PI Insurance Claims Specialist

General Overview:
We have an amazing opportunity for a qualified P&I Insurance Claims Specialist for our client who are a leading multinational conglomerate. The role will be based in Dubai UAE and the successful candidate will be responsible for managing the end-to-end Insurance claims process and identifying risks & implementing mitigation strategies for loss prevention.

Key Responsibilities:

Claims Handling:

• Receive, review, and assess insurance claims related to P&I coverage.
  
• Investigate the circumstances surrounding the claim to determine coverage eligibility.
  
• Collaborate with various stakeholders including insured parties, legal teams, and surveyors to effectively manage the claims process.
  

Documentation:

• Compile and organize documentation related to claims, ensuring accuracy and completeness.
  
• Maintain detailed records of claims correspondence and investigations.
  

Communication:

• Communicate with insured parties, brokers, and other relevant parties to gather information and provide updates on the status of claims.
  
• Negotiate settlements and collaborate with legal experts when necessary.
  

Risk Assessment:

• Conduct risk assessments to evaluate potential liabilities and exposures.
  
• Provide recommendations for risk mitigation and loss prevention measures.
  

Regulatory Compliance:

• Stay updated on maritime laws, regulations, and insurance industry trends.
  
• Ensure compliance with relevant legal and regulatory requirements.
  

Customer Service:

• Provide excellent customer service to insured parties, addressing inquiries and concerns.
  
• Educate clients on coverage details and claims processes.
  

Requirements:

• Bachelor's degree in Marine Insurance, preferably.
  
• Minimum 10 years of experience in marine insurance.
  
• Previous experience in marine insurance, P&I insurance, and claims management.
  
• Excellent analytical and problem-solving skills.