Pricing Analysis
Skills
About This Role
Role Purpose
Supervise the renewal pricing process and assist pricing managers in reviewing and implementing the contractual terms.
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-Contract Implementation
- Check and verify contractual terms of initial quotations and highlight any changes in members’ data, benefits or rates.
- Approve and implement contracts below 500 members on CRM (sage) in adherence with approved rates and terms set by pricing managers.
3-Clients’ Reports
- Provide monthly reports on pricing performance to the Executive Team
- 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.
- 4-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.
Skills
- Quantitative analysis
- Fluent in English (written and oral), Arabic is an advantage
- Proficient in MS office package especially on Word and Excel.
- Have organization and time management skills
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