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 requirementsPricing 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 side with Act...