Insurance, Senior Exec/ Assistant Manager with a Global Shipping Mnc Based in Town

**3 to 7 years of experience working in the Marine insurance industry, some of which is gained with a ship broker**:

- **Well-versed with insurance policies common in the shipping industry, like professional indemnity, Hull and Machinery, all risk, marine cargo, comprehensive general liability, products liability, public liability, directors and officer insurance and employers’ liability.**:

- **Well versed with insurance terms and conditions, common endorsements/exclusions, typical costs of different insurance policies.**

For this role, you will assist Group General Counsel in managing the group’s insurance such as P&I, H & M, corporate, business and project insurance policies globally to ensure the insurable interests of the firm’s group companies and its global operations are protected.

**Employment Type**: Permanent

**Role and Responsibilities**:

- Insurance Operations_
- Working with the Group General Counsel to report to the organisation on cover arrangements, premiums and recoveries.
- Liaise with brokers on all documentations, discuss with any coverage issues time to time to assist commercial hubs on a timely basis.
- Follow up with brokers on hull claims in coordination with our fleet’s operation team.
- Engage/coordinate with relevant brokers and group’s relevant offices to ensure timely renewal of all annual corporate and business insurance policies globally (e.g. professional indemnity, workers compensation, comprehensive general liability, marine cargo, directors and officers, travel, business interruption, cyber security, public liability, property all risk, auto liability).
- Prepare the report, presentation of claims record for the purpose of insurance renewals.
- Instruct Broker to arrange and place appropriate insurance programmes to protect the organization
- Resolve insurance queries from departments and third parties.
- Explore extra war risk insurance cover, piracy cover, K&R, Loss of Hire insurance cover.
- Maintain proper record for all insurance covers, premiums, policies, loss records in the system.
- Contract Insurance Reviews_
- Review and identify issues in policy wordings.
- Timely review of all contracts to ensure terms and conditions agreed within the contract are covered by existing insurance covers available and propose amendments to bring contractual liabilities under existing insurance covers. If required, additional insurance has to be put in place in order to carve out onerous
- Claims Handling_
- Ensure all claims are filed and notified to brokers/underwriters timely.
- Maximize and expedite the recovery of claims by working closely with brokers, loss adjusters, insurers and internal stakeholders.
- Business Partnering
- Provide training to key stakeholders (e.g. superintendents, commercial managers) in ensuring potential insurance claims are submitted timely.
- Data Analysis and Loss Prevention
- Identify loss trends and severity of losses and recommend appropriate corrective actions in loss prevention, avoidance and mitigation.
- Monthly reporting on trends of various claims and its incident frequency to GGC.
- Compile claim statistics and reports to GGC periodically, including but not limited to claims listing and loss record to date.
- Liaise with Average Adjustor in the event of General Average declaration
- Assist the firm’s owned fleet and liaise with appointed Average Adjustor for Particular Average claims.

**Requirements**:

- Education, Knowledge & Skills_
- Degree in Engineering / Business / Insurance from a recognized university.
- **3 to 7 years of experience working in the Marine insurance industry some of which are gained with a ship broker.**:

- **Well-versed with insurance policies common in the shipping industry, like professional indemnity, Hull and Machinery, all risk, marine cargo, comprehensive general liability, products liability, public liability, directors and officer insurance and employers’ liability.**:

- **Well versed with insurance terms and conditions, common endorsements/exclusions, typical costs of different insurance policies.**:

- Good interpersonal and strong leadership skills.
- Excellent written and verbal communication skills with the ability to inspire confidence at all levels within the business.
- Personal characteristics_
- Ability to work under pressure and meet deadlines.
- Demonstrates a well-organised and logical approach to work.
- Team Player
- Good communication skills
- Numerate and articulate.
- Able to influence others.
- Positive attitude.
- Problem solver and ability to think out of the box.
- Meticulous, self-driven & pro-active, with initiative to work independently or in a team.
- Highly adaptable to a dynamic work environment.

Selling pts:

- Global shipping MNC based in town
- Role is based in town. A WFH arrangement of 2 days per week is allowed (after probation clearance)

Posted by: CAP Consulting (EA license: 14C7175)

Caroline Poh (EA Registration: R1105649)

Date Posted - 7 May 2025

**Job Ty