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P&I Claims Senior Executive


NORTHSTANDARD SERVICES ASIA PTE. LIMITED
18 days ago
Posted date
18 days ago
N/A
Minimum level
N/A
OtherJob category
Other
Background

We are NorthStandard, a leading global marine insurer and one of the largest P&I clubs in the International Group. We're here to support you as a dynamic leader and trusted partner. NorthStandard has the global reach, offering an unmatched breadth and depth of service that supports your operations, embraces your potential and helps your business thrive. The success of your business is at the heart of everything we do. Our approach to underwriting, claims and loss prevention is built on an unwavering commitment to transparency, flexibility, expertise and speedy resolution. Our people, with years of expertise in maritime operations, also offer invaluable insight to mitigate losses and reduce costs. Our footprint spans the world, with offices covering all main shipping regions, including Asia (China, Hong Kong, Singapore, Japan and South Korea), Australasia (Australia and New Zealand), Europe (UK, Ireland and Greece), and the USA. We insure approximately 350 million gross tonnage worldwide across all sectors - 20% of the IG's total - more than any other P&I club - backed by a financial strength and resilience rated A by Standard & Poor's.

NorthStandard #takingontomorrowtogether

Role Purpose

This role focuses on efficiently handling a variety of P&I and FD&D claims, including complex cases, while maintaining control over strategies and providing regular updates. You'll build strong relationships with Members and brokers, mentor colleagues, and collaborate with various teams to identify risks and improve processes. Your efforts will ensure Members feel supported and informed throughout the claims process, contributing to a high-performing, inclusive team environment.

Key Responsibilities

• Handle a high volume and variety of P&I and FD&D claims, including complex and high-value matters, ensuring efficient and cost-effective resolution.

• Maintain control of P&I and FD&D claims strategy, taking input from external advisors without ceding control.

• Appoint lawyers, surveyors, consultants and correspondents and to receive and critically evaluate advice received.

• Ensure that Members are kept adequately informed at all stages of a claim and understand both their and the Club's position in any given situation.

• Provide regular, accurate, and timely reporting on new and ongoing P&I and FD&D claims to the North Asia P&I claims lead, the Head of P&I Claims and the Head of FD&D Claims as applicable.

• Manage relationships with Members and brokers, ensuring high levels of service.

• Mentor, supervise, and manage colleagues within the P&I Claims function.

• Collaborate closely with Underwriting and Loss Prevention colleagues to identify risk trends and manage relationships.

• Prepare agendas, reports, and inform the Sector of significant developments as required.

• Support business development activities and network with Members and customers, both locally and overseas.

• Assist with audits and improve claims handling and operational processes.

• Ensure all duties, including file organisation, internal reporting, adherence to Claims Function procedures, and participation in out-of-hours emergency response, are performed in accordance with established procedures.

Ad Hoc Duties

Your key accountabilities will include such other duties and tasks are as allocated to you at the discretion of management and that are within your capabilities and within the scope of your post.

About you

Essential Skills/Qualifications/Experience
  • Degree (preferably in Law) OR equivalent (e.g. Master Mariners Certificate) OR experience gained handling claims in a P&I club, law firm or shipping company.
  • Strong understanding of P&I claims and the P&I insurance industry
  • Strong understanding of P&I Rules and integrated Claims Department Procedures
  • Strong interpersonal skills and ability to build relationships
  • Strong planning and organisational skills with the ability to manage demanding workloads


Desirable
  • Willingness to undertake IG PANDIQ exams or read IG PANDIQ material where the material is relevant to the role
  • IT proficiency
  • Ability to assist with cases in a controlled, efficient and cost-effective manner

In return

Our culture is hugely important to us. We provide excellent service to members, build long-lasting relationships built on trust and understanding, and treat our colleagues in the same way. It doesn't matter who you are or what you do, we all demonstrate and role model our cultural values.

We offer you:
  • The opportunity to enhance your Claims experience and to help us achieve our ambitious goals
  • A competitive salary and benefits package
  • The opportunity to learn new skills and develop your career
  • An open and collaborative office environment
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JOB SUMMARY
P&I Claims Senior Executive
NORTHSTANDARD SERVICES ASIA PTE. LIMITED
Singapore
18 days ago
N/A
Full-time

P&I Claims Senior Executive