Senior Marine Insurance Specialist

Placements24; Polokwane; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary

Top-tier medical aid

Retirement fund options

Professional development

Global exposure

Fully remote role

Performance-based incentives

Continuing education support

Job summary

Placements24 is seeking a Senior Marine Insurance Specialist to remotely serve clients across Polokwane, Limpopo and beyond. You will underwrite cargo, hull and P&I, assess risks, price policies, and foster broker and client relationships in the maritime and logistics sectors.

You will develop and manage a marine portfolio, stay informed on international regulations, and collaborate with claims to ensure efficient handling of marine cases.

Qualifications

• Strong negotiation and client-relations skills.
• Clear communication with brokers and clients.
• Solid analytical and financial analysis capabilities.
• Ability to assess risk and set premium terms.
• Experience in marine cargo, hull, P&I and liabilities.
• Remote work capability with strong time management.
• Understanding of international maritime practices.

Responsibilities

• Underwrite diverse marine risks: cargo, hull, machinery, P&I.
• Assess risk exposures, analyze data, set premiums and terms.
• Build and maintain relationships with brokers, shipowners, charterers, logistics firms.
• Provide expert advice and solutions to clients and internal stakeholders.
• Monitor portfolio performance to ensure profitability and alignment with strategy.
• Stay updated on maritime regulations and market trends.
• Collaborate with claims to ensure efficient handling of marine claims.
• Contribute to development of marine products and market strategies.
• Ensure compliance with insurance laws and regulations.
• Seek growth opportunities within Limpopo regional trade interests.

Skills

Negotiation

Client relationship management

Communication

Analytical abilities

Financial analysis

Autonomy in remote work

Risk assessment

Education

Bachelor's degree in Maritime Studies/Business/Finance or related field

Job description

About the Role

Our client, a leading international insurance group, is seeking a highly experienced Senior Marine Insurance Specialist to join their dedicated team, remotely serving clients across Polokwane, Limpopo and beyond. This pivotal role focuses on underwriting, managing, and developing a portfolio of marine insurance risks, including cargo, hull, and liability. You will be instrumental in providing expert advice, structuring complex insurance solutions, and fostering strong relationships with brokers and clients in the maritime and logistics sectors. This is a prime opportunity for a seasoned marine insurance professional to leverage their expertise in a flexible, remote-first capacity within a globally recognized organization.

Key Responsibilities

• Underwrite a diverse range of marine insurance risks, including cargo, hull, machinery, and protection and indemnity (P&I).
• Assess risk exposures, analyze financial data, and determine appropriate premium rates and policy terms.
• Develop and maintain strong relationships with brokers, shipowners, charterers, and logistics companies.
• Provide expert technical advice and solutions to clients and internal stakeholders on marine insurance matters.
• Monitor the performance of the marine portfolio, ensuring profitability and alignment with company strategy.
• Stay abreast of international maritime regulations, trade trends, and emerging risks affecting the marine insurance market.
• Collaborate with the claims team to ensure efficient and effective handling of marine claims.
• Contribute to the development of new marine insurance products and market strategies.
• Ensure compliance with all applicable insurance laws and regulations.
• Actively seek opportunities for business growth within the marine insurance sector, particularly targeting clients relevant to the Limpopo economic region's trade interests.

Requirements

• A relevant Bachelor's degree in Maritime Studies, Business, Finance, or a related field.
• Advanced certifications in marine insurance are highly desirable.
• Minimum of 7 years of hands-on experience in marine insurance underwriting or broking.
• Comprehensive understanding of marine cargo, hull, P&I, and related liabilities.
• Proven track record in risk assessment, pricing, and portfolio management within the marine sector.
• Excellent negotiation, communication, and client relationship management skills.
• Strong analytical abilities and proficiency in financial analysis.
• Ability to work autonomously in a remote setting and manage time effectively.
• Familiarity with international maritime law and insurance practices is essential.
• Knowledge of the evolving trade dynamics impacting the South African coast and inland logistics is a plus.

Benefits

• competitive salary
• a comprehensive benefits package including top-tier medical aid and retirement fund options
• significant opportunities for professional development and global exposure
• this role is fully remote, providing exceptional flexibility and work-life balance across South Africa .
• performance-based incentives and support for continuing education

Join a dynamic and international team focused on excellence in marine insurance.