Marine Insurance Specialist

Placements24; Richards Bay; Sur place; ZAR 800 000 - 1 000 000; Plein temps

Avantages offerts par ce poste

Competitive salary

Bonuses & incentives

International travel

Professional development

Specialized marine environment

Résumé du poste

Placements24 is seeking a Marine Insurance Specialist for their client in Richards Bay, KwaZulu-Natal. The role covers underwriting, placement and servicing of marine policies for vessels and cargo, engaging ship owners, freight forwarders and brokers to assess risks and provide coverage.

The ideal candidate has 5+ years in marine insurance, ACII qualifications are desirable, and strong knowledge of maritime operations and international trade.

Qualifications

• Bachelor's degree in maritime-related field or equivalent.
• ACII or similar insurance qualifications desirable.
• Minimum 5 years in marine insurance (underwriter, broker or claims).
• Strong understanding of maritime operations, shipping and international trade.
• Knowledge of marine insurance products, market practices and legal frameworks.
• Excellent analytical, negotiation and communication skills.
• Ability to interpret complex technical and legal documents.
• Experience managing relationships with stakeholders in KwaZulu-Natal and Richards Bay.

Responsabilités

• Underwrite and assess marine risks including hull, machinery, cargo, liability and P&I.
• Develop and negotiate terms, conditions and premiums for marine policies.
• Build and maintain relationships with clients, brokers and maritime stakeholders.
• Advise clients on risk management strategies to mitigate losses.
• Manage the claims process for marine incidents per policy terms.
• Stay informed on global maritime trends, regulations and geopolitical factors impacting marine insurance.
• Collaborate with legal and claims teams to ensure compliance and best practices.
• Conduct market research to identify new opportunities and product development in Richards Bay.

Connaissances

Maritime operations knowledge

Negotiation skills

Client relationship management

Risk assessment

Formation

Bachelor's degree in Maritime Studies, Business, Law, or related field

Description du poste

About the Role

Our client, a prominent insurer with a specialized focus on maritime risks, is seeking an experienced Marine Insurance Specialist to join their team in Richards Bay, KwaZulu-Natal. This crucial role involves the underwriting, placement, and servicing of marine insurance policies, covering a wide range of vessels and cargo. You will engage with ship owners, freight forwarders, and brokers to assess risks, develop appropriate coverage, and manage claims effectively. The ideal candidate will possess deep knowledge of maritime operations, international trade, and the intricacies of marine insurance law and practice. This is a unique opportunity to leverage your expertise in a niche sector within the KwaZulu-Natal economy.

Key Responsibilities

• Underwrite and assess marine risks, including hull, machinery, cargo, liability, and protection & indemnity (P&I) insurance.
• Develop and negotiate terms, conditions, and premiums for marine insurance policies.
• Build and maintain strong relationships with clients, brokers, and other stakeholders in the maritime industry.
• Advise clients on risk management strategies to mitigate potential losses.
• Manage the claims process for marine incidents, ensuring swift and fair resolution in line with policy terms.
• Stay informed about global maritime trends, regulatory changes, and geopolitical factors impacting marine insurance.
• Collaborate with internal legal and claims departments to ensure compliance and best practice.
• Conduct market research to identify new business opportunities and product development potential in Richards Bay.

Requirements

• A Bachelor's degree in Maritime Studies, Business, Law, or a related field.
• Relevant professional insurance qualifications (e.g., ACII) are highly desirable.
• A minimum of 5 years of experience in marine insurance, either as an underwriter, broker, or claims specialist.
• In-depth understanding of maritime operations, shipping, and international trade.
• Comprehensive knowledge of marine insurance products, market practices, and legal frameworks.
• Strong analytical, negotiation, and communication skills.
• Ability to interpret complex technical and legal documents.
• Proven ability to manage relationships with diverse stakeholders in the maritime sector across KwaZulu-Natal.
• An understanding of the specific port and logistics environment in Richards Bay.

Benefits

• Competitive salary and a generous benefits package.
• Performance-based bonuses and incentives.
• Opportunities for international travel and professional development.
• A dynamic and specialized work environment.
• Contribution to a leading player in the marine insurance market.