Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data, and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits, and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.
The Associate Director will lead the OptumRx Discount Reconciliation team in generating client discount reconciliations delivering timely and accurate contractual performance results. This role is responsible for leading the team which generates client guarantee reconciliations, interpreting client contracts and implementing those terms, maintaining reconciliation code, analyzing outcomes and providing insights, supporting client discount audits, and collaborating with other teams as needed. In addition, the leader will support the Network team in delivery of Network Margin performance and analytics.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.
Primary Responsibilities
Lead team which prepares client pricing reconciliations through contract interpretation, financial modeling, and data analysis in support of OptumRx's client pricing commitments for 3,000 + clients
Serve as critical interface with account management, contract management, pharmacy accounting, and legal teams in support of meeting client contractual pricing commitments and influencing change in future client contracts
Deliver timely client reconciliations based upon contractual turnaround times and requests submitted by account management
Prepare approval requests to Executive leaders with sufficient background and financial impact analysis with rapid response times needed
Identify opportunities to improve financial performance optimization through consistent and thorough trend analysis of contractual discount guarantee results
Manage current financial reporting process to ensure timely and accurate delivery of financial results to multiple business partners
Clearly communicate results, forecasted performance, and variances to budget, forecast, etc.
Produce clear, well-formatted reports that communicate a compelling message for their stakeholders (through reconciliations / Network Margin requests)
Support preparation for earnings release, investor conference, business planning etc. as well as various ad hoc requests and special projects
Support Client Audit teams in responding to audit inquires and request with ad-hoc analysis
Seeks out new opportunities for continuous improvement and efficiency
You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
5+ years of proven experience in data, analytics, operations, or financial modeling
2+ years of Leadership experience
2+ years of experience preparing financial presentations and commentary
Preferred Qualifications:
2+ years of experience in PBM
Experience using Microsoft PowerBI, Databrick, Tableau
Experience communicating complex thoughts in a clear, concise, and timely manner both in written and oral form
Proven solid analytics background and attention to detail
Proven solid written and verbal communication skills
Demonstrated ability to work in a matrixed organization and with cross-functional partners
Demonstrated ability to anticipate issues, assess implications and implement appropriate action plans
Demonstrated ability to lead conversations with executive team members to discuss performance results, promote engagement and drive results
*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy.
The salary range for this role is $106,800 to $194,200 annually based on full-time employment. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with UnitedHealth Group, you'll find a far-reaching choice of benefits and incentives.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.
UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.
