Life Insurance

C U R R I C U L U M V I T A E

P E R S O N A L D E T A I L S

Name: Hala Mounir Abdul-Haleem Abu-Ghazala

Date of birth: 06/07/1987

Marital status: single

Visa status: Article No. 18 (Transferable)

Nationality: Egyptian

Languages: English, Arabic ( Excellent)

CONTACT D E T A I L S :

Mobile: +965 – 60059208

E-mail :****.*.**********@*****.***

O B J E C T I V E

To obtain a challenging position in an organization where I can utilize and enhance my knowledge & skill with the sample opportunity for advance, works well both on own initiative and also a team member. My leading qualities thus providing an opportunity for learning as well As professional advancement. I would like to be a team member of a dynamic & reputed org.

A C A D E M I C E D U C A T I O N

Bachelor of Commerce English section ( Accounting Department ) in Cairo university.(Graduation year 2009)

High school : Moharram Islamic Language School in Cairo ( Graduation year 2005) E X P E R I E N C E /EM P L O Y M E N T

Kuwait Pritchard Company in accounting department .( in year 2009 ) for 3 months :

My Main work was related in making Monthly banks Reconciliation & its related journal Voucher.

Issuing Journal Voucher related in banks Transfers, salaries & employees vacations.

Following up prepaid expenses accounts submitted monthly.

Al Ahleia Insurance Company ( Since March 2010 till Present )

- Job responsibilities include the following: Eight Years Of Experience I am working as Insurance Officer,handle all Group Life Insurance Policies, Group life Underwriting, Renewing all the group life policies, issuing all the new additions & deletions for the staff of all companies, having the ability to make group life quotations, contacting difference reinsurance abroad to get the best net rate for our clients .

-During My Work Has been promoted in degree several times & promoted in position as Insurance Officer.

-Have worked for several sections group life, Medical, life creditors & reinsurance . W O R K R E S P O N S I B I L I T I E S U N D E R T A K E . A) Underwriting for group life :

Renewing group life policies which needs annually to be renewed based on the client request through studying claims experience for the scheme & renewing it with the same rates based on its experience or getting best quotes & rates abroad through reinsurers dealing with them.

Underwriting (everything related to underwriting till policy been approved & issue the policy & premium due & reinsured with reinsurance) .

Preparing all quotes required from different clients through studying its experience & studying the nature of the business & deciding which kind of class based on its risk & getting best quote for the client using pricing program or approaching different reinsurance abroad if the scheme is too risky.

Chasing best offers (net rates) from reinsurance which increase commission which represent the difference between gross rate & net rate to cover all administration expenses & get best profit margin.

Participated & worked in different kind of the important tenders like KPC, CAPITAL MARKET AUTHORITY, KPTC.

A)Preparing & calculating on quarterly basis pension salaries to be sent for beneficiaries (wife or husband of the policy holders) who has been working in KOC & has a life insurance policy with the insurance company & those policy holders made this policy to assure pension salary after their resignation to them & to their family after policy holder death .

B) Sending to the policy holder or the beneficiary every year declarations letters updating their data to make sure that they still alive so that I can send their pension amounts.

Preparing & calculating on quarterly basis reinsurance premiums (bordereaux) to be sent for them as per their percentage for each policy . (Reinsurance with its several stages).

Worked for Family income protection policy which has separate conditions & calculations & its is an Indemnity for Accidental Death of the Insured Person is payable to the Beneficiary on record, who shall be legal beneficiary designated in writing in the Application and on file with the Insurer. If no such designation is then effective, such indemnity is payable to the legal heirs/ estate of the Insured Person without any liability or responsibility on the part of the Insurer.

Claims (opening claim file - completing all requested documents of the claim - reinsurance approval - payment & reinsured with reinsurance) .

Preparing endorsements on contracts (addition –deletion – changes) which been asked from the client to do amendments on policy for their staff.

Following up profit sharing commission & including it in budget.

Following up payment collection from clients .

Preparing data for accounting reserve by actuarial expert .

Preparing reinsurance account for underwriting & claims .

Preparing accounts for outstanding claims .

Preparing & calculating on quarterly basis reinsurance premiums (bordereaux) to be sent for them as per their percentage for each policy . (Reinsurance with its several stages).

