Insurance And Claims - Intern

Bernhard Schulte Shipmanagement; Phudung; On-site; INR 89,000 - 134,000; Full time

Job summary

Bernhard Schulte Shipmanagement (BSM) in India invites applications for an Insurance & Claims Intern. You will support marine and non-marine insurance activities, ensure timely claims handling, cost recovery, and premium administration while safeguarding company interests through sound processes and data analysis.

You will liaise with P&I clubs, brokers, insurers, and internal teams to monitor claims, maintain records, and help implement loss-prevention measures.

Qualifications

• Bachelor degree in progress or completed.
• Senior year student graduating in 2027.
• No prior experience required but preferred.

Responsibilities

• Liaise with P&I clubs, brokers, insurers, and other parties on insurance matters.
• Prepare and submit Hull & Machinery claims and follow up reimbursements.
• Maintain accurate claims records with documentation, estimates, and reserves.
• Monitor claim estimates, review status, and resolve discrepancies.
• Coordinate with finance to allocate and record claim-related expenses.
• Administer non-marine coverages including medical, life, travel, liability insurance.
• Analyze H&M claims data to identify trends and risk clusters.
• Recommend loss prevention measures to reduce claims.
• Allocate and process insurance premium invoices for P&I, FD&D, and H&M.
• Prepare insurance recharge invoices including commissions for clients.

Skills

Marine insurance knowledge

Analytical thinking

Independent worker

Interpersonal skills

Negotiation

Team collaboration

Time management

English fluency

Education

Bachelor degree

Senior student expected to graduate in 2027

Job description

Job Description:

As an Insurance & Claims Intern at BSM, you will be responsible for supporting the effective management of marine and non-marine insurance activities, ensuring timely claims handling, cost recovery, loss prevention, and premium administration. The role plays an important part in safeguarding the company’s interests through efficient insurance processes, analysis of claims trends, and coordination with insurers, brokers, and other stakeholders to minimize losses and support operational continuity.

Key Responsibilities

• Liaise with P&I Clubs, brokers, insurers, and other relevant parties on insurance matters and claims.

• Prepare and submit Hull & Machinery (H&M) claims and follow up on reimbursements to ensure timely recovery of costs.

• Maintain accurate and up-to-date claims records, ensuring all claims are supported by appropriate documentation, estimates, and reserves.

• Monitor claim estimates and reserves, review claim status regularly, and investigate and resolve any discrepancies.

• Coordinate with finance teams to ensure claim-related expenses are correctly allocated and recorded.

• Administer non-marine insurance coverages, including employee medical, life, group accident, travel, building, vehicle, employer’s liability, and public liability insurance.

• Analyze H&M claims data to identify trends, risk clusters, and areas for improvement.

• Recommend loss prevention measures to reduce claims frequency and financial losses.

• Allocate and process insurance premium invoices related to P&I, FD&D, and H&M insurance.

• Prepare insurance recharge invoices, including applicable commissions, for clients.

Qualifications & Experience

• Bachelor degree

• Senior student in University and will graduate in 2027

• No prior experience required but preferred

Skills & Competencies

• Good understanding of the marine insurance industry and P&I/H&M rules.

• Strong analytical thinking and problem-solving skills.

• Ability to work independently, perform under pressure, and meet tight deadlines.

• Good interpersonal and communication skills.

• Strong negotiation abilities.

• Effective people management skills and a collaborative team-oriented approach.

• Good time management and organizational skills.

• Fluency in English and strong computer literacy.