Type of Job
17 - 25 LPA
July 29, 2022 at 10:23:00 AM
9 - 16 Years
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.
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.
Our Client is leading marine company.