Mohammed Fakhry Khalil
Jeddah,Saudi Arabia
Summary
Accomplished executive advisor with extensive expertise in governance support, corporate oversight, and risk management. Demonstrates proficiency in complex risk underwriting and AI-powered pricing strategies, enhancing decision-making accuracy and operational efficiency. Proven track record in reinsurance strategy and global market engagement, strengthening portfolio resilience and capital protection. Adept at driving business transformation through strategic initiatives and change management, fostering talent development and national capacity building. Committed to advancing enterprise strategy with a focus on profitability discipline and stakeholder engagement.
Overview
2026
2026
years of professional experience
2014
2014
years of post-secondary education
1
1
Certification
Work history
Internal Committees & Governance Roles
Wataniya Insurance Company
- Member, Product Development Committee – product governance, approvals, and alignment with market/regulatory requirements.
- Member, Steering Committee (Strategy & Transformation) – Contributed to the development of the company’s five-year strategy in collaboration with a leading global consultancy. Led major strategy-related initiatives and projects, and assumed responsibility for strategy implementation by overseeing transformation governance, prioritizing the strategic roadmap, and ensuring delivery across cross-functional stakeholders.
- Member, Credit Control Committee – receivables governance, credit risk oversight, and solvency-supporting actions.
Senior Head – Head of Corporate Placement & Performance Oversight (Underwriting / Reinsurance)
Wataniya Insurance Company
Jeddah, Saudi Arabia
2024.03 - 2026.01
- Worked directly with the CEO on the company's five-year strategic plan, governance of objectives/KPIs, and delivery roadmap (including growth ambition toward SAR 5bn GWP by 2027).
- Lead underwriting and reinsurance governance for high-value corporate and infrastructure risks, supporting capital protection and disciplined risk selection.
- Set and monitor performance oversight using KPIs and financial metrics to evaluate placement effectiveness, corporate excellence, and portfolio outcomes.
- Develop and govern AI-powered pricing capabilities, continuously updated to reflect market trends, improve technical precision, and optimize operational performance.
- Structure and manage treaty and facultative reinsurance placements and maintain strategic partnerships with leading global reinsures.
- Strengthen underwriting frameworks to align risk selection with profitability; contribute to reduced volatility and improved portfolio performance.
- Support national capability building through mentoring Saudi professionals and leading knowledge transfer initiatives.
Head of Corporate & Business Development
Wataniya Insurance Company
Jeddah, Saudi Arabia
2019.06 - 2024.03
- Led corporate growth strategy, credit control governance, and regional oversight across the Kingdom.
- Managed and developed the corporate premium portfolio (c. SAR 1.6bn), including portfolio analytics, market assessment, and strategic initiatives to expand value and improve sustainable returns.
- Led strategic reinsurance relationship management and supported treaty/facultative placements to enhance portfolio resilience.
- Built internal capability by designing training and mentoring programs for underwriting, risk engineering, and sales teams to strengthen technical discipline and compliance.
- Scope & Impact (Executive / Governance)
Education
Bachelor of Marketing -
Arabian University of Science & Technology
Jeddah, Saudi ArabiaSkills
- Executive Advisory & Governance Support
- Corporate Governance & Regulatory Oversight
- Executive Committee & Steering Governance Exposure
- Product Governance (Product Development Committee)
- Credit Risk & Receivables Governance (Credit Control Committee)
- Enterprise Risk Management (ISO 31000)
- Underwriting, Pricing & Portfolio Governance
- Reinsurance Strategy & Capital Protection
- Solvency, Liquidity & Credit Risk Oversight
- Performance Oversight (KPIs & Financial Metrics)
- Business Transformation & Change Management
- Digital Enablement (AI-Powered Pricing)
- Stakeholder, Regulator & Reinsurer Engagement
- Talent Development & National Capacity Building
SIGNATURE STRENGTHS (SPECIAL TALENT – PREMIUM RESIDENCY BASIS)
- Complex Risk & High-Value Underwriting: Strong track record underwriting complex, high-value risks across property, engineering, liability, life and financial lines, including national infrastructure and mega projects.
