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 inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.
Optum is a global leader in transforming healthcare through innovative technology and data-driven solutions, helping millions of people live healthier, happier lives. By joining our team, you'll have the opportunity to directly impact health outcomes across communities, advance health equity worldwide, and contribute to a purpose-driven organization committed to improving healthcare for all.
As an Actuarial Director within Optum's Advisory - Forecasting & Insights team, you will be instrumental in advancing healthcare analytics and developing data-driven strategies that improve health outcomes. You will collaborate with cross-functional teams to drive innovation, solve complex challenges, and deliver actionable insights for our clients.
This role is responsible for leading forecasting alongside the actuarial leader for the Optum Behavioral Health business across Commercial, Medicare, and Medicaid channels using standardized and best-in-class trend methodologies to ensure consistent and accurate cost reporting that meets the UHG Trend Analytics team best practices. The ideal candidate will bring expertise in healthcare data analysis, forecasting, and reporting. In addition, they will be required to have strong collaboration skills, be a credentialed actuary, have an executive presence and the ability to lead a team.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Primary Responsibilities:
The Actuarial Director in this role will work with detailed health care claims data to build and maintain models to support financial analysis; Address business challenges through analytical modeling; Apply their technical skills to complex analyses to draw key insights that reflect an understanding of the overall consulting engagement; Effectively create visually appealing, client-ready, and accurate deliverables; Successfully construct logical storylines and manage client questions in areas of content knowledge. Additional responsibilities include:
Client Engagement Delivery Responsibilities:
Lead behavioral health forecasting initiatives and trend modeling
Act as client lead on a day-to-day basis for delivery of large-scale and complex projects
Lead meetings and present analytic findings to actuarial and non-actuarial stakeholders
Lead cross business analytics (Commercial, Medicare, & Medicaid), developing consistent and appropriate modeling
Collaborate with key stakeholders to identify and develop areas for analytical development and exploration
Develop, conduct, and evaluate studies to measure savings of health care affordability initiatives
Design and execute detailed data programs and models using various data and analytical tools (e.g., R, Python, Excel, SAS, SQL) to extract and analyze data
Interpret, compile, and disseminate results of modeling analyses with appropriate conclusions and recommendations
Serve in an advisory role to clients on business strategy, operational effectiveness, and analytic best practices
Provide strategic input to the development of the project roadmap and timelines
Create a team-oriented work climate that enables professional development and encourages creative solutions and strategies
Business Development / Leadership:
Manage the day-to-day operations for a team of actuarial and business analysts
Provide coaching and mentoring to junior consultants and analysts with the goal of developing and retaining talent within the organization
Support cross business collaboration with Optum actuarial and other consultants in the pursuit of new development opportunities
Complete financial analysis and develop client business case for proposed solutions
Support and actively participate in thought leadership for innovative solutions across trend analytics
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:
Bachelor's degree obtained from an accredited university
Actuarial Credential (ASA or FSA)
10+ years of experience in a healthcare actuarial role
10+ years of experience in designing and executing complex data programs, including data extraction and analysis using R, Python, SQL, SAS
10+ years of experience acquiring, manipulating, and working with large heterogeneous datasets (claim and non-claim based) and using them to solve business problems
5+ years of experience creating efficient and scalable models and developing data storage and architecture solutions
5+ years of experience as a person and project manager
5+ years of experience leading meetings and presenting data insights to executive audience
Preferred Qualifications:
5+ years of experience working for a healthcare consulting practice
Proven ability to execute in a highly matrixed organization with competing priorities
Demonstrated expertise in claims forecasting, trend analysis, and model development
Local to Eden Prairie, MN or relocation to Minnesota
*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy.
Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer 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 us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $134,600 to $230,800 annually based on full-time employment. We comply with all minimum wage laws as applicable.
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.
