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Assistant Manager Pricing Analytics

Transguard Workforce Solutions
Abu Dhabi, UAE
Full Time
Manager
2 weeks ago
Pricing AnalyticsData AnalysisStatistical AnalysisAdvanced AnalyticsInsuranceUnderwriting
Free

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Pricing AnalyticsData AnalysisStatistical Analysis
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Job Purpose

  • The job holder is responsible to assist the senior Manager and performs Pricing Analytics in identifying the underlying risk drivers of performance affecting the current and future profitability of our portfolios and to work closely with the Customer Segments to develop the appropriate book price po

Job Responsibilities

  • Assists Senior Manager in preparing the Department’s annual budgets in line with overall Services function’s budget and monitor financial performance versus the budget.
  • Assists senior managers in developing the implementation of efficient policies, processes, procedures, controls and guidelines for the Pricing Analytics department.
  • Performs Pricing analysis and maintains integrity of the pricing database and run the price reporting on weekly basis for the management.
  • Derives key insights and form appropriate pricing actions from the price reporting and works closely with the Pricing team members to actions these insights.
  • Runs appropriate deep dive data analysis to support Pricing decisions as required.
  • Performs data research and statistical analyses to solve problems.
  • Performs regular product matching /pricing adequacy across all supported product categories.
  • Supports initiatives to improve Price Competitiveness, Outlier processes and Smart Pricing opportunities.
  • Assists in identifying actions to drive price perception improvements across each Customer Universe.
  • Recommends solutions and enhancements to current insurance products.
  • Creates Prescriptive Analytics / Actionable intelligence capabilities for impactful decision making especially in areas like Price optimization.
  • Analyses and synthesizes both quantitative and qualitative data to develop compelling pricing strategy.

Skills

  • Minimum Bachelor’s Degree
  • Certificate in Insurance (CII), Associate in Risk Management (ARM), Associate or Diploma in Chartered Insurance Institute (Dip CII or ACII), Associate in Insurance Services (AIS), Associate in Commercial Underwriting (AU), Fellow Insurance Institute of India (FIII).
  • Requires 5 to 7 years of relevant experience
  • Full Professional Proficiency in English language

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