Job Description
Key Objective
To develop and implement pricing strategies to optimise profitability and competitive positioning
Major duties and responsibilities
- Pricing Strategy Development: Develop and maintain pricing strategies for motor insurance products, considering factors such as market trends, competitive analysis, and regulatory requirements
- Pricing Analysis: Conduct detailed analysis of loss cost and statistical model to provide insights and determine appropriate pricing.
- Rate Filing: Prepare and submit rate filings to regulatory authorities, ensuring compliance with legal and regulatory requirements.
- Competitive Analysis: Monitor and analyse competitor pricing and market trends to identify opportunities for growth and make recommendations for adjustments to pricing strategies.
- Pricing System Implementation: Ensure pricing strategies are executed timely and accurately.
Performance Monitoring: Work along sid...