Accounting Manager – Optum Health Regulatory Eden Prairie, MN – Hybrid

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. 

As an Accounting Manager within OptumHealth Regulatory Accounting and Reporting, you will be responsible for managing the preparation and review of financial statements, including balance sheets, income statements, changes in capital and surplus, statements of cash flow, and supplemental financial exhibits pursuant to Statutory Accounting Principles or Knox Keene, which are based on Generally Accepted Accounting Principles (GAAP).  You will manage the quarterly and annual statutory filings, supplemental filings related to Health Care Reform, other state supplemental filings, and the annual audited financial statements for regulated entities.  You will review and approve journal entries in accordance with Statutory Accounting Principles and Medical Loss Ratio (MLR) requirements.  In this position, the work volume peaks in the first quarter, followed by a more predictable schedule thereafter.

Primary Responsibilities:

• Coordinate the external and internal audits of the regulated entities, oversee Department of Insurance inquiries, and provide support during examinations.  Audit coordinator responsibilities include approving audit documentation, issue resolution and time management
• Review and approve certain account reconciliations and prepared analytics
• Manage communications and board reports for regulated entity officers and directors
• Plan, coordinate and manage the work of others. Monitor compliance with key controls and standard accounting and reporting practices and procedures
• Liaison external audit inquiries between segments
• Lead ad-hoc projects and initiatives to develop and implement innovative approaches for continued improvement in efficiency and effectiveness
• Develop and engage personnel with direct and indirect reporting relationships through mentoring and coaching
• The ideal candidate will bring to the position solid upward communication, attention to detail, and the ability to organize and balance multiple work streams and individuals. This candidate will also be able to provide clear and concise direction to others, deliver accurate and quality results, implement consistent approaches, and apply professional skepticism

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 in Accounting or Finance

• 5+ years of accounting experience
• 1+ years Managerial/ supervisory experience
• Intermediate level of proficiency with Microsoft Excel, Word, and PowerPoint
• Proven ability to communicate in an effective manner
• Demonstrate the ability to prioritize and organize workload to meet multiple hard deadlines
• Proven ability to anticipate customer needs and proactively develop solutions to meet them

Preferred Qualifications:

• Public accounting experience
• Financial Statement preparation and/or audit experience
• Experience with Hyperion SmartView and PeopleSoft Financials
• Accounting experience handling regulated entities
• Healthcare industry experience

The salary range for this role is $89,800 to $176,700 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.

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.