Muscat, Sultanate of Oman | Posted on 03/12/2026
- Work Experience Proven experience in marine insurance gained within an insurance company, shipowner/operator, or insurance brokerage.
- Job Opening Status Open
- Degree Bachelor's
- Job Role Insurance
- City Muscat
- Country Sultanate of Oman
Job Description
1. PositionSummary
The InsuranceSpecialist is responsible for managing all insurance-related activities acrossthe company’s asset portfolio, including marine, aviation, vehicle, and otherasset classes within company activities. The role ensures that all assetsremain adequately insured throughout the entire lifecycle of each deal, thatinsurance documentation fully complies with contractual and regulatoryrequirements, and that insurance risks are proactively identified, monitored,and mitigated in close coordination with internal teams and external insurersand brokers.
2. KeyResponsibilities
InsuranceAdministration & Compliance
- Manage placement, renewal, andadministration of insurance policies including H&M, P&I, War Risk,Liability, and other relevant policies or general insurance agreements.
- Review insurance terms in contractualdocuments to ensure compliance with company and regulatory requirements.
- Maintain accurate and up-to-date insuranceschedules, including policy terms, coverage limits, deductibles, andpremium timelines.
- Ensure timely receipt, verification, andarchiving of insurance certificates, endorsements, quotations, debitnotes, invoices, and proof of premium payments.
Coordination& Communication
- Communicate with insurance brokers, insurers regarding policy placement, renewals, and ongoing insurancerequirements.
- Work closely with internal company units toalign on insurance obligations and documentation standards.
- Provide insurance-related support for audits, due diligence processes, and bank reporting.
- Monitor key insurance obligations under contractualdocuments, including compliance with minimum coverage and renewaldeadlines.
- Support the claims process, includingdocumentation collection, coordination with insurers/brokers, and internalreporting.
- Identify emerging insurance risks andpropose appropriate mitigation measures.
- Verify insurance invoices, debit notes,and track premium payments
- Track premium payments, renewal schedules,and insurer commitments.
- Prepare internal reports on insurancestatus, risk exposure, claims progress, and renewal pipelines.
Requirements
ProfessionalBackground
- Proven experience in marine insurance gained within an insurance company, shipowner/operator, or insurance brokerage.
- Strong understanding of insurance formarine, aviation, vehicle, and other corporate assets.
- Excellent communication, coordination, anddocumentation-handling skills.
- Strong analytical abilities and highattention to detail.
- Ability to manage multiple insuranceworkflows simultaneously.
Languages
- English — professional working proficiency(mandatory).
- French or Spanish — considered a strongadvantage due to the company's international activities.