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Average Adjusters (Maritime)

Descriptions & Duties

  • Average Adjusters (Maritime) have expertise in marine insurance and law. They may be appointed by any of the involved parties in a marine claim or dispute. Average Adjusters (Maritime) are bound to act in an impartial and independent manner.

Generic Competencies

Physical Abilities

Physical abilities

  • Physical strength
  • Eye hand coordination / precision / dexterity

 

Importance:1 (Max:5) 

Skill is rarely required

 

Technology Skills

Technology skills

  • Computer literacy
  • Application of technology

 

Importance:3 (Max:5) 

Skill is basically required

 

Cognitive Abilities

Cognitive abilities

  • Creativity
  • Visualisation
  • Logical thinking

 

Importance:3 (Max:5) 

Skill is basically required

 

Comprehension And Expression

Comprehension and expression skills

  • Reading comprehension
  • Oral / written expression

 

Importance:3 (Max:5) 

Skill is basically required

 

Social Skills

Social skills

  • Communication
  • Negotiation
  • Persuasion

 

Importance:3 (Max:5) 

Skill is basically required

 

Organisation And Execution Skills

Organisation and execution skills

  • Planning
  • Organising
  • Judgement
  • Decision making

 

Importance:4 (Max:5) 

Skill is frequently required

 

Problem Solving Skills

Problem solving skills

  • Ability to solve simple and complex problems effectively and efficiently

 

Importance:4 (Max:5) 

Skill is frequently required

 

Management Skills

Management skills

  • Leadership
  • Management of finance / time / people / other resources

 

Importance:4 (Max:5) 

Skill is frequently required

 

Trade Specific Competencies

Professional knowledge and skills in maritime services

Average Adjusters (Maritime) must always apply professional knowledge and skills in maritime services to solve issues and problems at work.

Knowledge and skills in marine claims

Average Adjusters (Maritime) must be able to investigate, and evaluate marine claims by applying technical knowledge and human relations skills to effect fair and prompt disposal of cases and to contribute to a reduced loss ratio.

General Requirements

Academic qualification

  • A high diploma or a bachelor's degree in accounting, insurance, science or related disciplines is usually required

Professional qualification

  • Possessed of professional and technical knowledge like law, maritimes, medical or engineering is an advantage. Holding membership of Association of Average Adjusters is preferable.

Experience

  • 3 to 5 years of relevant work experience

Career Path & Salary

Private Sector

Monthly Salary $15,000-$35,000

Monthly Salary $20,000-$70,000

Monthly Salary $30,000-$90,000

Monthly Salary $70,000-$160,000

Related Education & Training

Work Environment

  • Average Adjusters (Maritime) work outside office when visiting the scene or interviewing the related people. Work in office for reviewing documents and conducting research. May work at weekends as required by clients.

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