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Sr. Officer - Pricing - Jobs in Jeddah , Saudi Arabia

0.00 to 3.00 Years   Jeddah , Saudi Arabia   15 Oct, 2021
Bupa Arabia
1 Jobs Openings
Job LocationJeddah , Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryInsurance & TPA
Functional AreaNot Mentioned

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.

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