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Assistant Manager - Corporate Pricing

0.00 to 3.00 Years   Jeddah , Saudi Arabia   03 Feb, 2023
Bupa Arabia
1 Jobs Openings
Job LocationJeddah , Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryInsurance & TPA
Functional AreaNot Mentioned

Job Description

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.

Keyskills :

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