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Jobs in Singapore   »   Jobs in Singapore   »   Finance / Banking / Insurance Job   »   Insurance and Risk Specialist (Shipping Industry)
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Insurance and Risk Specialist (Shipping Industry)

Triton Ai Pte. Ltd.

Triton Ai Pte. Ltd. company logo
  • Perm, Central
  • 3 to 5 years in the insurance industry, specifically in the shipping sector.
  • Must have experience with policies mainly in Hull and Machinery, marine cargo, professional indemnity, general liability, directors and officers insurance, and employers’ liability.

Job Description:

Insurance Operations

  • Collaborate with GGC to report on insurance covers, premiums, and recoveries.
  • Liaise with brokers for documentation, coverage issues, and assist commercial hubs.
  • Manage hull claims with brokers and coordinate with the fleet’s operation team.
  • Ensure timely renewal of global insurance policies (e.g., professional indemnity, workers' compensation, liability, marine cargo, directors and officers, travel, cyber security, property, auto liability).
  • Prepare reports and presentations on claims records for renewals.
  • Instruct brokers on arranging appropriate insurance programs.
  • Resolve insurance queries from departments and third parties.
  • Explore additional covers like war risk, piracy, and loss of hire.
  • Maintain records of all insurance covers, premiums, policies, and loss records.

Contract Insurance Reviews

  • Review policy wordings and identify issues.
  • Ensure contract terms align with existing insurance and arrange additional coverage as needed.

Claims Handling

  • File and notify claims promptly with brokers/underwriters.
  • Work with brokers, insurers, and internal teams to maximize and expedite recoveries.

Business Partnering

  • Train stakeholders on timely submission of insurance claims.

Data Analysis and Loss Prevention

  • Identify loss trends and recommend corrective actions.
  • Report monthly on claims trends and incidents.
  • Compile and report claim statistics and loss records.
  • Liaise with Average Adjustors for General Average declarations and assist with Particular Average claims.

Requirements

  • Degree in Engineering, Business, or Insurance.
  • Familiarity with shipping industry insurance policies.
  • Strong understanding of insurance terms, conditions, endorsements, and exclusions.
  • Good interpersonal and leadership skills.
  • Excellent written and verbal communication skills.

Triton AI Pte Ltd
Registration Number: R1980724
EA: 21C0661

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