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Insurance Engineering

Location:
Denver, CO
Salary:
100,000
Posted:
February 18, 2020

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Resume:

R E S U M E

SHIMELIS BELAY

**** * ****** **. •Aurora Colorado • 80015 • adbug9@r.postjobfree.com • 720-***-****

CAREER OBJECTIVE

To find a challenging position where I can utilize my competencies, capabilities, skills, education, and experience in the insurance and reinsurance industry, including loss adjusting and industrial risk surveys, for the benefit of the stakeholders.

CAREER PROFILE

1. Extensive international experience in insurance underwriting, claims management, engineering plant-inspection, risk survey, arbitration, and loss adjusting;

2. Knowledgeable in all aspects of reinsurance underwriting and claims (treaty & facultative);

3. Detail-oriented, efficient and organized professional;

4. Committed to providing excellent customer service;

5. Maintain company and client confidentiality, discreet and ethical;

6. Confident and poised in interactions with individuals of all levels and cultures.

PERSONAL INFORMATION

Birth Date : 24th April 1953;

Gender : Male;

Marital Status : Married;

PROFESSIONAL EXPERIENCE

March 2011-

October 2018 - Local Representative (Director) / Consultant.

African Reinsurance Corporation, Ethiopia Office.

In charge of marketing, underwriting, claims and administration on the

Ethiopian Reinsurance market.

Industrial Risk Surveys for the Nairobi Regional Office, and desk top

assessment of Loss Adjusters report for African Reinsurance Corporation.

Participate in putting the Corporation’s strategies in short and long term;

Responsible in maintaining/developing the Corporation’s underwriting

policies and provide statistical information to the Nairobi Regional

office, Kenya.

Supervise production processes to ensure that the Corporation’s

Standards are implemented, and targets achieved;

Responsible for reinsurance treaty negotiations, facultative acceptances,

and approval for claims settlements;

Coordinate with finance & administration, for the implementation

of the Corporation’s staff rules and regulations, including approval of payments and sign

cheques.;

Evaluate performance of staff, and recommend promotion, additional

training, or termination;

Participate as resource person on international training organized by the

Corporation to its major clients;

Raised the production level of the Ethiopian market premium income

from USD 8 million to USD 22 million.

April 2007 – Assistant Director Operations, African Reinsurance Corporation

February 2011 Nairobi Regional Office, Kenya. (Serving markets in East, Horn & parts

of Southern Africa).

Participate in putting the Corporation’s strategies in short and long term;

Responsible in maintaining/developing the Corporation’s underwriting

policies and provide statistical information to the HQ in Lagos, Nigeria;

Supervise production processes to ensure that the Corporation’s

Standards are implemented, and targets achieved;

Responsible for reinsurance treaty negotiations, facultative acceptances,

and approval for claims settlements;

Coordinate with finance & administration, for the implementation of the

Corporation’s staff rules and regulations, including approval of payments sign cheques.;

Evaluate performance of staff, and recommend promotion, additional

training, or termination;

Participate as resource person on international training organized by the

Corporation to its major clients;

Deputize the Regional Director and be in charge of the Regional office in his absence.

February 2004-

March 2007 Senior Underwriter, African Reinsurance Corporation, Nairobi Regional Office, Kenya.

Plan production according to the target set for the market allocated;

Responsible for treaty negotiations, facultative acceptances and claims

payment approval;

Supervise underwriters and support staff for the implementation of the

Corporation’s operations manual;

Evaluate performance of underwriters and support staff, and recommend

promotion, additional training, and termination;

Carry out major fire and engineering risk surveys, and consultant on engineering

insurance underwriting and claims, for Anglophone Africa.

September 2002-

January 2004 Owner and CEO, Shimelis and Tadesse International Loss Adjusters and Surveyors Limited, Addis Ababa, Ethiopia.

To remotely control the overall performance of the Company, with direct

involvement and strict follow up on major loss adjusting and risk survey activities.

January1998 –

January 2004 Part Owner / Managing Director, Alpha Risk Management Limited, Nairobi, Kenya.

Normal duties as a Managing Director including risk management and survey

activities in engineering, fire, liability and security.

November1995 –

December 1997 Director/ Managing Director, Africa Risk Management Limited, Nairobi, Kenya.

Normal duties as a Director/Managing Director including risk management and survey

work Trainee Loss Adjuster with McLarens Toplis International Loss Adjusters, Nairobi,

Kenya.

August 1994- General Manager, Kenya Fire Surveyors Limited, Nairobi, Kenya.

October 1995

Normal duties as a General Manager, including risk management and fire survey work.

April 1977 –

July 1994 Ethiopian Insurance Corporation, Ethiopia.

Various capacities up to the level of Risk Management and

Survey Department Head.

Major duties as Head of Department were:

Carry out large and complex pre-accident and post-loss surveys in engineering,

fire, marine and motor;

Ensure the proper survey of statutory plant like boilers and other industrial

facilities, safety installations, and all other aspects of a risk, and give risk

improvement recommendations;

Ensure the existence of a high standard of risk management and survey

capabilities in the insurance industry and through contact with outside competent

authorities;

Ensure the existence of clear and up to date guidelines for risk management,

inspection, and survey in all classes of insurance business;

Follow up and communicate developments in the areas of risk and loss

minimization and safety improvements through communication with appropriate

local and international institutions.

EDUCATION and TRAINING

2019 Resident Producer Casualty, Life & Property License,

Colorado Division of Insurance;

2019 Adjuster All-Lines Designated Texas;

1983-2005 Various training in engineering plant inspection, advanced engineering insurance,

project management, managerial effectiveness, reinsurance theory and practice.

2001 Fellow of the Chartered Insurance Institute (U.K).

Obtained waiver of CPCU 530, 540, and 560 examinations. (AICPCU)

1999 Associate Member of the Institute of Loss Adjusters (S.A).

1999 Member of the Chartered Institute of Arbitrators (U.K)

1999 Member of the Chartered Institute of Fire Engineers (U.K).

1998 Associate Member of the Institute of Fire Engineers (U.K).

1997 Associate of the Chartered Institute of Arbitrators (U.K).

1995 Associate Member of the Institute of Fire Safety (U.K.)

1990 Associate of the Chartered Insurance Institute (U.K)

1982 Graduated from Addis Ababa University Ethiopia, with B.Sc. in

Mechanical Engineering.

OTHER EXPERIENCE

1997 – 2007 Resource person, on Africa wide insurance and reinsurance seminars organized by Association of Kenya Insurers / African Reinsurance Corporation.

2005 – 2006 Committee member of the Association of Kenya Insurers, for assessment and

rating of major fire& engineering risks in the Kenya insurance market.

1995 – 2003 Part-time lecturer at the College of Insurance, Nairobi, Kenya.

1993Member of the Regulation Drafting Committee for Licensing and Supervision of Insurance Business in Ethiopia.

1989 – 1994 Part-time lecturer on insurance courses at Ethiopian Institute of Banking and Insurance, Addis Ababa, Ethiopia.

1989Committee member for drafting “Industrial Safety Standards” in Ethiopia.

SKILLS

Computer: Word, Excel, Office, and Power Point;

Strong analytical and problem-solving skills;

Ability to work under stressful conditions;

Fast in decision making;

Very conscious in time management;

Adaptable to different situations;

Ability to lead in organizations & community services;

Fluent in English.

REFERENCES

Available upon request.



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