P&I Claims Handler (VAC-A3321)

Job description

Our client is a well-established Specialist Marine Insurance Broker working with a strong presence in Cyprus, Greece and the Middle East and they are currently looking to recruit a P&I Claims Handler to join the Claims department at their Limassol

Job Summary:

The P&I Claims Handler will be responsible for managing all aspects of Protection and Indemnity (P&I) claims within our company.

This role requires a deep understanding of maritime law, insurance principles, and the ability to negotiate and settle claims effectively.

The ideal candidate will have a strong background in marine claims handling, excellent communication skills, and a proactive approach to problem-solving.

Salary:

The client is offering a starting salary of 2000 – 4000 Euros gross monthly based on experience

Graduates starting salary will be 1500 Euros gross

Working hours:

Flexible work hours Monday to Friday between the hours of 8:00-19:00 (must complete 8 work hours within the hours outlined )

TO APPLY for this job opportunity, send your CV (in English please) and include the reference: P&I Claims Handler - VAC-A3321. We look forward to hearing from you!

Job Duties

Key Responsibilities:

• Receive, review, and assess incoming P&I claims, ensuring accuracy and completeness of documentation.
• Liaise with clients, insurers, legal advisors, and other stakeholders to gather necessary information and documentation for claims processing.
• Analyze coverage, liability, and damages to determine the validity and extent of claims.
• Negotiate settlements with claimants or their representatives, striving to achieve favorable outcomes for both parties.
• Prepare detailed reports, correspondence, and documentation related to claims handling activities.
• Monitor claims progress and provide regular updates to stakeholders, ensuring transparency and accountability throughout the process.
• Collaborate with internal departments, including legal, finance, and operations, to facilitate efficient claims resolution.
• Stay informed about industry regulations, legal developments, and best practices in claims management to ensure compliance and continuous improvement.
• Assist in the development and implementation of policies, procedures, and strategies to optimize claims handling processes and mitigate risks.
• Perform other duties and responsibilities as assigned by management.

Nature of Work:

• The P&I Claims Handler role involves working in a fast-paced and dynamic environment where attention to detail and the ability to manage multiple tasks simultaneously are essential.
• This position requires frequent communication with clients, insurers, and other stakeholders, both orally and in writing.
• The nature of the work may involve occasional travel to attend meetings, inspections, or negotiations related to claims handling.
• The successful candidate will demonstrate adaptability, professionalism, and a commitment to delivering high-quality service to our clients.

Job Requirements

Qualifications:

• Bachelor's degree in Maritime Studies, Law, Insurance, or related field. LLM in Maritime Law will be considered a significant advantage.
• Minimum of 2 years of experience in P&I claims handling or marine insurance.
• In-depth knowledge of P&I insurance principles, maritime law, and international regulations.
• Strong analytical skills with the ability to assess complex legal and financial issues.
• Excellent communication, negotiation, and interpersonal skills.
• Proven track record of successfully managing claims from inception to resolution.
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
• Proficiency in relevant computer applications and claims management software.
• The client is also willing to consider Maritime Business Degree graduates and train them up into the role 

Job Benefits

Salary:

• The client is offering a starting salary of 2000 – 4000 Euros gross monthly based on experience
• Graduates starting salary will be 1500 Euros gross

Working hours:

• Flexible work hours Monday to Friday between the hours of 8:00-19:00 (must complete 8 work hours within the hours outlined )

TO APPLY for this job opportunity, send your CV (in English please) and include the reference: P&I Claims Handler - VAC-A3321. We look forward to hearing from you!