Worked for Family income protection policy which has separate conditions & calculations & its is an Indemnity for Accidental Death of the Insured Person is payable to the Beneficiary on record, who shall be legal beneficiary designated in writing in the Application and on file with the Insurer. If no such designation is then effective, such indemnity is payable to the legal heirs/ estate of the Insured Person without any liability or responsibility on the part of the Insurer.

Data Entry Operators. Ability to work under tight deadlines.

Excellent Documentation, Written and Verbal Skills.

Good inter personal communication. Motivated and Energetic & Good in public relation. Flexibility B-Life Insurance Creditors:

1-study (portfolio – loan period – minimum age – maximum age – free cover limit – type of loan) . 2-study if the loan will be insured ( TESM / RUMETLTER) 3-Study between new portfolio or existing portfolio & bank decide highest price . 4-Requesting development of portfolio for the next 3 to 5 years . C) Reinsurance for underwriting :

1) claims

2) Reinsurance for claims .

3) Following up with the bank for installments payment in agreed dates. 4) Preparing date requested by actuarial expert for actuarial reserve. 5) Preparing data requested by finance department for preparing budget . D) Medical Insurance :

1) Underwriting

2) Claims

3) Reinsurance

4) Preparing Reinsurance Accounts

5) Following up payments to hospitals & clinics inside medical network . 6) Following claims payment (cash)

7) Discussing with clinics & hospitals for rejected claims or the one must be paid . 8) Preparing outstanding claims

9) Preparing data requested by finance department to include it in budget . 10) Preparing data requested by actuarial expert for preparing actuarial reserve . Other Experiences :

1)planning & analyzing systems for IT department to design new program /system for the department that include :

-all tasks for Individual life insurance .

-all tasks for group life insurance

-all tasks for insurance for creditors

-all tasks for medical insurance

-Actuarial Expert Requirements.

-Finance department requirements from technical department . 2) Formulating & drafting Contracts .

3) Formulating & drafting group insurance ( saving & pension ) lifetime . Responsibilities :

1-responsible for all figures that usually send to Actuarial Expert for actuarial reserve. 2-responsible personally for reinsurance accounts for all contracts & all sections which I have been assigned to handle it .

3-responsible for negotiating reinsurance to get best offers & net rates for best profit margin for the department . 4-responsible for all computer systems in department & its development in order IT department could provide us with all new developed systems & needed by technical department which I manage it . 5-responsible for preparing any bidder for any contract & its competition with other insurances companies. T E C H N I C A L C E R T I F I C A T I O N T R A I N I N G A N D S K I L L

Educational Conference In Insurance :

1- Gulf Insurance Forum in Kuwait .

2-attending conference & forums about FATCA System . 3-Attending several forums about terrorism & money laundering & its relation with insurance & premiums payment & all suspicious about tis matter .

Educational Certificates :

1)Has attended & completed ( Introduction to insurance) training course with Bahrain Institute of banking & finance (BIBF ) at KUWAIT RE Company in Kuwait for the period 16/09/2018 till 20/09/2018 .

2)Studied Insurance Subjects for ACII CERTIFICATE

A)Award IN General insurance .

B) Healthcare insurance Products

3) Still studying & Getting credits to Complete my ACII CERTIFICATE 4)In October 2011 I have Participated in & Successfully Completed the Arig Life Insurance Workshop .

5)Good PC skills, attended & completed ICDL course in YAT learning center in Egypt (Microsoft Office, Word, Excel, Windows {latest versions}, Power Point ) . APTITUDE

Ability to assess improvement opportunities related to revenue, expense, customer expectations and employee development.

Quick learner, determined, energetic & self motivated .

Strong team player with the ability to lead .

Excellent interpersonal, communication and analytical skills .

Independent correspondent, positive towards learning new things .

Manage office work(filing, data entry, making database, email) .

Strong insurance skills, accounting skills & customer relation .

Proven analytical skills, excellent time management skills & effective organizational skills.

Dedicated to professionalism and highly motivated towards goal achievement .

Take pride in doing a good job and achieving positive results

Able to communicate effectively with all levels of management .

Excellent team worker, function well under pressure .

Strong presentational skills .

Skilled at handling multiple tasks & multiple customers .

A good decision.

Contact this candidate