Marine Insurance Officer

2 days ago

Powai Mumbai Maharashtra, India Elgiva Business Solutions Full time

**Job Objective**

Key contact for H&M, P&I matters. Executes all claims in a timely and effective manner. Ensure that all claims are best handled, resolved and promptly reimbursed. Executes on all day-to-day administration and management activities with regard to insurance and claims matters in a timely and effective manner.

**Key Accountabilities**

1. Liaising with P&I Clubs, Brokers and Insurers. Submission of H&M claims, following up of reimbursement from Insurance Pal Tool for quick recovery of all costs.

2. Ensure that all claims are properly recorded in Insurance Pal Tool and claims database is always updated. All claims to be well supported with respective reports, remarks and reserves / claim estimates. Ensure that claims estimated are in line with the Insurance reserves. Any discrepancies to be discussed with good arguments. Review claims once a month.

3. Ensure that the local finance teams have assigned respective Analysis Codes to be used for booking all expenses related to the claim.

4. Analyze H&M claims data, identify risk clusters and propose suggestions to reduce claims and losses respectively.

5. Allocate and process premium invoices (P&I, FD&D and H&M) for BS and BSM Ships. Prepare BSM slip P&I and FD&D invoices, inclusive of BSM commission, for re-charging to BSM clients.

**Requirements**:
Education and Qualifications:
Degree in marine-related fields

Work Experience:
3-5 years work experience would be an additional advantage

Job-Specific Skills:
Good understanding of the marine insurance industry and P&I/H&M Rules.

Analytical thinking

Able to work independently, under pressure and meet tight deadlines

Good interpersonal and communication skills

Very good negotiation abilities

Good people management skills, team player

Good time management and organisational skills

Fluency in English and computer literate

**Job Types**: Full-time, Regular / Permanent

**Salary**: Up to ₹1,200,000.00 per year

Schedule:

- Monday to Friday

Ability to commute/relocate:

- Powai, Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (preferred)

Application Question(s):

- Do you have experience in handling H&M Claims?

**Experience**:

- total work: 3 years (preferred)

**Speak with the employer**
+91 6238389764

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