Basic Info

Ahmad Zeyada

9 years

Riyadh, Saudi Arabia

Bachelor's Degree

Manager

Work Experience

Underwriting Manager at Marina Insurance & Reinsurance Broker

Experience Details

Underwriting Manager

Accounting/Finance

Manager

Gathering information from clients, assessing their insurance needs and risk profile
 Building and maintaining ongoing relationships with clients including scheduling and attending meetings and understanding the nature of clients' businesses
 Foreseeing clients' insurance needs, such as policy renewals
 Researching insurance companies' policies and negotiating with underwriters to find the most suitable insurance for clients at the best price
 Arranging specialized types of insurance cover in complex cases; this may involve preparing reports for insurance underwriters and surveyors and negotiating with insurers
 Advising clients on risk management and helping to devise new ways to mitigate risks, for example, by adding security measures such as fencing, surveillance cameras or lighting to commercial properties to reduce the likelihood of break-ins
 Renewing or amending existing policies
 Advising clients whether and when they need to make a claim on their policies
 Developing relationships with underwriters
 Administrative tasks such as dealing with paperwork, correspondence, keeping detailed records
 Keeping up with changes in the insurance market and in the clients' industries


Company Details

Marina Insurance & Reinsurance Broker

Riyadh, Saudi Arabia

11-50 employees

Insurance

N/A

Apr 2015 to present (1 year 8 months)
Underwriting Manager at Esnad Insurance & Reinsurance Broker

Experience Details

Underwriting Manager

Accounting/Finance

Manager

Gathering information from clients, assessing their insurance needs and risk profile
 Building and maintaining ongoing relationships with clients including scheduling and attending meetings and understanding the nature of clients' businesses
 Foreseeing clients' insurance needs, such as policy renewals
 Researching insurance companies' policies and negotiating with underwriters to find the most suitable insurance for clients at the best price
 Arranging specialized types of insurance cover in complex cases; this may involve preparing reports for insurance underwriters and surveyors and negotiating with insurers
 Advising clients on risk management and helping to devise new ways to mitigate risks, for example, by adding security measures such as fencing, surveillance cameras or lighting to commercial properties to reduce the likelihood of break-ins
 Renewing or amending existing policies
 Advising clients whether and when they need to make a claim on their policies
 Developing relationships with underwriters
 Administrative tasks such as dealing with paperwork, correspondence, keeping detailed records
 Keeping up with changes in the insurance market and in the clients' industries


Company Details

Esnad Insurance & Reinsurance Broker

Riyadh, Saudi Arabia

11-50 employees

Insurance

N/A

Jun 2013 to Mar 2015 (1 year 9 months)
Non-Medical Underwriter at Al Ahlia For Cooperative Insurance

Experience Details

Non-Medical Underwriter

Accounting/Finance

Entry Level

Underwrite and price business according to delegated underwriting authority and guidelines referring accounts outside of underwriting authority to manager with recommendations
 Examine such documents as application forms, website, insurance maps, past claims, financial reports, contracts and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, loss experience
 Obtain renewal written premium goals, premium/pricing increases, renewal retention and number of quotes per month as established by the Company
 Follow all standard Operating/Production procedures and Code of Business Conduct as defined by management making continuous recommendations for improvement
 Maintain pure loss ratio as established by the performance goals
 Utilize Underwriter checklist on all accounts
 Monitor and recommend renewal strategy for accounts on monthly Loss Ration Exception Report and Summary Loss Reports
 Review Company records to determine amount of insurance in force on single risk or group of closely related risks and evaluate the possibility of losses due to catastrophe or excessive insurance.
 Communicate with field representatives, independent agents by following Marketing procedures to obtain further information and quote rates or to explain company underwriting policies
 Determine whether to accept, modify or decline risks by following product guidelines
 Authorize reinsurance of policy when risk is high
 Calculate standard rates and premium charges from approved filings
 Maintain adequate file documentation and justification for all credits and debits
 Specify applicable endorsements or apply rating to ensure safe and profitable distribution of risks
 Review and modify rating worksheets and prepare proposals
 Review and approve changes or questions on coverage or exposures
 Develop or modify policy wording when standard text is not appropriate
 Assist in the training and development of Underwriting Trainees
 Review trainee underwriting files to assure adherence to underwriting guidelines
 Maintain speed of service objectives
 Perform quality control on files
 Utilize Underwriter checklist and perform quality control on files
 Learn competitor products and recommend enhancements to products


Company Details

Al Ahlia For Cooperative Insurance

Riyadh, Saudi Arabia

101-500 employees

Insurance

http://www.alahlia.com.sa

Aug 2008 to Jan 2013 (4 years 5 months)

Achievements


I was able to achieve a big leap in deals closure and premium wise by almost 40% ..


Set up a system and forming a creative sales team who could help get the company back up on its feet and start professional competition among other companies in the market


Education

BSc of Commerce "English Section" in Accounting

Education Details

BSc of Commerce "English Section"

Accounting

Banha University, Egypt

Not specified

N/A

N/A

Banha University
2001 - 2005
High School - Thanaweya Amma

High School Details

Thanaweya Amma

Al Manshiya Secondary School

Egypt

2001

B / Very Good / 75 - 85%

N/A

Al Manshiya Secondary School
2001
This profile is not updated!
Last update more than 3 months ago.

Jobseeker photo

Profile Skills and Keywords

AccountingArabicBilliardsCommunication SkillsComputer SkillsEnglishExecutorFinanceGoing Out With FriendsHandles StressHard WorkerInsuranceInsurance SalesInsurance UnderwritingMicrosoft ExcelMicrosoft WordNon-Medical UnderwriterProblem SolverReadingSalesTeam PlayerUnderwriting Manager

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Advanced

: Advanced

Tools and Technologies

Microsoft Excel

Microsoft Excel

: Expert

: High

:

3-5 years

Sales

Sales

: Advanced

: Extreme - I love it!

:

1-3 years

Microsoft Word

Microsoft Word

: Advanced

: Extreme - I love it!

:

5-7 years

Computer Skills

Computer Skills

: Advanced

: Extreme - I love it!

:

More than 7 years

Communication Skills

Communication Skills

: Intermediate

: Extreme - I love it!

:

5-7 years

Fields of Expertise

insurance sales

insurance sales

: Advanced

: Extreme - I love it!

:

1-3 years

Insurance Underwriting

Insurance Underwriting

: Advanced

: High

:

More than 7 years

Key Skills

Executor, Hard worker, Problem Solver, Handles Stress, Team Player

Online Presence

https://www.linkedin.com/in/ahmad-zeyada-a0904242?trk=hp-identity-name

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