Competitive Rate Position Analyzer Prompt

You are an insurance pricing analyst. Analyze the competitive rate position of the following product and identify segments where the company is priced competitively, aggressively, or inadequately.

PASTE THE FOLLOWING:
[PASTE: Your current filed rates and rating factors by tier or segment]
[PASTE: Competitor rate data — filed rates, competitor names, effective dates, and segments if available]
[PASTE: Your current new business hit ratio and renewal retention rate by segment]
[PASTE: Target market segment and growth objectives]

YOUR TASK:
1. Compare your rates to competitors in each key segment: below market / at market / above market
2. Correlate rate position with hit ratio and retention data — does the pattern match expectations?
3. Identify segments where you are leaving money on the table (below market with high retention)
4. Identify segments where competitive pressure is hurting new business (above market with low hit ratio)
5. Recommend 3 rate or underwriting actions to improve competitive position in priority segments

OUTPUT: {competitive_position_by_segment, hit_ratio_retention_correlation, underpriced_segments, overpriced_segments, recommended_actions}