Claims Executive (P&I Club)

Focal Search Pte Ltd; Singapore; On-site; SGD 40,000 - 70,000; Full time

Job summary

A leading insurance firm in Singapore is seeking a Claims Executive to manage marine claims and assist with P&I claims. Responsibilities include offering guidance on liability and coverage, examining technical reports, and working on loss prevention strategies. The ideal candidate should have experience in H&M claims and a strong understanding of insurance-related issues. This role is crucial for ensuring effective claims management and fostering business growth within the firm.

Qualifications

• Experience in managing H&M claims and assisting with P&I claims.
• Strong understanding of insurance-related issues, liability, and coverage.
• Ability to evaluate risks associated with vessels and potential members.

Responsibilities

• Manage claims and provide guidance on insurance-related issues.
• Examine technical reports and supervise legal counsel.
• Evaluate risks and work on loss prevention strategies.
• Prepare and review PA and GA adjustment.
• Support auxiliary duties such as yard selection, spare parts, repair specs, and cost estimation.
• Assess vessel safety management and monitor technical requirements.
• Evaluate risks of potential members and vessels.
• Engage in loss prevention activities: seminars, member education, and business growth.

Job description

About the job Claims Executive (P&I Club)

• Managing claims (mainly H&M claims, but also assisting the P&I claims team)
• Offering guidance to members regarding insurance-related issues, such as liability and coverage
• Examining technical and survey reports and legal counsel
• PA and GA adjustment preparation and review
• Other possible secondary or auxiliary duties and assignments could be:
• Picking a yard, finding spare parts, creating repair specifications, negotiating, and estimating repair costs
• Vessel's technical rating
• Keep an eye on and investigate technical requirements as well as aspects of vessel safety management.
• Evaluation of potential members' and vessels' risks
• Work on loss prevention, which includes attending seminars, educating members, and fostering business growth