Claims Executive

16 hours ago


Suntec, Singapore The Shipowners Mutual Protection & Indemnity Association (LUX) (SG Branch) Full time

**Location**
Suntec

**Job Function**
Legal / Insurance

**Employment Type**
Full Time

**Position Level**
Executive

**Education Level**
Degree

**Min Yrs of Work Experience**
3 Years Of Experience

**Number of Vacancies**
1

**Posted On**
49 minutes ago

**Expiring On**
14 days
- The Shipowners’ Club is a mutual insurance association. We offer Protection & Indemnity (P&I), Legal Costs Cover and associated insurances to smaller and specialist vessel owners, operators and charterers around the world. Building on over 170 years of experience, the Shipowners’ Club provides tailor-made insurance packages for each operator according to their particular need.

We recognise the business benefits of having a diverse and inclusive community. We all have something
- unique to bring to the table and by embracing those differences we seek to build and maintain an
- environment which attracts and values diversity and where everyone can develop their talents and be
- themselves. For us, diversity and inclusion goes above and beyond focusing on protected characteristics - we want all our colleagues to bring 100% of themselves to work. With a happy and engaged workforce we
- all strive to work together to be the best that we can be for the mutual benefit of ourselves and our
- Members.

We also have a hybrid working model (minimum 2 days in the office).

**Overall responsibility of the Role**:

- To provide sensitive, responsive, imaginative and cost effective claims handling and general support to Members and Brokers with claims issues.

**Role Responsibilities**:

- 1) To manage proper handling of own claim files, including file husbandry in accordance with current claims procedures manual.
- 2) To maintain accurate estimates on each file.
- 3) To prepare reports including; agenda notes, notification to reinsurers, Club circulars etc.
- 4) To report to, and assist Loss Prevention department, the Head of Claims - Singapore and the relevant Underwriter where a claims trend is detected.
- 5) To report in writing notification of large claims
- 6) To share knowledge, information and experience across the Claims team and department as a whole.
- 7) To develop the skills and knowledge required for the effective performance of the role by participating in and actively contributing to training and development activities.
- 8) To work with Underwriters to identify, attract, develop and retain business for the mutual benefit of the Club.
- 9) To assist the Head of Claims - Singapore and Claims Managers with or take the lead with ad-hoc Club projects.

**Job Requirement**

**Experience Required**:
**Knowledge**
- Legal qualification
- Prefer three years of experience in a P&I or Defence Club.
- Solid foundation and understanding of International Group P&I Club aims, objectives, structures and finances.
- Good working knowledge of the International Group P&I Clubs approach to claims to ensure efficient service delivery.
- Detailed understanding of the foundations of shipping law.

**Skills**
- Competent in writing coherent and comprehensive agenda notes on own claims and reports to reinsurers.
- Competent in attending meetings with Members and/or brokers and able to contribute effectively in a professional manner.
- The ability to:

- Where necessary, appropriately appoint correspondents/lawyers/experts.
- Identify and evaluate evidence.
- Analyse liability and quantum.
- Litigate, arbitrate, mediate or settle by negotiation.
- Competent in travelling to visit Members/brokers who have generated claims.

**About**The Shipowners Mutual Protection & Indemnity Association (LUX) (SG Branch)**

Marine Insurance, P&I Clubs, Insurance Broking

The Shipowners’ Club is a mutual insurance association. We offer Protection & Indemnity (P&I), Legal Costs Cover and associated insurances to smaller and specialist vessel owners, operators and charterers around the world. Building on over 160 years of experience, the Shipowners’ Club provides tailor-made insurance packages for each operator according to their particular need.



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