Director, Actuarial Services – Remote

At UnitedHealthcare, we’re simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together.  

 

What’s your next step? How will you leverage your actuarial credential and your energy to help develop solutions to transform the health care industry? As a Director at UnitedHealth Group, you can do just that. You’ll be part of the Actuarial Pricing Analytics & Rating Solutions team that serves our Employer & Individual Markets.  You will 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. 

  

Primary Responsibilities: 

• Serve as UHC E&I primary actuarial expert on Mental Health Parity, guiding policy decisions that impact product design and pricing strategies. Primary focus on Mental Health Parity regulation, testing, compliance, and process improvement. 
  • Assumes responsibility for Mental Health Parity Tools including exposure evaluations and remediations, data integrity reviews and investigations.
  • Leads regulatory risk management efforts, proactively assesses compliance risks and implements solutions to mitigate potential legal and financial exposure. 
  • Leads risk assessments related to parity compliance, identifying key financial implications, makes strategic recommendations to mitigate potential liabilities. Establishes processes for audit readiness, ensures internal systems and reporting structures are optimized for state and federal reviews.
  • Shapes and executes enterprise-wide regulatory responses to ensure UHC’s business practices comply with Mental Health Parity laws. Develops regulatory expertise to assess and guide stakeholders on risks.
  • Provides guidance to leadership, ensuring parity compliance strategies are integrated into pricing, network design, and benefit structures.
  • Partners with actuarial, underwriting, legal, compliance, and product teams to align parity compliance initiatives with broader business objectives. 
  • Shape, construct, and communicate high quality and effective solutions to business partners that meet external and internal customer expectations and regulatory obligations.
• Additional responsibilities will include support of National Tools and periodic national studies. 
  • Establish and apply knowledge of National Tools and best practices to facilitate product implementation and regulatory requirements.
  • Provide expertise to support pricing and guidance to traditional or nontraditional product designs and/or pilot programs. 
  • Develop proficiencies with data systems, data processes, and data technology to support business needs.
• Solid ability in communicating complex concepts to non-actuarial audiences. Educate and instruct actuarial pricing and other business partners.
• Provides leadership support to direct reports; leader-serves to create an environment for team members to reach their best potential. 

 

The challenges here are significant. You’ll be part of an intensely driven and focused team that is accountable for constantly improving business results. You’ll be a trusted subject matter expert who’s called on to incorporate traditional actuarial expertise into novel, cutting edge actuarial solutions.

 

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 or equivalent work experience
• ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation. (If ASA, seeking a career ASA or ASA expecting FSA in within a year.)
• 5+ years of commercial group or individual actuarial pricing experience 
• Advanced proficiency in MS Excel
• Intermediate level of proficiency with VBA and Structured Query Language (SQL)
• Intermediate level level of experience coding in as Python, R or SAS

 

Preferred Qualifications

• Mental health parity product experience
• Commercial group or individual health rate development and pricing experience.
• Experience discussing complex or actuarial concepts to non-actuarial audiences
• Experience working in finance or the health care industry
• Beginner experience level with advanced analytic techniques, consistent with SoA Exam structure on predictive analytics
• Beginner experience level with database structure as well as the acquisition and preparation of data for actuarial modeling
• Beginner understanding of health insurance pricing, from the fundamentals of health claims (i.e., frequency, severity) to benefit plan pricing (e.g., value of member cost sharing) to expenses and how it all fits to establish a premium

 

*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy 

 

The salary range for this role is $124,500 to $239,400 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.