Marine Insurance Officer Jobs in Chennai Insurance Company
⚡ Urgent Requirement🏢 Chennai Insurance Industry - Where to Find These Jobs
Chennai is one of India's most important insurance industry cities, home to Star Health and Allied Insurance (India's largest standalone health insurer), regional offices of all major life and general insurers, and a large insurance operations workforce. The city employs over 1.5 lakh insurance professionals across sales, operations, claims, underwriting, and technology.
Anna Salai, T. Nagar, Nungambakkam, and Guindy are the primary insurance employment zones in Chennai. Key private sector employers include Star Health Insurance, HDFC Life, ICICI Prudential Life, SBI Life, Bajaj Allianz Life, Tata AIA, Max Life Insurance, HDFC ERGO, ICICI Lombard, and Bajaj Allianz General Insurance.
📋 Job Description
Jobzi is sourcing qualified candidates for Marine Insurance Officer positions in Chennai insurance companies. This role is with a leading private sector life insurer, general insurer, or health insurance company in Chennai. You will be part of India's growing insurance industry with strong career growth and competitive compensation.
📌 Key Responsibilities
- Handle marine cargo and transit insurance for export, import, and inland movement shipments
- Process open cover declarations, specific voyage policies, and annual marine cargo endorsements
- Assess marine cargo risk based on commodity, packing, route, and conveyance details
- Coordinate marine cargo claims including survey appointment, loss report review, and settlement
- Liaise with importers, exporters, freight forwarders, and banks for marine insurance documentation
- Ensure compliance with International Chamber of Commerce (ICC) clauses and IRDAI marine guidelines
- Prepare marine premium statements, loss ratios, and portfolio performance reports
🎓 Qualifications and Requirements
- B.Com/MBA in Finance or International Trade with 2-6 years of marine insurance experience
- Good knowledge of marine cargo clauses (Institute Cargo Clauses A, B, C) and ICC terms
- Understanding of Incoterms 2020, Letter of Credit documentation, and trade finance
- Familiarity with port operations, shipping terms, and commodity-specific risk factors
- Knowledge of hull insurance for coastal and inland vessels preferred
- Good communication skills for export/import client interaction in Chennai's trade ecosystem
- FIII or AIII in Marine from Insurance Institute of India preferred
✅ Required Skills
🏆 Certifications Valued
IRDAI Insurance Agent License, POSP Certificate, IRDA Composite License, NISM Series certifications, IC-33 (Life Insurance), IC-38 (General Insurance), IC-57 (Health Insurance), Licentiate / Associate / Fellow of Insurance Institute of India (III)
❓ Frequently Asked Questions
Which areas in Chennai have the most insurance company jobs?
Anna Salai (Mount Road), T. Nagar, Nungambakkam, Thousand Lights, and Guindy are Chennai's primary insurance employment zones. Star Health Insurance's headquarters in Nungambakkam is one of the largest single insurance employers. T. Nagar hosts branch offices of nearly every major insurer.
What is the average insurance company salary in Chennai in 2026?
Insurance salaries in Chennai range from Rs.15,000 for entry-level policy servicing roles to Rs.1,50,000+ for senior managers in underwriting, product, and medical affairs. Sales professionals with good incentive achievement earn Rs.60,000 - Rs.2,00,000 total monthly compensation.
What IRDAI certifications are required for insurance jobs in Chennai?
IRDAI agent license (IC-33 for life, IC-38 for general) is mandatory for field sales and advisory roles. The Insurance Institute of India offers Licentiate, Associate, and Fellowship qualifications valued for underwriting, claims, and senior roles. POSP certificate is required for point-of-sales person roles.
Why is Marine Insurance important for Chennai businesses?
Chennai is home to one of India's busiest ports (Chennai Port and Ennore Port) handling automotive, electronic, and bulk cargo exports and imports. Marine cargo insurance is mandatory for most LC-backed trade transactions. Chennai's large export community in textiles, auto components, and pharma creates strong marine insurance demand.
What is the salary for Marine Insurance Officer in Chennai in 2026?
Marine Insurance Officers with 2-6 years experience earn Rs.32,000 - Rs.80,000 per month in Chennai. Senior marine underwriters and marine claims specialists earn Rs.90,000 - Rs.1,50,000 at large general insurance companies with significant Chennai port business.
What documents are involved in marine insurance in Chennai?
Commercial Invoice, Packing List, Bill of Lading, Certificate of Origin, Marine Insurance Certificate, Survey Report, Damage Report, and Subrogation Letter are the primary documents handled by marine insurance professionals in Chennai's export-import ecosystem.
What is the salary for Marine Insurance Officer in Chennai 2026?
A Marine Insurance Officer in Chennai earns between Rs.31,000 and Rs.79,000 per month in June 2026, depending on experience, insurer, and performance.
What experience is required for Marine Insurance Officer jobs in Chennai?
2 - 6 Years of relevant experience is required for Marine Insurance Officer roles in Chennai insurance companies. Domain knowledge of insurance products and IRDAI regulations is strongly valued.