Football
Fahad AlRakhis
Dubai
Summary
Dedicated Insurance professional with history of meeting company goals utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.
Overview
15
15
years of professional experience
2
2
years of post-secondary education
2
2
Languages
Work History
Head of Specialty Lines
Zurich Insurance Company
07.2018 - Current
- Managing the Financial Lines, Liability and Marine books for Zurich Middle East with a team of 7 underwriters.
- Work in close partnership with global and local counterparts to ensure top-line and bottom-line results meet operating and strategic plan objectives.
- Develop and implement strategic business plans to achieve the overall profitable growth target.
- Develop and evaluate new products and concepts in partnership with countries.
- Ongoing assessment of market opportunities, development of business cases and assessment of competitor activities and products.
- Develop, maintain and expand our relationships with existing and new producers and partners.
Underwriting Manager - Marine, Fine Art & Specie
Zurich Insurance Company Ltd
04.2016 - 06.2018
- Monitored underwriting teams performance and provided mentoring to achieve personal and department production goals.
- Calculated group and individual renewal rates based on customers' background, industry and demographic information.
- Acted as subject matter expert, answering internal and external questions and inquiries.
Senior Underwriter
Fine Art & Specie
04.2014 - 03.2016
- Responsible for Global Corporate (GC) Marine Accounts for Zurich Middle
- East(Insurance & Reinsurance)
- Reviewing and responsible for Zurich Marine Middle East Reinsurance facilities
- Responsible for Middle East GC Marine lines portfolio management, administration, accounting and file documentation
- Marine training for the market facing underwriters in the Zurich Middle East branches.
Marine Underwriter
08.2010 - 03.2014
- Risk assessment and underwriting for Marine Cargo, Pleasure Craft and
- Specie (Insurance & Reinsurance)
- Market facing underwriter for Middle East dealing with medium sized and global corporate accounts(Insurance & Reinsurance)
- Managing existing relationship with key regional brokers in the region
- Working with the regional Marine LoB Head (ME) to ensure local activities are aligned with our wider business strategy and business plans for Marine business.
Student
MIB School of Management
01.2010 - 12.2010
- Master in Insurance and Risk Management
Financial Analyst
Abdulrahman Alrakhis General Trading & Contracting
08.2009 - 12.2009
- Performed credit analysis on commercial real estate loans including bridge, construction, office, retail and mixed-use - Developed pro-forma statements and cash flow projections - Reviewed third party reports such as appraisal and environmental reports to insure the value and condition of the property
Financial Advisor Assistant
Merrill Lynch
04.2009 - 07.2009
- Prepared equity stocks analysis - Prepared and sent out daily summaries of investment news update - Researched information from various sources to support the investment decision process
Credit Analyst
Abdulrahman Alrakhis General Trading & Contracting
02.2008 - 08.2008
- Analyzed and reduced property vacancy rates - Calculated property rent income - Managed mortgage and rental payments
Introducing Broker
FxSolutions, LLC
11.2007 - 08.2008
- Opened accounts for investors who are interested in Forex and commodities market -
- Acted as broker for investors under my network
- Worked with clients to develop financial planning strategies and solutions through evaluation of finances.
Education
Master of Science - Insurance And Risk Management
MIB Trieste School of Management
Trieste, Italty 01.2010 - 12.2010
Associate of Arts - International Business
UC Irvine
Orange County, California 01.2009 - 12.2009
Bachelor of Arts - Business Administration And Management
University of Sharjah
04.2001 -
Skills
Insurance expert
Problem solving & Analytical Abilities
Communication & Negotiation Skills
Teamwork
Interests
Metaverse
Timeline
Head of Specialty Lines
Zurich Insurance Company
07.2018 - Current
Underwriting Manager - Marine, Fine Art & Specie
Zurich Insurance Company Ltd
04.2016 - 06.2018
Senior Underwriter
Fine Art & Specie
04.2014 - 03.2016
Marine Underwriter
08.2010 - 03.2014
Master of Science - Insurance And Risk Management
MIB Trieste School of Management
01.2010 - 12.2010
Student
MIB School of Management
01.2010 - 12.2010
Financial Analyst
Abdulrahman Alrakhis General Trading & Contracting
08.2009 - 12.2009
Financial Advisor Assistant
Merrill Lynch
04.2009 - 07.2009
Associate of Arts - International Business
UC Irvine
01.2009 - 12.2009
Credit Analyst
Abdulrahman Alrakhis General Trading & Contracting
02.2008 - 08.2008
Introducing Broker
FxSolutions, LLC
11.2007 - 08.2008
Bachelor of Arts - Business Administration And Management
University of Sharjah
04.2001 -