Senior Marine Insurance Specialist

Job Title: Senior Marine Insurance Specialist

Location: UAE (Remote)

Employment Type: Full-Time

Level: Senior

Work Arrangement: Fully Remote

About Us

We are seeking an experienced and commercially minded Senior Marine Insurance Specialist to manage marine insurance activities, assess maritime risks, support policy placement, and oversee marine insurance documentation and claims coordination. The successful candidate will have strong knowledge of marine cargo, hull and machinery, marine liability, and related insurance products, together with an understanding of international shipping and trade operations.

This role involves evaluating marine exposures, reviewing policy terms, coordinating with brokers and underwriters, supporting claims investigations, and ensuring compliance with applicable insurance requirements. The ideal candidate combines technical insurance expertise, analytical judgment, and effective stakeholder management skills.

Key Responsibilities

• Marine Insurance Management: Manage marine insurance activities covering cargo shipments, vessels, hull and machinery, marine liabilities, and other relevant maritime risks.
• Risk Assessment: Evaluate marine exposures based on vessel characteristics, cargo type, shipping routes, transportation methods, storage conditions, and relevant loss history.
• Policy Review and Placement: Review insurance submissions, policy wordings, endorsements, warranties, exclusions, deductibles, and coverage limits to ensure appropriate protection for insured interests.
• Marine Cargo Insurance: Assess cargo insurance requirements for domestic and international shipments, including transit risks, storage exposures, and multimodal transportation arrangements.
• Hull and Machinery Coverage: Support the assessment and administration of hull and machinery insurance, including vessel values, operating conditions, maintenance history, and relevant risk factors.
• Marine Liability Assessment: Review applicable marine liability exposures, including shipowner, cargo owner, charterer, and other maritime-related liabilities within the scope of available insurance arrangements.
• Underwriting Coordination: Collaborate with underwriting teams, brokers, reinsurers, and risk engineers to assess submissions, clarify risk information, and support coverage decisions.
• Claims Coordination: Review marine insurance claims involving cargo damage, loss in transit, vessel damage, collisions, grounding, and other covered maritime incidents.
• Loss Investigation: Coordinate with surveyors, marine assessors, claims adjusters, shipping companies, and legal specialists to investigate losses and validate supporting evidence.
• Claims Documentation: Examine bills of lading, commercial invoices, packing lists, survey reports, shipping records, and other documentation relevant to marine claims.
• Policy Compliance: Ensure marine insurance arrangements comply with contractual obligations, applicable UAE insurance requirements, and relevant international maritime and trade practices.
• Premium and Exposure Monitoring: Review insured values, premium calculations, policy adjustments, declarations, and exposure information for accuracy and completeness.
• Broker and Client Relations: Maintain effective working relationships with shipping companies, freight forwarders, importers, exporters, brokers, insurers, and other stakeholders.
• Risk Mitigation: Identify recurring marine loss patterns and recommend practical measures to reduce cargo damage, transit losses, and other preventable incidents.
• Reinsurance Coordination: Support the coordination of facultative or treaty reinsurance requirements for marine risks where applicable.
• Documentation and Reporting: Maintain accurate policy records, risk assessments, claims documentation, and management reports.
• Regulatory and Audit Support: Prepare supporting documentation for internal reviews, external audits, and regulatory inquiries.
• Process Improvement: Improve marine insurance workflows, policy administration, claims coordination, and risk reporting processes.
• Technical Guidance: Provide advice to junior specialists and internal stakeholders on marine insurance coverage, documentation, and operational procedures.

Qualifications and Experience

• Bachelor's degree in Insurance, Maritime Studies, Logistics, International Trade, Business Administration, Risk Management, or a related discipline.
• Typically 5+ years of relevant experience in marine insurance, marine underwriting, marine claims, insurance broking, or maritime risk management.
• Strong understanding of marine insurance products, including cargo, hull and machinery, and marine liability coverage.
• Practical experience reviewing marine insurance policies, endorsements, warranties, exclusions, deductibles, and coverage limits.
• Knowledge of international shipping documentation, including bills of lading, commercial invoices, cargo manifests, and survey reports.
• Understanding of maritime transportation risks, cargo handling, vessel operations, and common causes of marine losses.
• Experience coordinating with underwriters, brokers, shipping companies, surveyors, claims adjusters, and reinsurers.
• Familiarity with applicable UAE insurance requirements and relevant international marine insurance practices.
• Knowledge of marine claims procedures, loss assessment, recovery rights, and subrogation principles.
• Proficiency in Microsoft Excel and familiarity with insurance policy administration, claims management, or risk assessment systems.
• Strong analytical, negotiation, communication, and problem-solving skills.
• Excellent attention to detail and the ability to interpret complex policy wording and contractual requirements.
• Ability to manage multiple insurance portfolios, documentation requirements, and deadlines independently.
• Strong professional integrity and commitment to confidentiality and regulatory compliance.
• Relevant professional qualifications, such as ACII, CII, or other recognized insurance or maritime credentials, are an advantage.

Key Performance Indicators (KPIs)

Performance will be evaluated against relevant operational, technical, and service metrics, including:

• Policy Documentation Accuracy: Accuracy and completeness of marine insurance policies, endorsements, schedules, and supporting records.
• Risk Assessment Quality: Effectiveness in identifying material marine exposures and supporting appropriate coverage decisions.
• Processing Timeliness: Completion of policy reviews, renewals, declarations, and administrative tasks within established deadlines.
• Claims Coordination Efficiency: Timeliness and effectiveness in managing marine claims documentation, investigations, and stakeholder follow-ups.
• Premium and Exposure Accuracy: Accuracy of insured values, premium calculations, declarations, and policy adjustments.
• Compliance Performance: Adherence to applicable insurance requirements, contractual obligations, and internal procedures.
• Documentation Completeness: Availability of accurate risk assessments, shipping documents, survey reports, and claims records.
• Stakeholder Satisfaction: Responsiveness and service quality when working with clients, brokers, underwriters, and shipping partners.
• Risk Mitigation Effectiveness: Contribution to identifying recurring losses and implementing practical risk reduction measures.
• Audit Readiness: Timely provision of complete and traceable records for internal and external reviews.
• Operational Efficiency: Reduction in administrative errors, documentation gaps, and avoidable processing delays.
• Continuous Improvement: Contribution to improved insurance administration, claims coordination, and risk management practices.

What We Offer

• Competitive compensation based on experience, qualifications, and technical expertise.
• Fully remote working arrangement.
• Opportunity to work with diverse marine insurance products and international shipping operations.
• Professional development opportunities in marine underwriting, claims management, and maritime risk assessment.
• Collaborative working environment involving underwriting, claims, broking, compliance, and risk management teams.
• Exposure to cross-border trade, cargo transportation, and maritime insurance matters.
• Opportunities to contribute to process improvement and stronger insurance governance.
• A professional environment that values technical expertise, integrity, accuracy, and continuous learning.

How to Apply

Interested candidates are invited to submit an updated CV highlighting their experience in marine insurance, cargo or hull coverage, marine risk assessment, policy administration, and claims coordination.

Please include relevant systems experience, knowledge of international shipping documentation, and examples of successfully managing complex marine insurance matters or improving operational processes.

Email Subject Line: Application – Senior Marine Insurance Specialist (UAE Remote)

• We welcome applications from qualified professionals who demonstrate strong marine insurance expertise, sound commercial judgment, and a commitment to effective risk management and high-quality insurance services.