Insurance Specialist

Muscat, Sultanate of Oman | Posted on 03/12/2026

• Work Experience Proven experience in marine insurance gained within an insurance company, shipowner/operator, or insurance brokerage.
• Job Opening Status Open
• Degree Bachelor's
• Job Role Insurance
• City Muscat
• Country Sultanate of Oman

1. Position Summary

The Insurance Specialist is responsible for managing all insurance-related activities acrossthe company’s asset portfolio, including marine, aviation, vehicle, and other asset classes within company activities. The role ensures that all assetsremain adequately insured throughout the entire lifecycle of each deal, thatinsurance documentation fully complies with contractual and regulatory requirements, and that insurance risks are proactively identified, monitored,and mitigated in close coordination with internal teams and external insurersand brokers.

2. Key Responsibilities

Insurance Administration & Compliance

• Manage placement, renewal, and administration of insurance policies including H&M, P&I, War Risk,Liability, and other relevant policies or general insurance agreements.
• Review insurance terms in contractualdocuments to ensure compliance with company and regulatory requirements.
• Maintain accurate and up-to-date insuranceschedules, including policy terms, coverage limits, deductibles, and premium timelines.
• Ensure timely receipt, verification, andarchiving of insurance certificates, endorsements, quotations, debit notes, invoices, and proof of premium payments.

Coordination& Communication

• Communicate with insurance brokers, insurers regarding policy placement, renewals, and ongoing insurance requirements.
• Work closely with internal company units toalign on insurance obligations and documentation standards.
• Provide insurance-related support for audits, due diligence processes, and bank reporting.
• Monitor key insurance obligations under contractualdocuments, including compliance with minimum coverage and renewaldeadlines.
• Support the claims process, including documentation collection, coordination with insurers/brokers, and internalreporting.
• Identify emerging insurance risks and propose appropriate mitigation measures.
• Verify insurance invoices, debit notes,and track premium payments
• Track premium payments, renewal schedules,and insurer commitments.
• Prepare internal reports on insurance status, risk exposure, claims progress, and renewal pipelines.

Professional Background

• Proven experience in marine insurance gained within an insurance company, shipowner/operator, or insurance brokerage.
• Strong understanding of insurance formarine, aviation, vehicle, and other corporate assets.
• Excellent communication, coordination, and documentation-handling skills.
• Strong analytical abilities and high attention to detail.
• Ability to manage multiple insuranceworkflows simultaneously.

Languages

• English — professional working proficiency(mandatory).
• French or Spanish — considered a strong advantage due to the company's international activities.