Tim Festraets Email & Phone Number

Brussels, Be

Brussels, Brussels Region, Belgium

In charge of a team of 9 people including a data miner and an audit office. Responsible for all audits concerning Belfius Insurance and its subsidiaries. Follow-up of investigations cases (for example fraud) together with the Belfius Bank Experts.

Brussels Area, Belgium

In charge of the renewal of the entire non-life software suite by replacing it with a platform solutionwhile at the same time improving the underwriting and claims processes

Brussels Area, Belgium

Leading insurance projects and processes into the digital domain

Brussels

By improving the company’s efficiency, cutting costs and introducing new business processes I change the way the company operates and transform it to deal with digitalization and the new business environment of the Belgium insurance market.Achievements: * Realising significant cost reductions in the domains: Facilities & Logistics, Document Management, Finance, Risk and IT Developed skills and competences:* Analysis of business processes and in depth understanding of business costs* Working together with external consultants (Corporate Value Associates) under time pressure* Drafting to the point and understandable slide decks for C-level meetings * Convincing and working together with business managers to improve efficiency

Brussels

Responsible for the national and international reward policies including case managementFollow-up of the payroll processes and projectsChallenging and defending the HR budget Follow-up SLA HR Service Center (located within Belfius Bank)Transversal & companywide processes: procurement process, logistics & facilities and business continuity

Brussels Area, Belgium

Hierarchically responsible for the HR Competence Centers: Reward, Processes & Tools / Recruitment / Learning & Development / Specolo / Compart (internal insurance officeChallenging and defending the HR budget Responsible for the national and international reward policies including case managementFollow-up of the payroll processes and projects

Brussels Area, Belgium

Hierarchically responsible for a team of six peopleDrawing up, defending and explaining the HR budget Responsible for the internal insurance agencyMember of the Steering Committee Strategy Responsible for the national and international reward policiesFollow-up of the payroll processes and projects

Brussels Area, Belgium

My activities are focussed on financial analyses, the budget cycle and the challenging of the different business services. Together with my executive manager I am in charge of the preparation and follow-up of the Strategic Framework. On a ad-hoc basis I also write business cases in order to improve the business processes and stimulate innovative concepts. These activities are handled in close cooperation with the departments: Accounting & Reporting, Risk, Asset & Liability Management and Balance Sheet Management.

Brussels Area, Belgium

I handled the complete compensation and benefits process (policies as well as individual reward cases) in all its components (national as well as international) in line with corporate governance directives. The policies on reward were implemented with respect for social law as with fiscal optimisation in mind and this within a fast changing banking and insurance environment due to the financial crisis.

Brussels Area, Belgium

I implemented HR processes and projects situated in the domains of function classification, home and tele working, labour relations, mobility, age conscious HR, compliance and social law. These projects were implemented in cooperation with labour unions and senior management. I was also responsible for all social law advise and fiscal law matters related to HR specific business questions.

Brussels Area, Belgium

I performed applied economic research aimed at mapping the Belgian aviation industry on the basis of a thorough market analysis as member of the research group MOSI (Mathematics, Operational research, Statistics and Information systems in management).

Leuven, Belgium

I improved the rate of employment by the promotion of sustainable mobility policies in companies within the context of the “Employment agreement 2003 - 2004” decided between the Flemish government and the Flemish social partners. It concerned a temporary project with three successive prolongations. I was also responsible for writing the business case for an educational mobility center during which I attracted national as well as international investors as well as realised the start up of an mobility project in the Brussels Airport Region.

Genk, Belgium

I was responsible for the handling and analysis of payroll files as well as the declaration of social security, direct taxes and sectoral funds. I learned how an organisation works and more specific all the different components involved in the operational processes of a social secretariat.

Certificate, Ifrs 17

Growth Accelerator Program

La Nouvelle Loi Bancaire

Certificate Leadership For Middle Management

Certificate, Advanced Valuation Programme

Value Creation Imperative Valuation Concepts Historical Analysis Forecasting Cash Flow Forecasting Continuing Value Cost of Capital.

Strategic Workshops By Prof. Dr. Kurt Verweire

Certificate, Actuarial Techniques Life And Non-Life

Bank Management

Postgraduate, Corporate Finance

Following topics were addressed: 1. Capital budgeting 2. Financial statements analysis 3. Management accounting 4. Consolidation 5. Risk.

Postgraduate, Compensation & Benefits Management

Module 1: Strategic rewards management Module 2: Rewarding: the context Module 3: Reward processes and procedures Module 4: Reward.

Master Of Arts, Social Law

Thesis master of arts social law: “Occupational pensions and the European internal market” Following courses were followed: 1. Special.

Postgraduate, Human Resources Management

Graduated with distinction on the 28th of June 2005 Centre for Post University Studies (CPS) European Management School EHSAL (HUB.

Distinction, Applied Economics

Graduated on the 4th of July 2003 with distinction Thesis master applied economics: "Stating explicitly the knowledge of different actors.