Mohamed El Nikhely

• Reduced risk exposure for the company by identifying and addressing areas of noncompliance.
• Delivered subject matter expertise for internal and external customers on compliance best practices and quality control.
• Prepared records and data for regular audits.
• Prepared and presented comprehensive reports to upper management and audit team, covering issues and recommendations.
• Advised division leaders of regulatory risks in business processed and provided recommendations for improvement.
• Consulted with clients on best practices and served as project manager for all process improvements and regulatory initiatives.
• Collaborated with contract team to review client contracts and facilitate personnel compliance training.
• Collaborated with cross-functional teams to establish clear compliance guidelines and expectations for all departments.
• Delivered and tracked program training for associates and supervisors to safeguard continuing business relationships.
• Played instrumental role in company-wide risk assessment efforts, supporting enhancements in business processes and controls.
• Managed investigations into potential violations of laws or regulations, ensuring swift resolution and corrective actions when necessary.
• Developed policies and procedures to manage compliance risks, safeguarding organizational reputation.
• Enhanced overall business operations by continuously improving policies, procedures, and controls related to compliance requirements.
• Performed regular compliance reviews and audits, identifying non-compliance issues.
• Established and monitored compliance procedures to provide consistent implementation across departments.
• Investigated potential compliance violations and reported findings to senior management.
• Analyzed and identified risk areas to determine compliance with applicable laws and regulations.
• Developed compliance training initiatives and materials, educating staff on regulations.

Monitor and analyze regulatory developments in the Insurance sector, ensuring the company's operations remain compliant.

adherence to regulatory requirements and internal policies. Regularly review and update compliance policies and procedures to changes in laws, regulations, and best practices.

Liaise with regulatory bodies and ensure timely and accurate reporting of compliance issues.

Ensure strict adherence to CBUAE regulationsand legislationn.

Conducted thorough internal audits to assess compliance with laws, regulations, and internal policies.

Prepared detailed reports on compliance activities,finding, and recommendations for board review.

Led investigations into compliance breaches and recommended correct actions to prevent recurrence.

Collaborated with finance departments to ensure fiscal operations remain within legal and regulatory frameworks.

Delivered comprehensive training sessions on compliance, regulatory changes, and risk management to staff members.

Trained management and employees to emphasis importance of protocols and requirements.

Recommended modifications and revisions of procedures to secure higher levels of compliance, practicing strict measures

• Enforced regulatory statutes and internal best practice guidelines to meet criteria and compliance.
• Assisted in the resolution of employment disputes, offering mediation services and advice on employment law matters.
• Negotiated settlements on behalf of clients to resolve disputes efficiently.
• Prepared legal opinions and memoranda on various legal issues facing clients.
• Assisted in the protection of intellectual property rights, including patent and trademark registration. Provide strategic legal guidance to mitigate client risks and liabilities.
• Facilitate dispute resolution via negotiation and mediation techniques Expertise in drafting, reviewing, and negotiating a wide array of contracts and agreements
• Proactively identify and pursue settlement and negotiation opportunities in case management
• Maintain cutting-edge legal knowledge to ensure client compliance with current laws and regulations

Maintained up-to-date knowledge of industry trends and best practices, applying this insight to enhance the compliance framework.

• Participated in strategic planning sessions, advising on compliance implications of proposed business initiatives.

• Conducted in-depth market research to support trading strategies and identify potential investment opportunities.
• Assisted in the development and maintenance of internal controls and procedures to comply with industry regulations.
• Ensuring legal compliance with the rules and legislation issued by the Authority concerns a unified motor insurance policy
• Contribute to business development efforts by participating in claim proposals .
• Collaborate with marketing and business development teams to expand the firm's client base
• Completion of the digital automation of recovery insurance for all companies in line with the requirements of the Central Bank.
• Review of all types of contracts including vendor contracts, Nor (NDAS),( PSAS )( MOU ), etc.
• Support license renewal and interaction with the relevant authorities in the UAE (DED, UAECB, RTA, etc.).
• Meet with customers to discuss both legal and business matters issues Lead all commercial contracts for the company, concerning partners and consumers.
• Maintain excellent working relationships with insurance clients Drafting and standardizing various official documents related to Providing support and advice on new potential business opportunities .
• Draft and revise contracts with customers Ensure the organization's internal contract documents are accurate.

• Managed the preparation of reports for regulatory bodies, demonstrating adherence to legal standards.
• Analysed complex compliance data to identify trends and areas for improvement in organisational processes.
• Advised senior management on the implications of current and emerging compliance regulations on business strategies.
• Represent clients in proceedings by attending meetings with clients, external bodies, and experts Support in writing POA, letters, and any other legal documents.
• Assure periodical review of the performance of the law firms appointed Support on matters related to the Traffic Department and Police Formulate legal strategies for the recovery of credit delinquencies and receivables.
• Analyze claims data to generate reports on processing times, settlement amounts, and other key metrics Manage total loss claims.
• ensuring the maximization of salvage value Maintain current knowledge of insurance regulations, industry standards, and legal requirements for motor claims.
• Ensure strict adherence to regulatory and industry standards in claims processing.
• Support the claims teams (PL and EB) on pre-litigation on medium-large losses.
• Identify and prevent fraudulent claims through vigilant monitoring and appropriate action.
• Negotiate with claimants, policyholders, and legal representatives to resolve claims effectively Oversee the recovery process, track performance, and enhance relationships with partner companies.
• Develop strategies to optimize collection and recovery, improve efficiency, and minimize losses.
• Provide strategic management and advice on insurance claims across the organization Manage claims cost-effectively and support divisions in reducing claim frequency and value.
• Monitor court and legal claims brought against ADNIC Perform site visits and attend claim meetings for high-value claims Manage recoveries of uninsured motor claims and conduct half-yearly audits of service providers.
• Support the Claims Manager and ensure effective complaint resolution and customer journey improvements

• Assist with developing a comprehensive internal audit plan, including preparation of risk assessment.
• Review and improve insurance policy wording including terms conditions and pricing.
• Provide feedback to management regarding IT best practices related to increasing efficiency and enhancing the control environment Auditing and settling all insurance claims in coordination with the claims committee.
• Supports the external auditors by performing reliance testing for the externa audit firm.
• Assist with other related operational audits across the organization, both IT an non-IT focused .
• Ensure compliance with various provisions of insurance Act, corporate governance rules and other statutes.
• Ensure implementation and maintenance of relevant management information systems, quality controls Checking all coinsurance and reinsurance claim files .
• Periodical review of the Department's outstanding reserve and preparing related quarterly statements to reach the proper reserving.
• Review Manager and team members as well as externally with insureds claimants and brokers