A&H Underwriter-Pricing

Department: A&H

Position Summary:

We are seeking a highly skilled and experienced Pricing Underwriter to join our dynamic team. The successful candidate will be responsible for pricing accident and health products, ensuring profitability and competitiveness in the market. Additionally, the role involves maintaining and strengthening relationships with brokers, cedants, and other key stakeholders to drive business growth and customer satisfaction.

Key Responsibilities:

• Pricing and Product Development:

oDevelop and maintain pricing models for A&H insurance products, ensuring they are competitive, profitable, and aligned with market conditions.

oReview and assess underwriting guidelines, policy wordings, ensuring they align with pricing strategies and risk appetite.

oSupport the development of new products and enhancements to existing offerings.

• Stakeholder Management:

• Build and maintain strong relationships with brokers, cedants, and other key stakeholders to understand their needs and ensure our products are well-positioned in the market.

• Provide technical support and guidance to brokers and clients on product offerings, pricing queries, and policy terms.

• Risk Management & Profitability:

• Monitor and analyze the performance of A&H portfolios, ensuring the risk levels are appropriately managed and pricing is adjusted when necessary.

• Ensure underwriting decisions and pricing align with the companys overall risk strategy and profitability goals.

• Market Analysis:

• Conduct regular market analysis to stay ahead of trends in the A&H sector, identifying opportunities for pricing adjustments or product innovation.

• Track competitor pricing and market dynamics to ensure the companys offerings remain competitive.

• Reporting & Compliance:

• Prepare detailed reports on pricing performance, underwriting outcomes, and market trends for senior management.

• Ensure compliance with regulatory requirements and company policies in all pricing and underwriting activities.

Required Skills & Qualifications:

• Experience:

• Minimum of 5 years of experience in underwriting and pricing Accident & Health products.

• Proven track record of managing relationships with brokers, cedants, and key industry players.

• Education:

• Bachelors degree in Insurance, Finance, Actuarial Science, or related field.

• Professional certifications in underwriting or actuarial science (e.g., ACII, CPCU, etc.) are a plus.

• Skills:

• Strong analytical skills with the ability to interpret complex data and make informed pricing decisions.

• Excellent communication and interpersonal skills to effectively build relationships and collaborate with internal and external stakeholders.

• In-depth knowledge of the Accident & Health insurance market and product trends.

• Ability to work independently and as part of a team in a fast-paced environment.

• Personal Attributes:

• Must be a team player.

• Strong attention to detail and organizational skills.

• Proactive and results-oriented with the ability to think critically and strategically.

• Client-focused with a high level of professionalism and integrity.