We're Hiring: Senior Executive Marine Insurance & Claims Department
Emarat Maritime LLC - Mumbai
Reporting to:CFO & Managing Director
Emarat Maritime LLC is seeking an experienced and strategic Senior Executive of Marine Insurance & Claims Department to lead and develop our Marine Insurance & Claims function. This senior leadership role is responsible for driving insurance strategy, overseeing claims management, ensuring regulatory compliance, mitigating risk exposure, and leading a high-performing team in alignment with the company's vision and objectives.
Key Responsibilities
Marine Insurance Administration
Support the administration and management of marine insurance policies, renewals, endorsements, and certificates.
Coordinate with brokers and insurers for policy placements and renewals.
Monitor policy validity and ensure timely renewal of coverage.
Verify insurance documentation and vessel certification requirements for port entries and operational compliance.
Maintain accurate records of all insurance policies, endorsements, and related documentation
Strategic Leadership & Department Management
Manage the Marine Insurance & Claims Department.
Serve as the primary escalation point for all marine insurance and claims matters.
Represent Emarat Maritime LLC as the Group Principal in marine insurance policies and claims functions.
Ensure effective implementation of marine insurance procedures, policies, and controls across the organization.
Provide strategic guidance to senior management on insurance and risk-related matters.
Risk Assessment & Insurance Policy Management
Develop and implement marine insurance strategies to optimize coverage and reduce risk exposure.
Lead insurance renewals, policy placements, endorsements, and premium negotiations.
Assess voyage-related risks, including war risk, piracy, sanctions, and Kidnap & Ransom (K&R;) exposures.
Ensure statutory, financial, and port-entry insurance compliance for all vessel