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Claims Analyst – Oil Trade

1 month ago

Singapore DIRECT SEARCH ASIA PTE. LTD. Full time
Roles & Responsibilities

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.

Tell employers what skills you have

Excellent Communication Skills
Charter
Legislation
Loading & unloading
Petroleum
Tanker
Negotiation Skills
Freight
Communication Skills
Schedules
Human Resources
Shipping

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