To present personal data, educational qualifications and experience related to General Insurance, Reinsurance and Oil and Gas Insurance.
Overview
32
32
years of professional experience
1
1
years of post-secondary education
1
1
Certification
Work History
SH, Insurance, Tax&Fixed Assey
Petro-Energy Operating Co.
Khartoum , Sudan
08.2017 - Current
Same job didcribtion and responsibilities of Petrodar Operating Co. in addition to Tax and Asset responsibilities.
Insurance operations specialist
Staroil Operating Co
Khartoum , Sudan
08.2012 - 07.2017
Same job didcribtion and responsibilities of (PDOC) Petrodar Operating Co.
Insurance Specialist
Petrodar Operating Company (PDOC)
Khartoum , Sudan
08.2007 - 06.2012
Company Overview: The Company is a Consortium of five partners, China National Petroleum Company (China), Althani (UAE), Sinopec (China), Petronas (Malaysia), and Sudapet (Sudan)
The partners entered into an agreement with the Government of Sudan for Oil production and Export, and set up a company with the name of Petrodar Operating Company
PDOC is consigned to operate blocks 3 & 7
The Company is therefore a multi-national company and operates in such a way that each partner seconded expatriates staff from the Mother Company; it is a true multi-national joint venture
All works, contacts and communications in English Language
The company actually started commercial production on June 2006 in a bulk of 200,000 barrels of oil per day
Identification of risk exposures for the company (Discovering them by looking at the past frequency & severity of their perils i.e
Arrange Insurance pre-risk survey by inviting professional ins
Surveyors (in case of astronomic or complicated projects) in addition to normal insurance survey which we do on yearly basis
Prepare and design insurance budget (Includes various procedures) collection of information from concerned Dept
Assess the company need for Insurance coverage
Handles procedures for processing of Renewal of insurance policies (various procedures) (Energy, Motor, Tactful, Personal Accidents) for the Company
Includes drafting letters to pursue quotations from local and international insurance companies and Brokers, preparing and participating in setting up invitations to tender for new policies, comparing the terms of various offers and recommending acceptance of best offer for review by supervisor and further processing for approval and participating in negotiations with insurance companies regarding terms, rates and conditions
Receive underwriting & claims reports from insurance companies, analyse them and calculate average cost and burning cost as good indicators for evaluation of our business risk whether good or bad, which help us to request premium reduction during the renewal time namely in the case of contract extension
Assess the Level of risk exposures
Immediate loss notification to the insurance companies
Technical follow up for claims with Ins
Company including office and maintenance workshop on daily basis and Control loss by applying the different procedures to ensure that loss is minimized and compliance with the ITB terms & conditions
Prepare and issue the payment for insurance debit notes, dispatch and trace them, send the cheque to ins
Co, which we arrange on monthly basis
Discuss and negotiate terms, conditions and rates with the International Insurance Broker
Arrange and carry out meetings with local lead Co-insurer for policy issuance in local Market for the best way of local Market participation and development of Sudanese Energy Insurance Market as well as negotiation of the fronting costs
The Company is a Consortium of five partners, China National Petroleum Company (China), Althani (UAE), Sinopec (China), Petronas (Malaysia), and Sudapet (Sudan)
The partners entered into an agreement with the Government of Sudan for Oil production and Export, and set up a company with the name of Petrodar Operating Company
PDOC is consigned to operate blocks 3 & 7
The Company is therefore a multi-national company and operates in such a way that each partner seconded expatriates staff from the Mother Company; it is a true multi-national joint venture
All works, contacts and communications in English Language
The company actually started commercial production on June 2006 in a bulk of 200,000 barrels of oil per day
Underwriting Manager, Medical Insurance Dept.
Sheikan Insurance & Reinsurance Company
01.2003 - 01.2007
Company Overview: The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
The major clients used to underwrite insurance in Sheikan are eg
Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
Prepare and design plans of different coverage
Design software programme of underwriting
Process marketing by many methods i.e
Presentation & orientation
Evaluate different types of treaties both inward, outward and home treaties
Increased volume of business (more than 50 companies)
Introduce new coverage and promote the existing
Design software reports, loss ratio, burning cost and alike
Prepare and issue medical contract from technical viewpoint
Issue various medical coverage eg
Optical, dental and maternity
The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
The major clients used to underwrite insurance in Sheikan are eg
Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
Section Head, Non Motor Claims Dept.
