Sami Al Farouqi

Insurance Manager, AL Jornaih - Contracts
AutonotiueCornpany Special 2011'2013
Department.

. Worked directly with General Managet of AAC Special Contracts planning of this large, General Motors dealet in KSA
. Researched and wrote financial reports concerning insurance actions as addition/ deletion cost, premium quartedy payments, Claims collection.
. Played key role in collection $ 11200, 000as due claims ftom Insurance
companies.
. Improved monitoring system, controlling insutance coverage functions fot
various lease conttacts (S. Aramco, Petro Rabigh, Saudi Electric Co) as leases fleet, insurance values, claims, renewal procedures, and monthly
reporting againsl loss ratio monitoring.
Insutance Depatment SuptuisorrAl Jomaih Automotive Company 2W7
Easterv Prcaerce Deakrc bip.


. Held key responsibility against insurance coverag€ actions against lease
pro$am for corporate, and individuel ( more than 10r0ffi vehicles)
. Securing claims settlement
. Conducting the control over endotsements, debit notes, credit notes
calculation.
. Control the matching between IT and Account entries regarding insured
lease vehicles.

• More than 10 years’ successful experience in motor insurance as insurance manager of biggest GM dealer in the Middle East, AL Jomaih Automotive Company.
• Expert with policies analysis, apprising loss ratios, justification strength and weakness parameters for each policy.
• High ability to communicate with insurance providers, drag best offers, finest terms and conditions.
• Develop plan, conducts audit over reconciliation with insurance providers, operations wise and accounting wise.
• Managerial level reporting, efficient productivity assessment.
• Team work leader secures effective communications channels with all relevant business functions.

Companl, Saudi Aramco Operationt. 2003
Claims Office4AL Jonaib Aatomotiae

. Receiving afi fualdling claims relating to S. Aramco lease contracts.
. Appointing loss adiusters fotensic investigators.
. Decide on the settlement of claims.

. Review loss adiuster's reports.

. Responsible against recovery collecting ftom third party if, sutatrce
companies.

fntetesting
. Healtly, intellectual life.
. Reading (social, cultue history, noveQ.
. Writing and translation.