Senior Insurance Analyst

Job Description

Department

Insurance & Shipping Claims

Position

Senior Insurance Analyst

Reporting Manager

Insurance Manager

Position Reporting to Incumbent

Senior Insurance Manager

a) Purpose (Why does the position exist, WITH what objectives and WITHIN what limits)

Liaising with the Insurance Analyst(s) and assisting the Insurance Manager(s) and the team in daily tasks and keep accurate records of insurance covers / invoices and claims so to ensure accurate evaluation of risk and analysis. To coordinate with the other team members and handle efficiently the various excel sheets and insurance platforms. To monitor the insurance team’s inbox and ensure that works on administrative tasks on time and with efficiency.

b) Operating network

Internal Network

External Network

Liaising with Marine, Operations, Accounting, Crewing, Administration

Liaising with Clubs, Brokers, Club Local Correspondents, and Surveyors & other third parties as applicable.

c) Minimum Requirements

Relevant Experience

3 – 4 years of experience, preferably, in the Marine Insurance department of a Ship owning and/or ship technical management company. If not, then with Marine Insurance Broking firm / Club correspondents’ offices

Business/Industry Understanding

Shipping, Marine Insurance

Knowledge – Education & Functional

Basic degree (preferably in insurance or Shipping) with some knowledge of insurance/accounting especially related to marine insurance documentation. Proficient user of MS Office applications (especially excel), email, and internet.

Skills – Behavioural

Willing to learn; Attention to detail; ability to sift through extensive documentation efficiently; Proven method to create and maintain archives/databases. Organizational skills and time management. Ability to communicate in a clear and concise manner.

KEY ACCOUNTABILITIES

Area of Responsibility

Activities / Description

Record keeping

-  Coordinate and maintain accurate and updated record of existing and newly placed insurance cover

-  Book keeping and coordination of communication, certificates, policies & invoices

-  To Maintain and Update Invoicing/claims/premium trackers daily.

-  Quarterly declarations to P & I Clubs ( or other ) as applicable

-  Maintain and coordinate record of surveys, quotes, claim tracker

-  Other responsibilities as designated by Insurance Director/Managers/Officers

Administration

-  Coordinating, checking & verification of insurance documentation, premium & claim invoices and record keeping of same

-  Follow up and coordination of payments/credits of invoices

-  Other responsibilities as designated by Insurance Director/Managers/Officers

Reporting

-  Prepare, coordinate and update regular reports on Insurance activities as required.

-  Other responsibilities as designated by Insurance Director/Managers/Officers

Renewal/Placement

-  Assist Insurance Director/Managers/Officers as required

-  Other responsibilities as designated by Insurance Director/Managers/Officers

Special Condition: Requires to be available as per global time zone