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Jeddah , Saudi Arabia
Posted 2021/10/14 07:26:26
Expires 2021-12-13
Ref: JB4439863
Job Description
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.
Skills
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
Education
Bachelor's Degree in Actuary, MIS, Mathematics, Statistics
Job Details
Job Location
Jeddah , Saudi Arabia
Job Role
Accounting/Banking/Finance
Preferred Candidate
Career Level / Band
Entry Level
Years of Experience
Min: 0 Max: 3
Minimum Degree
Bachelor's degree