Sheikan Insurance & Reinsurance Company
01.1998 - 01.2002
Company Overview: The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
The major clients used to underwrite insurance in Sheikan are eg
Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
Survey small and medium claims and approve for settlement
Contact and invite International Risks Surveyors and Loss adjusters for sizable losses using terms and conditions of insurance treaties agreed and then recommend accordingly
Discuss and negotiate claims with Insureds applying all claims clauses
Approve claims according to the workability
The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
The major clients used to underwrite insurance in Sheikan are eg
Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
Investment Dept.
Sheikan Insurance & Reinsurance Company
01.1996 - 01.1997
Company Overview: The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
The major clients used to underwrite insurance in Sheikan are eg
Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
Prepare and design investment plan
Handle and execute investment transactions like Murabha, Musharaka, Mudaraba
Follow up the implementation of investment transaction and guarantees
The Company is the Government Company, which carry out Insurance business by using various insurance coverage to protect government properties as well as private sector activities
The major clients used to underwrite insurance in Sheikan are eg
Sheikan also reinsure locally on facultative basis with local insurance companies, and to the international market on treaties basis
The company is a member of African Reinsurance Pool as well as being a member of FAIR and PTA reinsurance pools
The company provides those pools with a stable result, in fact Sudanese Insurance Market is one of the very rare markets in which companies generate underwriting profit from their Insurance operations, this is partially due to the good nature of portfolio of business underwritten
Investment Section
Faisal Islamic Bank
01.1993 - 01.1995
Having experience of the following: Investment section, both commercial and project, Current account, Saving account, Investment account
Education
B Sc. - Economics and political science
University of Khartoum
Sudan
02.1991
Skills
Computer knowledge
Microsoft Word
Microsoft Excel
PowerPoint
Microsoft Outlook
Certification
CII Member, Chartered Insurance Institute British
Personal Information
Investment Training, Faisal Islamic Bank Training Centre, 07/14/93 - 07/23/93, 02/16/94 - 02/24/94
Insurance Principles, Higher Institute for Banking & Financial Studies, 05/15/99 - 05/27/99
Marine Insurance, Higher Institute for Banking & Financial Studies, 05/29/99 - 06/08/99
Properties Insurance, Higher Institute for Banking & Financial Studies, 06/10/99 - 06/24/99
Motor & Personal Accidents, Higher Institute for Banking & Financial Studies, 06/26/99 - 07/08/99
Aviation Insurance, Higher Institute for Banking & Financial Studies, 07/10/99 - 07/15/99
Life Insurance, Higher Institute for Banking & Financial Studies, 07/17/99 - 07/22/99
Fire Insurance, Sheikan Insurance Centre, 10/05/97 - 10/16/97
Reinsurance Seminar, Kenya Re & J.B Boda, 04/24/01 - 04/26/01
Technical Aspects of Marine Insurance, Arab Academy, 11/03/01 - 11/07/01
Health Insurance, Arab Academy for Banking and Financial Sciences, 04/14/04 - 04/18/04
Medical Insurance System, Eskadenia Software Solutions, 06/29/03 - 07/07/03
2nd Asian Conference on Takaful Insurance, 03/26/07 - 03/27/07
Energy Insurance & Risk Management Training Course, JLT Academy, 06/29/09 - 07/10/09
3rd Asian Life Insurance Summit, 05/06/10 - 05/07/10
11th Conference on Bancassurance & Alternative Distribution Channels, 05/04/10 - 05/05/10
Personal Information
Date of birth: 01/01/66
Marital status: Married with two kids
Languages
English
Upper intermediate
B2
Arabic
Upper intermediate
B2
Timeline
SH, Insurance, Tax&Fixed Assey
Petro-Energy Operating Co.
08.2017 - Current
Insurance operations specialist
Staroil Operating Co
08.2012 - 07.2017
Insurance Specialist
Petrodar Operating Company (PDOC)
08.2007 - 06.2012
Underwriting Manager, Medical Insurance Dept.
Sheikan Insurance & Reinsurance Company
01.2003 - 01.2007
Section Head, Non Motor Claims Dept.
Sheikan Insurance & Reinsurance Company
01.1998 - 01.2002
Investment Dept.
Sheikan Insurance & Reinsurance Company
01.1996 - 01.1997
Investment Section
Faisal Islamic Bank
01.1993 - 01.1995
B Sc. - Economics and political science
University of Khartoum
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