicultural hub.
• Join a high-energy, mission-driven team shaping the future of space underwriting.

Call to Action:

If you are ready to analyze high-stakes space missions, impact multi-million-dollar decisions, and transition into underwriting, apply with your resume and a brief note on a recent satellite anomaly or payload failure you found compelling.