Tamheer - SME Pricing
Job Description
Assessing the underwrirting risks coming from exceptional requests such as additional benefits, additional providers, irregularity in enrollment.
Assessing the risk and determining the price increase for rejoining clients based on the medical history and performance.
Determining the rate impact of late renewals and back dated inceptions.
Ensure compliance with underwiriting guidelines and SAMA’s pricing report.
Review the monthly renewal report and ensure accuarte projections and price increases are applied before sending to sales team.
Ensure that Technical results are prepared and sent on time to the Relationship Managers to support them in renewing the contracts and achieving the required increase.
Reviewing the performance of the high lossing clients and cordinating with the Medical Underwriting function to declare the accurate LR after evaluating the history.
Responsible for the preparation of the monthly discount dashboards and for its circulation on time.
Prepares all regular and ad-hoc reporting and analytical requests.
Review on a regular basis the pricing processes and improve customer experience
Highlight any capacity and capability issue to the Retail Pricing management.
Supervise the pricing of new products and set the appropriate risk controls and contribution margins.
Create and update the pricing policies and guidelines for the Retail segment.
Ensure proper documentation and tracking of record keeping across the Pricing department.
Increase the team’s productivity by automating and digitizing pricing and reporting activities.
Leverage technology solutions to further strengthen the pricing control environment.
Skills
• Quantitative analysis.
• Accounting, Finance, and exposure to Underwriting and/or Insurance Industry.
Job Location Jeddah , Saudi Arabia Job Role Accounting/Banking/Finance
