Corporate Pricing

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia Bupa Arabia Full time

Role Purpose:

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

Key Accountabilities:

1- 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.

2- 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:

  • 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.

4- 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 reports on underwriting contribution on monthly basis.

Skills:

  • Quantitive 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:

Bachelor's degree in accounting, finance, statistics, Actuary.

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