Pricing Administrator Job in Kenya

Job Description

The Job entails scheme pricing and issuance of quotations
to Business development team (BD), broker, Bancassurance and other
intermediaries. Timely review of scheme data/ performance and in line with the
pricing models provide competitive rates to ensure strong bid and retentions.
In addition, role require close collaboration with corporate underwriting team,
onboarding process, Renewal /retention and building relationship with
stakeholders i.e Intermediaries & Reassurers.

Tasks & Responsibilities

Ensure provision of timely and
accurate quotations to the BD team/brokers/clients.

Develop Pricing models and
continuously enhance the models &tools used for forecasting and risk
assessment to cope with the changing market trends & company needs.

Gather intelligence from the market on
pricing.


Be conversant with the regulatory
requirements and industry guidelines including Treaties, AML, Data protection
etc

Preparation of costing schedules for
group risk schemes based on data provided by the brokers or clients.

Assist in preparation of monthly
reports required by internal clients, finance, and actuarial team.

Ensuring adequate scheme reassurance
placement is done for all new business and renewal as per the treaty.

Providing quality customer service to
the company’s corporate clients.

Liaise with brokers and direct clients
and respond promptly to verbal, written and telephone enquiries on policy
benefits and operation.

Ensure proper records are kept on
onboarding of schemes (final quotes done and confirmation of benefit
structures).

Any added duties by the line
supervisor

Skills & Competencies

Good Excel skills

Computer literate

Good assessment and analytical skills

Knowledge of insurance market

Report writing and presentation skills

A good product knowledge

Knowledge

Product and process knowledge

Possess strong verbal and written
communication skills

Ability to work as part of a team

Proven analytical skill

Possess excellent arithmetic skills.

Self-starter who shows initiative and
can work under minimal supervision

Undergraduate Degree in Commerce
(Insurance Option), Actuarial Science or Business related.

Professional qualifications in
Insurance such as CII, COP, LOMA added advantage.

At least 3- 5 years’ experience in a
similar role.

How To Apply

Click Here To Apply

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