Dry Cargo Claims Analyst

Vitol; London; On-site; GBP 45,000 - 60,000; Full time

Job summary

Vitol, a leading energy and commodities company, seeks a professional with expertise in shipping and demurrage. Responsibilities include analysing and negotiating contracts and managing claims effectively within a collaborative work culture. This role provides an opportunity to engage directly with a diverse range of projects, maintaining a flat and non-bureaucratic environment.

Benefits

Flat and non-bureaucratic work culture

Creative freedom

Central location near Victoria Station

Qualifications

• 3+ years experience in dry bulk shipping; knowledge of metal cargoes beneficial.
• Proficient in reading dry and freight contract terms.
• Strong communication, analytical, and financial assessment skills.

Responsibilities

• Analyse and negotiate demurrage claims within time limits.
• Cooperate with Trading and Legal departments for contract guidance.
• Manage claims portfolio and prepare financial reports.

Skills

Shipping and Demurrage experience

Negotiation skills

Analytical skills

Communication skills

Commercial decision-making

Time management

Job description

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• Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide.In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $10+billion invested in long-term assets.

Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2023 were $400bn.

Job Description

• Analyse, issue and negotiate contractual and shipping payable and receivable demurrage/despatch claims to conclusion within time bar limitations
• Close co-operation with all other departments, especially Trading and Legal to help give advice on demurrage terms and guidance to reduce the Company’s exposure at source with the contract terms
• Closely communicating daily with external business partners such as brokers, charterers and owners
• Accurately and thoroughly maintain the information within the trading systems and responsible for the prudent assessment of the matrix claims P&L
• Assist to prepare financial quarterly matrix reports & desk meetings to ensure the Operators & Brokers are fully aware of their Claims portfolio and seek their commercial support where needed
• Managed the claims portfolio ensuring claims are paid within the agreed timelines or escalated as appropriate.

Qualifications

• +3 years Shipping and Demurrage experience on a dry bulk shipping company / prior experience with metal cargoes would be a benefit
• Proficiency in the reading and understanding of dry and freight contract terms to support high level negotiation
• Strong written and verbal communication skills with the ability to communicate to all levels of the organisation
• The ability to analyse information and data at a very high level with attention to detail and accuracy
• Be able to identify and resolve issues in a timely manner
• Competency to make commercial decisions to maximise return to the business
• Ability to multitask, excellent time management skills and strong commercial acumen
• Wet cargo oil demurrage experience would be a benefit.

Additional Information

• Flat and non bureaucratic work culture
• Large variety of projects, creative freedom and direct access to our user community
• Central location close to Victoria Station