Claims Analyst – Oil Trade
- Full time
- Singapore, Singapore View on Map
- posted 2 weeks ago
- Posted: May 7, 2024 -Accepting applications
Job Detail
Job Description
Main Responsibilities:
- Calculate and invoice demurrage and voyage-related claims incurred for each voyage, promptly with required documentation in accordance with the terms and conditions of the governing charter party
- Negotiate effectively to pursue collections of outstanding demurrages and claims escalation
- Liaise with Shipping Operators and/ or Master and/ or Agent for missing information or documentation and follow up proactively
- Record demurrage and claims and ensure compliance with electronic filing process
- Prepare weekly and monthly demurrage reports Track, highlight and provide feedback on unfavourable clauses to Freight Traders
- Develop solid relationships with internal and external stakeholders in order to maintain smooth collection of outstanding claims, including traveling to meet external stakeholders, if necessary
- Collate relevant correspondences for Legal Counsel or P&I Club review on claims that need to be turned over for legal recovery
- Evaluate validity of claims and take initiative to stay updated on new rulings, new clauses, how Charter party provisions are changing, etc. through seminars and relevant industry events
Requirements:
- Minimum 5 years of relevant working experience in the Tanker or Oil & Gas Trading industry.
- Strong understanding of the various charter parties, commercial contracts, laytime and demurrage provisions and the terminology associated with the petroleum industry.
- Strong understanding of all time-related and post-deal claims.
- Strong analytical and communication skills Self-motivated, Positive minded, Resolution focused.
- Good knowledge of Shipping Operations and/or Law.
- Be able to communicate in both English and Mandarin to communicate with China counterparts.
