Corporate Pricing

Provide precise assessment of risk to support Relationship Team in achieving the highest retention rates for profitable business.
- Estimate the impact of product changes on the contract performance and revise premiums accordingly.
- Agree on final corporate renewal rates.
- Discuss, negotiate, and explain quotations and technical results to Relationship Team to ensure complete understanding and agreement on final prices and product changes.
- Revisit the benefits of high loss ratio accounts and recommend product changes and/or adequate price increases to enhance profitability.
- Evaluate the risk profile and set the adequate premiums using the pricing model and product specifications provided by the Account Managers.
- Follow the pricing policy guidelines to consider and approve additional benefits over and above the regulated CCHI policy.
- Coordinate with the corporate renewal pricing team to ensure accurate interpretation of results.
- Adjust periodically the pricing model and the loading factors according to the provider trends and their movements among the networks.
- Prepare related Cognos reports
- Manage the automated reports (frequent users report, management information report) and ensure that they are in line with the projected technical results.
- Provide and support Relationship Team with customized reports that evaluate contracts experience and attribution.
- Manage the monthly reports and provide updates of the department KPI’s (retention rate, price increases )
- Conduct simulations and reports to support management in setting the pricing strategy.
- Manage the payment flexibility terms for renewals and new business contracts.

**Skills**:

- Quantitative Analysis
- Mathematics, Statistics, Finance, Underwriting
- Arabic speaking preferably
- High English language proficiency and communication skills

**Education**:
Degree in Mathematics, Actuarial Science, Finance