Associate Director, Actuarial Services

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.

At UnitedHealth Group, you'll join a culture of performance, collaboration, and opportunity-one that leverages cutting-edge technology to improve the lives of millions. Innovation here means making health care data available wherever and whenever it's needed-safely and reliably-to drive better outcomes and smarter health care spending.

As an Associate Director of Actuarial Services on the UHG Trend Analytics team, you will play a key role in forecasting medical expenses for the Exchange business, while also supporting broader forecasting efforts across other businesses (e.g., Student Resources, Level Funded) and enterprise-wide analytics. This role is responsible for contributing to the development of medical trend forecasts using standardized, best-in-class methodologies to ensure consistent and accurate cost forecasting across UnitedHealth Group. The ideal candidate will bring strong expertise in healthcare data analysis, collaboration, and at least 5 years of relevant actuarial experience.

Primary Responsibilities:

The Associate Director in this role will work with detailed health care claims data to support medical expense analytics and forecasting.  

• Lead the development of quarterly medical expense forecasting for the Exchange business
• Support forecasting and analytics across additional businesses (e.g., Student Resources, Level Funded) and cross-segment initiatives, as needed
• Design and implement analytic methods that promote consistency with enterprise-wide medical cost forecasting standards
• Collaborate closely with finance, operations, and other analytic teams to drive transparency and alignment in medical trend measurement and forecasts
• Present forecasts, insights, and key drivers to senior leadership
• Support continuous improvement by identifying opportunities to streamline, automate, and enhance existing processes
• Mentor junior analysts and contribute to team development
• Support ad hoc analyses related to medical expense trends and cross-business insights

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 Actuarial Science, Mathematics, Statistics, or related field
• Credentialed Actuary (FSA or ASA)
• 6+ years of healthcare actuarial experience with increasing leadership responsibility
• 2+ years of experience as a people and/or project manager
• Experience developing standard analytic methodologies
• Advanced proficiency with data tools such as Excel/SAS/SQL/Power BI
• Demonstrated expertise with healthcare claims data analysis
• Proven excellent written and verbal communication skills; able to present technical findings effectively

Preferred Qualifications:

• Experience in Healthcare Consulting
• Proven solid organizational skills; ability to manage multiple priorities in a matrixed organization
• Located where you can regularly commute to the Optum campus in Eden Prairie, MN

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 $112,700    to $193,200 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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