Sr. Officer - Pricing

Role Purpose:

Supervise the renewal pricing process and assist pricing managers in reviewing and implementing the contractual terms.

Accountabilities:

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.

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.

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.

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.

Years of Experience 

• 0-3 years of experience

Skills Required

• Quantitive analysis
• Proficient in MS office package especially on Word and Excel.
• Have organization and time management skills

Bachelor's Degree in Actuary, MIS, Mathematics, Statistics