Region Diversified (S) Pte Ltd.

Assistant Manager – Technical Risk Specialist, Marine

Job ID :

Job Description:
  • Provide Technical Risk Management services supporting Marine underwriters and business development team to achieve profitability and growth of marine business and ensure compliance with the regulatory policies.

  • Process and manage claims for Marine Hull & Liabilities according to the company guidelines and best practices.
  • Quality Control of Claims (Marine Hull & Liabilities) and Technical Risk Assessment to achieve targeted profit.
  • Monitor technical risk and claim trends.

    Technical Risk Management
  • Ensure consistency in risk acceptance and adherence to any relevant standards applicable in the company, country and internationals;

  • Provide Technical Risk Management service to support underwriting/distribution activities;
  • Provide technical support/services to underwriters;
  • Conduct risk assessment surveys relating to ship’s machinery and hull when needed;
  • Assess technical risk and determine the marine insurance coverage position on the aspects of damage, collision and grounding, fire and explosion, salvage operation, etc;
  • Perform risk and loss control analysis and identify areas for improvement;
  • Maintain accurate loss information and prepare reports, as needed, for claims reviews, actuarial analyses and other risk management purposes;
  • Provide technical expertise in the area of Marine to the team;
  • Provide training to Marine team, intermediaries and clients on subject matters (Marine Hull and Liabilities)

    Claims Management for Marine Hull and Liabilities
  • Appoint an appropriate service providers to investigate circumstances and severity of loss to protect the Company’s interest in situation where the loss event could potentially trigger a significant financial exposure for the Company;

  • Liaise with the marine surveyors, survey agents and other experts and monitor their output from a technical quality and service point of view;
  • Liaise with P&I Clubs, shipowners/managers or surveyors on all claims related matters;
  • Handle claims made on marine insurance policies;
  • Interpret and advise claims adjustors of marine insurance policy;
  • Recommend claims adjustors on settlement of claims under the applicable terms and conditions of marine insurance policy;
  • Ensure adherence to legal requirements, industry regulations and customer quality standards set by the company;
  • Track clients performance and provide insight on client’s risk profile prior to renewals;
  • Negotiate with intermediaries, adjusters and claim team on any disputed or contentious claim with a view to attain an amicable and reasonable settlement;
  • Develop and maintain the professional reputation of the company with brokers and clients;

    Requirements:
    • Possess 5 to 8 years of relevant experience in sea-time, with a good understanding of the various facets of ship design - function, appearance and safety.
    • Diploma or Bachelor's degree in Marine Engineering, Civil Structural Engineering or Engineering in Marine Technology;
    • Diploma or any related certification in General Insurance.
    • Some legal knowledge (i.e. Maritime Law) would be an added advantage.
    • Critical thinking, writing skills, complex problem solving, complaint handling and service oriented.

      Interested applicants may email a WORD CV to admin@regiondiv.com with indicative current basic and availability.

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Contact info

  • 51 Bukit Batok Crescent, #07-27
    Unity Centre Singapore 658077
  • Phone : +65 6565 6605
  • Fax : +65 6565 9902
  • admin@regiondiv.com
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