Pricing and Data Analyst Specialist

About the job Walaa insurance Company is seeking a Pricing and Data Analyst Specialist.

Duties and Responsibilities

Develop SME pricing model with all related functions incl. regular pricing revision, performance monitoring, performance reporting etc.

Perform Motor portfolio analysis and produce regular performance reports and dashboards to support stakeholder decision-making like overall performance, policy level loss ratio, technical results, providers’ unit cost etc.

Perform all type of analysis (portfolio level) that covers highest utilized services, diseases, providers etc.

Help improving underwriting practice by introducing standard and efficient pricing procedures that will be used by underwriting team

Work closely with actuarial and underwriting team to support development and implementation of pricing tools for corporate business

Work to improve internal processes and systems based on the outcome of generated analysis and reports

Ensure capturing recent pricing methodologies adapted in Saudi market and support improving the pricing efficiency by exploring new pricing factors, new discounts elements etc.

Recommend initiatives to enhance profitability for all business lines of Motor.

Provide support in monitoring the performance of all distribution channels and report any irregularities arise

Skills Education

Bachelor Degree in Actuarial Science.

Midway to Associateship.

Experience

2-3 Years

Personal Attributes / Skills

Excellent quantitative, analytical, and problem-solving skills.

Superior to excellent communication, interpersonal and organizational skills

High degree of self-motivation and creative problem solving

Others

Knowledge of Microsoft Products (Excel, Access, VBA)

Knowledge of SQL / Python / R / Tableau, or desire to learn

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