Pricing Analysis

• 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 pricing of new products and set the appropriate risk controls and contribution margins.
• Manage the automated and ad hoc reports (frequent users report, management information report) and ensure that they are in line with projected technical results.
• Provide the Relationship Team with customized reports that evaluate contracts past experience and attribution.
• Manage the monthly reports and provide updates of department KPI’s (retention rate, price increases…)
• Conduct simulations and reports to support management in setting the pricing strategy.
• Initiate automation and digitization pricing and reporting activities.
• Leverage technology solutions to further strengthen the pricing control environment.

• Quantitative analysis.
• Accounting, Finance, and exposure to Underwriting and/or Insurance Industry.