Insurance Officer

Insurance Officer

Sofia full-time

Job Description

Main Role:
• Operates in a challenging environment where risk management is of vital importance | The manager must ensure that all insurable risks are appropriately covered at a competitive price

Negotiate Insurance Policies and Programs for the Group | In charge of the tendering and negotiation of Cargo Marine and other insurance policies at appropriate conditions and pricing
- determining the requirements of each business unit and region, perform statistical analysis to determine appropriate risk retention levels with or without captive insurance
- negotiate, review and verify documentation
- manage relationships with brokers and insurers as well as other external parties
- negotiate broker SLAs
Policy Execution | Shall ensure appropriate policy operation by execution teams
- coordination of accurate and timely declarations
- negotiate operational aspects with broker’s system
- ensure appropriate internal knowledge of warehouse/vessels vetting and inspections policies
- review premium calculation, verification, internal allocation, invoicing and payment as necessary
- maintain global databases for premiums, claims, ratings and other insurance related aspects
- provide ad-hoc analysis and reports and answer day-to-day operational questions
- manage local policies on regulated locations
- generate operational summaries
Claims Management | Shall ensure a smooth treatment of all base-level claims
- setting up thresholds and procedures for claim treatment
- coordinate negotiations with legal, technical and execution teams
- evaluate coverage applicability
- assist in developing settlement strategies from insurers and third parties
- participate and assist in the treatment of high-complexity of value claims with legal, finance and management

• Degree in Business | Specialization in Insurance or similar could be a plus
• Excellent written and verbal English language skills
• 8-10 years of relevant experience | In insurance underwriting, Brokerage or Corporate insurance department on Cargo, Marine and Storage Insurance
• Experience in commodity trading a plus
• Excellent working knowledge of Incoterms, Institute Cargo Clauses, Insurance Act of 2015 and other applicable regulations

If you find our proposal interesting and want to receive more information, please, send your CV in English by applying online!

For more information, please contact

We thank all interested applicants, but we will only contact a short list of them! All applications are confidential. JobTiger is a Bulgarian online job board and licensed recruiting company (License No.1604, 07.06.2013 - 07.06.2018).