Executive, Claims

BW LPG; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading company in maritime transportation is seeking a Claims Specialist to manage demurrage and freight claims. The role involves calculating invoices, maintaining records, and collaborating with various departments. Ideal candidates will have a bachelor's degree and strong numeracy skills, with entry-level applicants also welcomed.

Qualifications

• Ideally 5 years work experience with 3 years in a claims type environment.
• Entry-level candidates will be considered for the position.

Responsibilities

• Responsible for proper and effective demurrage claims associated with vessel employment.
• Calculate, raise and tender demurrage invoices in accordance to CP terms.
• Maintain and collate data and records of all claims and collections proceeds.

Skills

Strong numeracy

Written skills

Commercial acumen

Good working knowledge of Excel

Good working knowledge of PowerPoint

Education

Bachelor level in any discipline

Tools

VESON IMOS

Oracle

Job description

1 week ago Be among the first 25 applicants

About Us

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.

About Us

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.

Our global footprint spans seven countries with 17 nationalities represented across our workforce. Our fleet of 39 Very Large Gas Carriers (VLGC) offer a total carrying capacity of over 3 million CBM. From spot voyages and time charters to Contracts of Affreightments (CoAs), our emphasis on flexible, reliable service has earned the trust of leading oil companies as well as trading and utility companies. More information about BW LPG can be found at www.bwlpg.com.

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.

Summary

Job Description

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.

Qualification & Skills

Bachelor level in any discipline

Ideally 5 years work experience with 3 years in a claims type environment

Entry-level candidates will be considered for the position

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.

Only shortlisted candidates will be notified.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Maritime Transportation

Referrals increase your chances of interviewing at BW LPG by 2x

Claims Specialist/ Senior Claims Specialist

Assistant Manager, Claims, Property & Casualty

Assistant Manager, Third Party Injury Claims

Asia Medical Malpractice & Professional Indemnity Claims Manager

Claims Executive (Bond and Commercial lines)

Claims Executive (Bond and Commercial lines)

Claims Executive (Bond & other Commercial Lines)

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.