Director Actuarial Services – Minnetonka, MN Hybrid or 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.

 

As Director Actuarial Services within UHC Finance, you will oversee complex actuarial projects that have strategic importance to our mission of helping people lead healthier lives and to help the health system work better for everyone.  It’s an opportunity to help rewrite the future of our company and health care itself.

 

Your leadership skills will be put to the test in this role.  Not only will you be leading an intensely driven and focused team, but you will be overseeing large projects and managing complex work streams too.  Senior management will be turning to you as a trusted subject matter expert to drive business results and provide actuarial direction to support accurate medical cost reporting.

 

If you are located in Minnetonka, MN, you will have the flexibility to work remotely*, as well as work in the office as you take on some tough challenges. If you are located outside of Minnetonka, MN, you will enjoy the flexibility to work remotely* from anywhere within the U.S.

 

Primary Responsibilities:

• Develop reserves (e.g. IBNR, PDR, etc.) for Medicaid, Medicare, or DSNP products
• Conduct analyses to assess the impact of operational changes on reserving
• Execute creative problem solving and critical thinking
• Develop actuarial reserving models
• Develop and deploy predictive data models on large data sets
• Design and support ad-hoc analytics where needed
• Support preparation of Health Annual Statement (Orange Blank) actuarial certifications
• Provide audit and regulatory support
• Mentor and develop actuarial staff and help them create unique solutions to complex problems
• Communicate highly complex concepts in ways that can be understood by a variety of audiences
• Work with partners in Healthcare Economics to understand and interpret key drivers of reserves

 

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
• 4+ actuarial exams passed
• 5+ years of actuarial experience
• Experience successfully executing and meeting deadlines
• Willingness to work during the monthly close cycle

 

Preferred Qualifications: 

• ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation, or Fellowship in other actuarial organizations
• Experience in actuarial financial reporting
• Experience in the health/managed care industry
• Experience in reserving
• Actuarial experience in Medicare or Medicaid products
• Proven basic to intermediate level of proficiency with SAS (Statistical Analysis System) or Python

 

*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.  

 

 

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.     

 

UnitedHealth Group is a drug – free workplace. Candidates are required to pass a drug test before beginning employment.