Cargo Insurance Manager

Job Location

Navi Mumbai

Published By

P.S International

Type of Job

Permanent

Salary Range

17 - 25 LPA

Published Date

July 29, 2022, 10:23:00 AM

Experience Required

9 - 16 Years

Qualification

M.B.A

Job Description

Key Duties and Responsibilities :

  • Marine Cargo Insurance expertise.

  • Assist in verifying policy limits, deductibles, locations, exclusions, and endorsements.

  • Investigate each claim and evaluate coverage, liability and damages.

  • Review coverage matters, analyses, and determinations.

  • Ensure that claims are analysed for coverage, documentation and are adjusted and paid properly within company guidelines.

  • Evaluate coverage and liability.

  • Analyse claim loss and expense exposure and ensures that all assigned claims are properly and timely reserved.

  • Develop and pursue actions that are designed to protect the insured and achieve optimal claim outcomes.

  • Design and implement an overall risk management process for the organization, which includes an analysis of the financial impact on the company when risks occur.

  • Assess and evaluate risks that affect the company and ensure risks are property addressed and mitigated.

  • Report claims to the carriers, gather information from internal customers, provide documentation for the claim, present estimates, respond to legal proceedings, etc.

  • Understand the level of risk the company is willing to accept and ensure insurance programs are consistent with the risk tolerance.

  • Create and communicate business continuity plans to limit risks.

  • Maintain records of insurance policies and claims.

  • Oversee claims management, including General Liability, Property, Marine Cargo, Employers Liability, Auto, and credit.

  • Develop policies and procedures and provides training and educational materials to enhance risk awareness with management and employees.

  • Provide technical advice on insurance related matters, loss prevention and other risk management issues.

    Skills/Qualifications:

  • Strong analytical skills.

  • Well organized, attention to detail and effective time management skills.

  • Excellent professional written and verbal communication skills.

  • Proficient with Excel, Word and Power point.

  • Functions with a sense of urgency.

  • Experience in handling a variety of Marine and/or Inland Marine claims - Cargo, P&I - -, hull, and marine liability claims as well as Contractor's Equipment.

  • Superior skills in developing claim strategies to effectuate dispositions.

  • Ability to use analytical methods in the claim examining processes to find workable solutions.

About Company

Our Client is leading marine company.

Address

Navi Mumbai