P&I Claims Handler - Limassol

  • Location:

    Cyprus, Limassol

  • Discipline:

    Insurance

  • Job type:

    Permanent

  • Benefits:

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

  • Published:

    04-03-2024

  • Expiry date:

    04-06-2024

  • Reference:

    2273

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 an 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.

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.

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 

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

To apply:

Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of P&I Claims Handler with reference number 2273.
Or you can apply directly through your candidate login by hitting the APPLY button.