Insurance Claim Executive (Marine)

Key Responsibilities

Insurance Claims Management

• Manage the end-to-end claims process for Hull & Machinery, Protection & Indemnity (P&I), Cargo, Liability, and Crew Injury/Work Injury Compensation claims.
• Assess claim validity by reviewing contracts, charter parties, incident reports, medical/legal documentation, and insurance policies.
• Ensure timely notification and filing of claims with insurers, brokers, and P&I Clubs in accordance with policy terms.
• Coordinate with surveyors, adjusters, and external legal counsel for claim assessments and negotiations.
• Track claim progress and pursue recoveries to achieve fair and timely settlements.

Legal & Compliance Support

• Assist in reviewing insurance clauses in contracts, charter parties, and agreements.
• Draft, review, and maintain claim-related correspondence, settlement agreements, and legal notices.
• Ensure compliance with international maritime conventions (MLC, SOLAS, MARPOL), flag state regulations, and local laws.
• Provide legal opinions and risk assessments on claim exposures.
• Support litigation or arbitration cases relating to marine insurance disputes when required.

Risk & Policy Support

• Provide claims analysis and legal input during annual insurance renewals.
• Identify contractual and operational risks from a legal and insurance perspective.
• Advise internal stakeholders (Operations, Crewing, Technical, Finance) on claim procedures and risk mitigation.
• Contribute to loss prevention initiatives by highlighting recurring legal/claims issues.

Reporting & Stakeholder Engagement

1. Prepare claim status reports, trend analyses, and legal updates for management
2. Act as the primary liaison with external parties including insurers, brokers, correspondents, and P&I Clubs.
3. Provide training and guidance to operations and vessel staff on incident reporting and insurance requirements.

Requirements

• 2–4 years of relevant experience in marine insurance claims, shipping law, or maritime legal practice.
• Knowledge of marine insurance (Hull & Machinery, P&I, Cargo, Crew, Liability) and maritime conventions.
• Formal legal qualifications desirable
• Strong legal drafting, analytical, and negotiation skills.
• Familiarity with charter parties, carriage of goods, and shipping contracts.
• Excellent communication skills to engage with international stakeholders.
• Proficient in Microsoft Office; experience with claims or case management systems preferred.