Responsibility Key Result Area (KRA) : Product development/Product pricing
Market analysis of products :
1. Comparative features, gap analysis,
2. Comparative pricing with market and existing products
Development of products :
1. Policy wordings, U& F documents, prospectus
Pricing of products :
1. Pricing assumptions, desk top analysis, creating calculators
2. Discussion with the sales/distribution channels
Preparing technical notes :
1. Preparation of the technical notes
2. Discussion of the premium rating logic with underwriters
3. Addressing the queries from the regulator within timelines.
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