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Insurance Specialist

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Number of Applicants

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Job Description - Insurance Specialist

1. Position
Summary

The Insurance
Specialist is responsible for managing all insurance -related activities across
the company’s asset portfolio, including marine, aviation, vehicle, and other
asset classes within company activities. The role ensures that all assets
remain adequately insured throughout the entire lifecycle of each deal, that
insurance documentation fully complies with contractual and regulatory
requirements, and that insurance risks are proactively identified, monitored,
and mitigated in close coordination with internal teams and external insurers
and brokers.

 

2. Key
Responsibilities

 

Insurance
Administration & Compliance

  • Manage placement, renewal, and
    administration of insurance policies including H&M, P&I, War Risk,
    Liability, and other relevant policies or general insurance agreements.

  • Review insurance terms in contractual
    documents to ensure compliance with company and regulatory requirements.

  • Maintain accurate and up -to -date insurance
    schedules, including policy terms, coverage limits, deductibles, and
    premium timelines.

  • Ensure timely receipt, verification, and
    archiving of insurance certificates, endorsements, quotations, debit
    notes, invoices, and proof of premium payments.

 

Coordination
& Communication

  • Communicate with insurance brokers,
    insurers regarding policy placement, renewals, and ongoing insurance
    requirements.

  • Work closely with internal company units to
    align on insurance obligations and documentation standards.

  • Provide insurance -related support for
    audits, due diligence processes, and bank reporting.

 

Risk Monitoring
& Claims Support

  • Monitor key insurance obligations under contractual
    documents, including compliance with minimum coverage and renewal
    deadlines.

  • Support the claims process, including
    documentation collection, coordination with insurers/brokers, and internal
    reporting.

  • Identify emerging insurance risks and
    propose appropriate mitigation measures.

 

Financial &
Reporting Duties

  • Verify insurance invoices, debit notes,
    and track premium payments

  • Track premium payments, renewal schedules,
    and insurer commitments.

  • Prepare internal reports on insurance
    status, risk exposure, claims progress, and renewal pipelines.

 


Requirements


 Professional
Background

  • Proven experience in marine insurance
    gained within an insurance company, shipowner/operator, or insurance
    brokerage.

  • Strong understanding of insurance for
    marine, aviation, vehicle, and other corporate assets.

Skills &
Competencies

  • Excellent communication, coordination, and
    documentation -handling skills.

  • Strong analytical abilities and high
    attention to detail.

  • Ability to manage multiple insurance
    workflows simultaneously.

Languages

  • English — professional working proficiency
    (mandatory).

  • French or Spanish — considered a strong
    advantage due to the company's international activities.



Original job Insurance Specialist posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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