Insurance Claim Executive

5 days ago

Singapore KST MARITIME PTE. LTD. Full time

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. #J-18808-Ljbffr

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