Your new company

A leading utility-backed seaborne energy trader specialising in LNG, Coal and Freight with a platform to trade across all key markets (North America, Europe, Middle East, Africa and Asia), where you play a key part as an insurance specialist will support the Head of Legal & Compliance in all insurance matters affecting the Company and to ensure timely placement, renewals, reporting, and operation of insurance processes for the company

Your new role

• Compile monthly insurance declarations (LNG cargo, Coal cargo and ECL) and ensure that declarations are submitted to brokers / underwriters on a timely basis
• Compile claims records and ensure that such records are submitted to brokers / underwriters on a timely basis
• Ensure proper documentation and record of premium payments
• Assist in reviewing insurance policy terms, enhancements and endorsements
• Support insurance renewal process from preparation of renewal information, participation in renewal negotiations to policy placement
• Maintain insurance database to record details of policy coverage applicable to the Comp
• Assist in ad hoc insurance queries relating to LNG master sales and purchase agreements, contracts of use, charter parties, coal contracts / confirmations between internal stakeholders and brokers / underwriters to ensure terms and conditions agreed within the contracts are covered by existing insurance programmes available and propose wordings and/amendments to bring contractual liabilities under existing insurance covers
• Escalation of insurance claims (P&I, FD&D and cargo claims) to brokers / underwriters and may be required to handle early claim investigations. follow up on reimbursements from insurers immediately upon settlement and execute recourse actions, if any

What you'll need to succeed

• Knowledge of insurance market, claims and renewal process preferred
• Experience gained within an energy trading environment will be highly regarded. Preference will be given to someone who understands physical coal and LNG trading and drybulk transactions
• Familiarity with insurance terms and physical energy contract legal and shipping terms will be an advantage
• Experience of working directly with the trading and legal functions of an energy trading company

What you'll get in return

An excellent opportunity awaits you in one of the world's largest energy and commodity trading organisation, providing the ideal culture for both growth and work-life balance, surrounded by world-class facilities.

What you need to do now

If you're interested on this role, click "Apply Now" and send in your updated resume, or you can also contact me at Dashini.raj@hays.com.my or call me at +603-76118695 for a confidential chat.

Registration ID No. R1769394 | EA Licensee number: 07C3924 | Company Registration No. 200609504D