Maritime Insurance Specialist

RESPONSIBILLITIES

Insurance Operations:
- Collaborate with the GGC to report on insurance cover arrangements, premiums, and recoveries.
- Liaise with brokers for documentation and coverage issues, assisting commercial hubs promptly.
- Follow up on hull claims with brokers in coordination with the fleet’s operation team.
- Coordinate with brokers and relevant offices for timely renewal of all corporate and business insurance policies globally (e.g., professional indemnity, workers compensation, liability, marine cargo, directors and officers, travel, business interruption, cyber security, property, auto liability).
- Prepare reports and presentations on claims records for insurance renewals.
- Instruct brokers to arrange and place appropriate insurance programs.
- Resolve insurance queries from departments and third parties.
- Explore additional insurance covers such as war risk, piracy, K&R, and loss of hire.
- Maintain records of all insurance covers, premiums, policies, and loss records.

Contract Insurance Reviews:
- Review and identify issues in policy wordings.
- Ensure contract terms are covered by existing insurance, propose amendments, and arrange additional insurance if needed.

Claims Handling:
- Ensure timely filing and notification of claims to brokers/underwriters.
- Maximize and expedite claim recoveries by working with brokers, loss adjusters, insurers, and internal stakeholders.

Business Partnering:
- Train key stakeholders to ensure timely submission of potential insurance claims.

Data Analysis and Loss Prevention:
- Identify loss trends and recommend corrective actions.
- Report monthly on claims trends and incident frequency to the GGC.
- Compile claim statistics and periodic reports to the GGC, including claims listings and loss records.
- Liaise with Average Adjustors for General Average declarations and assist with Particular Average claims for the owned fleet.

REQUIREMENTS:
- Degree in Engineering / Business / Insurance from a recognized university.
- 3 to 5 years of experience working in the insurance industry.
- Familiarity with insurance policies common in the shipping industry, like professional indemnity, Hull and Machinery, all risk, marine cargo, comprehensive general liability, products liability, public liability, directors and officer insurance and employers’ liability.
- Well versed with insurance terms and conditions, common endorsements/exclusions, typical costs of different insurance policies.
- Good interpersonal and strong leadership skills.
- Excellent written and verbal communication skills with the ability to inspire confidence at all levels within the business.

Triton AI Pte Ltd
Registration Number: Rxxxxxxx
EA: 21C0661