Claim Analyst

2 weeks ago


Singapore Vitol Full time
Company Description

Vitol is a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon. It trades over 7 million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes.

Vitol's clients include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves clients from some 40 offices worldwide and is invested in energy assets globally including: circa 17m m3 of storage globally, 500k bpd of refining capacity, 7,000+ service stations and a growing portfolio of transitional and renewable energy assets. Revenues in 2022 were $505 billion.

Job Description

  • Analyse charterparties and all related shipping documents and create and compute demurrage and shipping-related claims with shipowners;
  • Review charterparty related demurrage and shipping costs claims received;
  • Analyse sale contracts and all related documents (including GTCs) and create and compute demurrage and shipping related claims with counterparties, including suppliers, receivers and terminals;
  • Review demurrage and sales contract related demurrage and shipping costs claims received;
  • Counter and negotiate settlements; Liaise with the internal business where required;
  • Develop and maintain strong relationships both with counterparties and with the internal business;
  • Assist in regularly reporting outstanding positions to Management;
  • Keep abreast of industry developments and legal case law to ensure charterparty and/or trading terms are relevant and updated.

Qualifications

  • At least 3 years of working experience in demurrage/ claims (ideally in both charterparty and sale contract claims) handling the whole spread of demurrage claims across the full value range
  • Tertiary education - Polytechnic Diploma and above
  • Analytical, numerate, hardworking and proactive
  • Meticulous with an eye for details
  • Good communication skills, both oral and written
  • Able to work in a team and independently
  • Able to work in a fast-paced environment and under pressure

Additional Information

Only successful candidates will be notified.

Vitol Asia is committed to providing equal opportunities to all staff. Globally, Vitol seeks to conduct its business in accordance with the UN Global Compact's ten principles, including those on human rights, one of which is to "Ensure a diverse and inclusive work place, where possible, free from discrimination regardless of age, gender, race, cultural heritage, ethnicity, sexual orientation, religion or disability."
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