Assistant Manager, Commercial/ Asset Management

Job Purpose:

1. Contract, Insurance & Claims management of a fleet of LNG vessels.
2. Ensure effective communication and co-ordination with Charterers, Insurers, respective vessels, shareholders, technical managers, and internal support teams (Cash Management //MOL Tokyo etc.)
3. Ensure safe and reliable transportation of energy products and maximize owner profits.

Job Duties and Responsibilities:

1. Operational Responsibilities (Do)

• Support Manager in the commercial administration of LNGC projects.
• Undertake Management of Insurances and Claims of all LNGC projects
• Support Manager in administration of Project Budgets with the Ship Managers
• Develop relationships with different Insurance Underwriters and P&I clubs.
• Provide Insurance related Input for Contractual compliance matters.
• Keep complete track of Insurance cover for assigned vessels and ensure timely renewal.
• Ensure rightful claims are raised and recovered. Keep completed track record for all claims associated with the assigned vessels and follow-up with the insurance providers.
• Liaise with Finance team to ensure appropriate provisions are allocated to financial statements.
• Update Senior Leadership, Directors and Shareholders with manager supervision and guidance on the Insurance / claims /Settlement matters.
• Provide support for Internal Approval process and interact/liaise with Technical and Commercial Teams overseas.

2. Performance Monitoring Responsibilities (Check)

• Ensure assigned LNGC’s are covered with the statutory insurances and ensure all claims are fully accounted for with the Insurance companies.
• Compliance with Charter Party requirements and gauge performance of assigned assets as per TCP warranties
• Ensure assigned projects are built as per SBC and in compliance with latest statutory regulations.
• Liaise with Charterers/Customers and drive cost benefits for Owners.
• Liaise with Ship Managers and drive value optimization by driving OPEX efficiencies.
• Takes an overview of Operational performance and provides mentoring and coaching as required to the team

3.  Responsibilities for Driving Improvement (Act)

• Coordinates Ship Managers on Technical and Operational Matters including OPEX Budget approval process.
• Provides advice to Ship managers on Insurance and Commercial matters about charterer requirements.
• Attend industry meetings, trainings, seminars and conferences.

4.  Ensure effective management of the special purpose companies contained within the joint venture project

• Ensure effective communications with all stakeholders.
• Liaise with

1. Ship technical manager.

2. Finance team

3. Owners

4. JV partners

5. Charterer(s) + P&I Club

6. Insurance Underwiters

• Report to

1. MOLAO Senior leadership Team

2. MOL Tokyo Headquarters

3. Shareholders

4. MOL Tokyo Insurance & Legal division

5.  Prepare and organize

• Ensure Monthly KPI scorecards are sent to Charterers / Owners as required.
• Prepare and maintain tracker for all on-going insurance claims with Underwriters.
• Review monthly OPEX reports with Finance and prepare analysis for the variations noted in the OPEX budget for shareholders brief.
• Prepare monthly/Quarterly Management reports + Shareholders meeting materials for Owners and Shareholders as required.

6.  Owner representative

• Represent Owners during crisis management situations.
• Represent MOL and JVs at owner, charterer and Industry events.

Job Requirements:

1. Senior Maritime / shipping qualification, or Bachelor Degree in Project / business management with Operations experience, or Institute od Chartered Shipbrokers.
2. A good working knowledge of Oil & Gas shipping commercial operations
3. A good understanding of LNG/ Gas market gained at another owner and / or energy company.
4. Familiarity with time charter/ shipbuilding contractual terms and associated commercial agreements.
5. Ability to report complex commercial matters in simple terms.
6. Good cultural awareness with the ability to engage with various stakeholders worldwide.
7. Good understanding of LNG/ Gas market gained at another owner and / or energy company.
8. Ex-Mariner with LNG Tanker experience.
9. Claims handling (Insurance, charter-party disputes etc.)
10. Excellent communication skills.
11. Well organized and able to manage multiple tasks // projects by oneself.
12. Commercially astute with a sharp eye for detail.
13. Numerically astute and comfortable reporting large numbers to management (USD$ millions).
14. Capable to report complex commercial matters in a few salient points and provide resolution(s) to manager.
15. Strong negotiation and dispute-resolution skills.
16. Stakeholder engagement.
17. Strong data analytical skills.
18. Advanced Excel skills.