- AI-Powered Pricing & Data-Driven Decisions: Led the creation and continuous enhancement of advanced AI-driven pricing tools to improve risk assessment accuracy, reduce manual work, strengthen underwriting discipline, and enable data-led decision making.
- Reinsurance Strategy & Global Markets: Structured and managed treaty and facultative placements with leading global reinsurers, improving portfolio resilience, risk-transfer efficiency, and capital protection.
- Underwriting Governance & Profitability Discipline: Strengthened technical underwriting frameworks and aligned risk selection with profitability, reducing volatility and improving agility in changing market conditions.
- Enterprise Strategy & Transformation Delivery: Member of the Steering Committee that developed the company’s five-year strategy with a leading global consultancy; led major strategic initiatives and programs, and drove implementation through transformation governance, prioritization, and cross-functional delivery oversight.
- Talent Development & Knowledge Transfer: Actively mentors Saudi professionals and supports national capability building through structured coaching and knowledge transfer.
PREVIOUS EXECUTIVE & SENIOR MANAGEMENT EXPERIENCE
Regional Sales Manager / Branch Manager | 2017 – 2019
MetLife AIG ANB Cooperative Insurance – Saudi Arabia
- Regional P&L responsibility with full governance over sales, operations, and compliance.
- Represented the company with brokers, regulators, and major corporate clients.
- Built and led multi-disciplinary teams aligned with corporate governance standards.
Broker Relationship Manager | 2013 – 2017
AXA Cooperative Insurance – Saudi Arabia
- Managed strategic broker portfolios ensuring sustainable and profitable growth.
- Led renewal governance, cross-selling strategies, and risk-aligned portfolio expansion.
Key Account Manager | 2011 – 2013
Al Alamiya Insurance (RSA Group) – Saudi Arabia
- Managed major corporate accounts with focus on governance, retention, and profitability.
Banking Sector Experience – Saudi Arabia
Saudi British Bank (SABB) – Business Development Supervisor | 2008 – 2011
Samba Financial Group – Senior Sales Executive | 2007 – 2008
Certification
- Certificate Member – Chartered Insurance Institute (Cert CII) (Active)
- CII Level 3 Certificate in Insurance – Awarded February 2025
- CII – Insurance Underwriting Process (IF3) – February 2025
- CII – Insurance Claims Handling (WCE, Non-UK) – January 2024
- CPD (UK) Certified – Enterprise Risk Manager (ISO 31000:2018)
- Certified Business Development Professional (MEIRC)
- Insurance Foundations Professional Exam (IFCE) – The Financial Academy / Saudi Central Bank
- Insurance Foundation Certificate (IFC) – Institute of Banking
- Emotional Intelligence for Leaders – Executive Workshop (Wataniya)
- MBA Essentials – London School of Economics (LSE), GetSmarter (Registered / In Progress)
SELECTED RECOGNITIONS
Employer-Endorsed Special Talent (Executive Pathway) under the Saudi Premium Residency Program, based on advanced technical, strategic, and leadership contributions., Formal executive recommendation letters issued by Wataniya Insurance Company highlighting underwriting innovation, reinsurance leadership, and national talent development., Multiple Certificates of Appreciation from leading banking and insurance institutions.
GOVERNANCE & LEADERSHIP STYLE
- Independent, analytical, and commercially disciplined
- Strong ethical judgment and regulatory awareness
- Collaborative approach with boards, committees, and executive teams
- Long-term value creation mindset aligned with shareholder and stakeholder interests
References
References available upon request.
Timeline
Senior Head – Head of Corporate Placement & Performance Oversight (Underwriting / Reinsurance)
Wataniya Insurance Company
2024.03 - 2026.01
Head of Corporate & Business Development
Wataniya Insurance Company
2019.06 - 2024.03
Internal Committees & Governance Roles
Wataniya Insurance Company
Bachelor of Marketing -
Arabian University of Science & Technology