Wassim Saad

Manage all corporate insurance portfolios, including product "All Risk," assets, logistics, dealers, expatriates, and local staff. Handle all insurance claims, ensuring full and timely recovery of all amounts from insurers with zero pending claims. Review, negotiate, and maintain insurance contracts and agreements, ensuring terms are compliant, optimized, and aligned with corporate risk management objectives.

Risk & Insurance Officer at Fouani Nigeria Limited (2025-07 – Present)

• Manage all corporate insurance portfolios, including product "All Risk," assets, logistics, dealers, expatriates, and local staff.
• Handle all insurance claims, ensuring full and timely recovery of all amounts from insurers with zero pending claims.
• Review, negotiate, and maintain insurance contracts and agreements, ensuring terms are compliant, optimized, and aligned with corporate risk management objectives.
• Exceptional accuracy, smooth transaction handling, and strong understanding of insurance processes, especially in managing high-value, sensitive claims.
• Maintain smooth coordination with internal departments, showrooms, and insurance providers
• Prepare, verify, and reconcile all insurance-related documentation, including premium reports, policy updates, and commission settlements, ensuring precise financial tracking and transparent reporting to management.

Inventory Control Analyst at Fouani Nigeria Limited (2021 – 2025)

• Oversee all daily operations of the plant from production and manufacturing to ensuring policies and procedures are followed.
• Ensured compliance with the bill of materials (BOM) by verifying actual input usage, analyzing variances, and resolving discrepancies impacting standard costs.
• Follow up daily/monthly indirect cost in the plant.
• Managed resources of the plant, including staffing, training, and development.
• Reviewing and analyzing Shell Gas contracts and getting experience in gas field.
• Responsible of the cash in the factory.
• Stocks reconciliation periodically and at year end, to ensure actual physical stocks are recorded in the system.
• Commit to plant safety procedures.
• High knowledge in planning, budgeting and forecasting (type of plans – strategic planning process that includes mission, vision, values and goals, adding to that external and internal analysis, strategy formulation and strategy implementation and other planning tools –all budgeting and forecasting concepts, advantages, what and how makes budget successful, budget development process and the relation between all, planning, budgeting and performance evaluation).
• High knowledge and professional skills in cost management.

CAMS - Certified Anti-Money Laundering Specialist – Association of Certified Anti-Money Laundering Specialists (2026)

Certified in Combating Trade-Based Financial Crime – American University of Beirut (AUB) (2025)

Bachelor of Science (BS) in Economics – Lebanese American University (LAU) (2017 – 2020)