Associate Actuarial Director – Remote

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.

What’s your next step? How will you leverage the study, training, certifications, and your energy to help develop solutions to transform the health care industry? As an Associate Actuarial Director at UnitedHealth Group, you can do just that. You’ll lead complex actuarial projects that have strategic importance to our mission of helping people lead healthier lives and helping to make the health system work better for everyone. It’s an opportunity to help rewrite the future of UnitedHealth Group as you participate in the development of business strategy.

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:

• Oversee development of monthly reserve estimates and quarterly forecasts
• Lead actuarial analysts in developing data to support claims reserves and assumptions development
• Work in a cross-functional team with actuaries, accountants, and finance to ensure that financial results are produced correctly and on-time
• Communicate reserving and forecasting results to senior management and provide explanations for unexpected changes
• Assist with non-standard requests, ad hoc questions, and review of model outputs
• Analyze and interpret the key drivers of health care trends
• Design actuarial reports and analytics
• Perform mathematical analyses and actuarial modeling to provide management with statistical findings and conclusions
• Design and run complex data programs as you perform quantitative analysis of actuarial, financial, utilization and costs data
• Collaborate across Actuarial and HCE team and other departments at OptumHealth
• Serve as key resource on complex and/or critical issues
• Direct and review work of analysts in the department
• Communicate findings to leadership
   

You should be ready to demonstrate your master actuarial and leadership skills in a highly complex and matrixed health care environment. You will be challenged with becoming a trusted advisor and subject matter expert in your area of expertise while helping to drive business results.

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 plus actuarial exams passed
• 4+ years of professional Actuarial experience
• Experience working in the healthcare industry
• Experience collaborating across teams
• Advanced proficiency with MS Excel
• Proficiency with databases: SQL (Structured Query Language), SAS (Statistical Analysis System), or Microsoft Access

Preferred Qualifications:

• ASA (Associate of the Society of Actuaries)
• FSA (Fellow of the Society of Actuaries) designation
• 6+ years of actuarial experience
• Experience with calculating Claim Reserves, including Incurred But Not Reported (IBNR) liabilities
• Experience in Medicare Advantage
• Staff management experience
• Advanced proficiency with SAS (Statistical Analysis System) and/or SQL (Structured Query Language)
• Excellent communication and presentation skills

*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 $110,200 to $188,800 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.