Executive, Marine Insurance

7 days ago

Singapore Pacific International Lines Full time

**About PIL**

Pacific International Lines, one of the largest shipowners in Asia, with a local workforce of over 600 and another 90 deployed in our overseas offices, is engaged in diversified businesses like containerised shipping, ship leasing, supply chain management, and container terminal operations. A global firm with over 50 years track record, PIL treats human resource as its prime asset and the key factor to organisational success. We are currently seeking talented, dynamic and focused individuals to join us.

**Responsibilities**

As part of the team, you will be involved in processing and managing the insurance claims for cargo, crew, hull & other related P&I claims. You will also be required to provide timely management reports on claims trends & performance and assist in insurance renewal and negotiations process and initiatives as assigned by your supervisor.

**Responsibilities**:

- Management of hull & machinery, crew, cargo stevedore and liabilities claims till conclusion of claim
- Monitor vessels that operate in war risk area on regular basis and ensure war underwriters are notified promptly of entrance/exit to war risk area.
- Monitor billing/payment of war risk premiums and ensure war risk premiums & database are kept up to date on daily basis.
- Ensure all claims records are kept up to date in system for ease of retrieval and reports generation and analysis.
- Maintain records of insurance policies, invoices, endorsements, updates, cancellation and renewals for all marine insurances.
- Application of bunker convention certificates, COFR certificates and other trading certificates as necessary.
- Attend bi-monthly insurance review meeting and monthly P&I meeting.
- Review of contracts on charterparties and new buildings to ensure sufficiency of insurance covers and to procure additional covers if necessary.
- Any other ad hoc duties assigned by Insurance/Claims Manager.

**Requirements**:

- Degree in Maritime Studies/ Business or related
- Keen interest in marine insurance / law
- Experience : Min 2 - 3 years experience in marine insurance and claims handling in offshore industry
- Possesses a sense of urgency and ability to multitask
- Independent, analytical and ability to work under pressure
- Good interpersonal & communication skills
- Proficient in English (both verbal & written)

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