Executive, Claims
5 days ago
COMPANY DESCRIPTION
As the world's leading owner and operator of LPG carriers with five decades of operating experience, BW LPG promotes competitive, sustainable solutions to secure value for society and our stakeholders.
BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of over 490 vessels transporting oil, gas and dry commodities, with its 200 LNG and LPG ships constituting the largest gas fleet in the world. In the renewables space, the group has investments in solar, wind, batteries, biofuels and water treatment. BW LPG, as a member of the BW Group, is one of Forbes World's Best Employers 2023.
DESIGNATION : Executive, Claims
RESPONSIBILITIES
**Summary**
Undertake processes and formalities for the collection of demurrage, freight and hires for all fleet vessels, including charter-in & out tonnages. Assist the manager and management with record keeping and reporting of all collection proceeds.
**Responsibilities**
Responsible for proper and effective demurrage claims associated with vessel employment
- Calculate, raise and tender demurrage invoices in accordance to CP terms in a timely manner.
- Proactively pursue Charterers for demurrage settlement
- Understand Charter Party clauses on effective demurrage recovery and appreciate basic operational activities underlying such claims.
Responsible for calculating and invoicing freight and/or time charter hire & other claims associated with vessel employment
- All claims / revenues are raise as per CP within time barred period
- Issue and collection of freight when vessel completed discharge
- Verification and raise miscellaneous claims in accordance to CP terms
- Raise external TC Hire In / Out and Charterer's item
- Raise external Bareboat Hire Invoices and processing TC / BBC invoices in vessels
Maintain and collate data and records of all claims and collections proceeds inside the company's approved system.
Report on freight / hire / demurrage and miscellaneous claims status as required.
Support the department in enhancing interdepartmental process to ensure streamlined procedures
Responsible in processing brokerage commission and commercial fees payments in IMOS and EBS
Actively participate in the development of the quality management system and engage in the process for the continuous improvement of departmental procedures
Collaborate effectively with Chartering, Operations, Finance, Insurance and any other department necessary to process claims in an effective manner.
QUALIFICATIONS
Bachelor level in any discipline
Ideally 5 years work experience with 3 years in a claims type environment
Strong numeracy and written skills
Possessing commercial acumen
Good working knowledge of Excel and PowerPoint
Exposure to Shipping IT systems such as VESON IMOS and Oracle is advantageous
OTHER INFORMATION
The position will be based in Singapore.
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