إرفاق
وصف الوظيفة
ROLE PURPOSE:
To support the strategic pricing and underwriting activities for the SME portfolio, profitability, and operational efficiency. Supports performance monitoring, product development, automation
1- SME Pricing and underwriting:
• Execute SME pricing strategies and assist with rate analysis.
• Monitor pricing adequacy and loss trends.
• Assist in enhancing underwriting guidelines, performing audits, and supporting quality assurance reviews to maintain portfolio health.
• Continuously improve and maintain pricing models and tools, ensuring they are aligned with evolving market needs and regulatory requirements.
• Discuss, negotiate and explain quotations and technical results to Sales team to ensure complete understanding and agreement on final prices
2- Overall SME Performance monitoring:
• Track product performance metrics such as premium growth, loss ratios, retention, and new business conversion across various distribution channels.
• Perform variance analyses to identify drivers of performance gaps and communicate actionable insights to relevant stakeholders. Analyze customer behavior and trend shifts to proactively adjust pricing or underwriting strategies
3- New Product Development:
• Collaborate on design and pricing of new SME products.
• Help establish risk controls and contribution margin goals to ensure sustainability and competitiveness of new products
4- Documentation:
• Draft and regularly update pricing frameworks, underwriting guidelines, and operational procedures.
• Ensure proper documentation and record keeping across commercial finance
5- Automation & Digitization:
• Assist in transforming manual tools into digital platforms, improving accessibility, efficiency, and accuracy.
• Collaborate on the implementation of technology solutions such as pricing engines, workflow automation, or data visualization tools.
• Support testing, deployment, and user training for new digital tools
6- People Management
• Collaboration - Work cross-functionally with key teams including sales, finance, and IT to align on pricing and underwriting initiatives.
• Support knowledge sharing within the pricing team to build collective expertise and improve outcomes
المهارات
- Quantitative analysis.
- Accounting, Finance, and exposure to Financial Services markets.
- Data visualization
- BS / MS Mathematic/ Actuarial Science / Finance / Economics
تفاصيل الوظيفة
المرشح المفضل
Bupa Arabia
Bupa Arabia is a healthcare insurance company based in the Kingdom of Saudi Arabia. We are an associate business of Bupa Group, which is a global healthcare company with an international reach that extends across multiple business operations, practices, and resources.
Founded in October 1997, Bupa Arabia was initially established through a partnership between Bupa Global International and Nazer Group, with the key focus to provide health insurance services with high quality and competitive prices, while ensuring a distinctive experience for customers. Bupa Arabia has since evolved into a fully Saudi-owned and operated company. Our transformation from a joint venture into a publicly traded company on the Saudi Stock Exchange occurred in 2008, as we made 40% of our shares available to the public during our Initial Public Offering (IPO).
As a subsidiary of the global Bupa Group, we draw upon international expertise while maintaining a profound understanding of local healthcare requirements and regulations. This allows us to offer comprehensive healthcare insurance solutions tailored to the unique needs of the Saudi Arabian market.
Bupa Arabia prides itself on its commitment to the wellbeing and development of its employees, providing them with the same standard of care, support, and professionalism that it expects to be delivered to its customers.
Our core values shape every aspect of our work and culture:
Commit – Own it with accountability and urgency.
Collaborate – Win together through cross-functional synergy.
Care – Put people first, both employees and customers.