P&I Claims Handler (VAC-A2273)

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 an P&I Claims Handler to join the Claims department at their Limassol office. 

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.

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

• 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

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 for this job opportunity, send your CV (in English please) and include the reference: P&I Claims Handler - VAC-A2273. We look forward to hearing from you!