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 • Prepare claim status reports, trend analyses, and legal updates for management • Act as the primary liaison with external parties including insurers, brokers, correspondents, and P&I Clubs. • 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.