Actuarial Consultant - Remote

UnitedHealth Group • Eden Prairie, MN • 1h ago

Requisition number: 2356778

Job category: Actuarial

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.

As an Actuarial Consultant within Optum Health, you will lead actuarial efforts in data analysis, Excel modeling, and other actuarial analytics in support of monthly reserving and medical expense forecasting. You will have the opportunity to lead special projects in coordination with other functional teams across the broader organization.

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:

Serve as lead actuary on monthly reserving and quarterly medical expense forecast for Optum's ISNP population

Present actuarial results to finance, accounting, and healthcare economic leaders monthly

Understand and interpret the key drivers of health care trends and reserving results; projecting expected medical expenses

Develop reserving and forecasting methodologies and assumptions

Conduct and evaluate studies on utilization and health care costs

Perform mathematical analyses and actuarial modeling to provide management with statistical findings and conclusions

Perform quantitative analysis of actuarial, financial, utilization and costs data

Analyze forecasts and trends to help leaders make decisions

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:

4+ years of actuarial experience

Experience working with Medicare Advantage

Expertise working with large tables of data, formulas, and calculations in MS Excel

Preferred Qualifications:

ASA Credential or greater

Experience working in the finance-related field of the health care industry

Basic or higher level of proficiency with SAS (Statistical Analysis System) and/or SQL (Structured Query Language)

Reserving and/or forecasting experience

*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 $91,700 to $163,700 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.

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