Insurance Specialist Job at Goodman Masson (Muscat)

Job Description

We are seeking an experienced Insurance Specialist to join a well-established organisation in Muscat, Oman, operating in asset-backed financing, marine, aviation and industrial sectors. This is a full-time, on-site position offering the opportunity to take full ownership of the company’s insurance portfolio and play a critical role in protecting high-value international assets throughout the entire deal lifecycle. As Insurance Specialist, you will act as the central point for all insurance matters, ensuring seamless coordination with brokers, insurers, internal deal teams, banks and counterparties in a dynamic, cross-border environment.

Job Responsibility

Manage the placement, renewal, and day-to-day administration of all corporate insurance policies (Marine Hull & Machinery, P&I, War Risk, Protection & Indemnity, aviation, motor fleet, liability and other relevant covers)
Review insurance and indemnity clauses in financing agreements, charter parties, sale & purchase contracts, and loan documentation to ensure full compliance
Build and maintain comprehensive insurance schedules covering limits, deductibles, conditions, exclusions, premiums and renewal dates
Ensure timely issuance, verification and filing of certificates of insurance, endorsements, debit notes, invoices and proof of payment
Proactively monitor renewal deadlines and contractual insurance obligations
escalate risks as needed
Coordinate with international brokers and underwriters (London, Scandinavian, Middle-East and Far-East markets) for quotations, placements and policy adjustments
Provide insurance support during due diligence, bank reporting, audits and transaction execution
Lead the claims management process: gather documentation, liaise with brokers/loss adjusters, track progress and report internally
Verify insurance invoices, allocate costs correctly and track premium payments
Prepare regular insurance status reports, exposure summaries and renewal pipelines for senior management

Requirements

Minimum 5 years of direct experience in corporate insurance, with strong exposure to marine insurance (essential) gained at a shipowner/operator, P&I club, insurance broker or insurer
Solid knowledge of aviation, motor fleet and general corporate insurance products
Proven track record in reviewing insurance wording in commercial and financing contracts
Exceptional attention to detail and organisational skills with the ability to manage multiple renewals and deadlines simultaneously
Strong communication and negotiation skills
comfortable dealing with international brokers and underwriters
Advanced Excel skills and experience maintaining insurance databases/schedules
Professional working proficiency in English (mandatory)
Fluency in French or Spanish is a significant advantage due to the international nature of the assets and counterparties
Relevant insurance qualifications (ACII, CIM, or similar) are highly desirable

Nice to have

Fluency in French or Spanish
Relevant insurance qualifications (ACII, CIM, or similar)

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Insurance Specialist

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