Role Purpose:
Executes the renewal pricing process and assist pricing managers in reviewing
and implementing the contractual terms.
Key Accountabilities:
1- Renewals Workflow;
* Prepare and check technical results of groups due for renewal on monthly basis.
* Identify major medical conditions of groups due for renewal and bring in notice to the pricing manager and medical underwriter.
* Supervise the preparation of quotations as per the price and product changes set by the pricing managers.
2- Pricing Analytics;
* Prepare pricing analysis and related Cognos reports.
3- New Product Development;
* Load the pricing of new products and set the appropriate risk controls and contribution margins.
4- Clients' Reports;
* Run the automated reports (frequent users report, management information report) and ensure that they are in line with the projected technical results.
* Assist pricing managers in preparing ad hoc reports and technical results for major clients.
5- Department reports;
* Assist in preparing the department periodical reports and maintain renewals and new business log sheets.
* Monitor loss ratios of major accounts using Cognos reports and report on underwriting contribution on monthly basis.
6- Automation & Digitization;
* Initiate automation and digitization pricing and reporting activities.
* Leverage technology solutions to further strengthen the pricing control environment.
Mathematic/Actuarial Science/Finance/Economics or any relevant business major
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