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Senior Officer - Pricing Analysis

Jeddah , Saudi Arabia Posted 2022/04/18 02:58:12 Ref: JB4506497

Job Description

  • 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.
  • 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.
  • 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.
  • 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 reports 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 managing skills

Education

Degree in Mathematics, Actuarial Science, Finance

Job Details

Job Location Jeddah , Saudi Arabia
Job Role Finance and Investment

Preferred Candidate

Career Level / Band Entry Level
Residence Location Jeddah , Saudi Arabia
Nationality Saudi Arabia
Minimum Degree Bachelor's degree

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