For over 30 years, APRIL International has specialised in providing innovative international health insurance solutions. We design, distribute, and manage insurance plans and assistance services for individuals and businesses worldwide. With teams operating across Asia, Europe, and the Americas, we are committed to ensuring that our members have access to the best care, wherever they are.
As part of the APRIL Group, an insurance specialist with 3,000 staff members in 20 countries, we are dedicated to simplifying insurance and delivering exceptional customer experiences.
We are seeking ahighly analytical and technically skilled Pricing Actuaryto manage the pricing and performance of standard products across Asia and the Middle East.
You will lead annual product revamps, collaborate with insurers, the product team, and internal stakeholders to ensure profitability and sustainability, and partner with the data team to build models, dashboards, and automation solutions for greater efficiency.
The role requires strong Excel modelling skills, a keen attention to detail, and the ability to document and communicate analysis and recommendations effectively.
Key Responsibilities and Activities:
Pricing and Product Performance
- Manage the pricing of standard products and conduct annual product revamps, analyzing demographic, premium, and claims data to review technical performance and recommend adjustments.
- Conduct scenario analysis and projections, incorporating medical inflation, claims trends, and market dynamics into pricing decisions.
Template Creation, Automation, and Data Collaboration
- Develop pricing models, Excel-based quote engines, and premium tables to support both internal and client-facing purposes.
- Develop product analysis templates and work closely with the data team to automate reporting and dashboards, reducing manual effort and improving consistency.
- Leverage data insights, risk & claims analysis, and benchmarks to inform pricing strategies and product decisions.
Documentation and Communication
- Prepare pricing documentation, analysis reports, and memos for internal and external stakeholders.
- Document processes, assumptions, and methodologies to ensure knowledge is retained and accessible across teams.
- Communicate analysis results clearly to cross-functional teams, including product, sales, operations, and management.
Insurer and Stakeholder Collaboration
- Lead discussions and negotiations with insurers on product pricing, plan design, and renewals.
- Work with sales, product, and operations teams to ensure pricing and product positioning meet commercial objectives.
- Provide actionable insights and recommendations to internal stakeholders to support business strategy and decision-making.
Market Research and Analysis
- Monitor and analyze market trends, competitor pricing, and healthcare cost drivers to proactively adjust pricing strategies and maintain competitiveness.
- Support strategic projects such as portfolio transfers, business opportunity reviews, and new product assessments.
Skills and Competencies:
- Minimum 5 years of experience in a pricing-focused, actuarial, or analytical role within insurance or reinsurance, ideally in international health insurance.
- Strong analytical and numerical skills, with excellent proficiency in Microsoft Excel (advanced formulas, pivot tables, scenario modelling).
- Hands-on experience developing pricing models and quote engines.
- Familiarity with data visualization and reporting tools (e.g., Qlik Sense) is a plus.
- Proactive approach to process improvement, automation, and standardization.
- Strong organizational skills and attention to detail.
- Excellent communication and negotiation skills to work with internal teams and external partners.
- Experience or interest in AI, machine learning, or predictive modeling is a plus.
Why Join Us
- Drive real impact: Your analysis and models directly shape product strategy, profitability, and the accessibility of healthcare for our members.
- Gain global exposure: Develop expertise across diverse markets in Asia and the Middle East, with opportunities to work on international products and strategic projects.
- Build the future of pricing: Develop and implement tools, dashboards, and automation to streamline processes and unlock insights.
- Grow with a purpose: Join a team that values curiosity, problem-solving, and a shared mission to simplify insurance.
- Diversity in action: We believe the best solutions come from diverse perspectives, bring yours to a team that thrives on collaboration and creativity!
About APRIL International Care
APRIL International Care is committed to fostering a diverse and inclusive workplace. We believe innovation thrives in an environment where different perspectives and ideas come together.
Join our global team and contribute to delivering sustainable, innovative, and high-quality international health insurance solutions!
