Actuarial Consultant - 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.  

Join a high-impact team focused on affordability performance, financial accuracy, and identifying true incremental value. This role partners across Optum Care Delivery Organizations and the national Pharmacy team to support a growing rebate program with significant financial impact. The Actuarial Consultant will help evaluate rebate performance, measure year-over-year improvement, and ensure financial results are accurately reflected in forecasting and affordability reporting. Working closely with finance, accounting, operational, and pharmacy partners, this individual will drive analytical insights, enhance financial reporting and forecasting capabilities. This position is ideal for a detail-oriented professional who enjoys translating data into actionable insights and influencing business decisions.

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: 

• Lead the financial analysis and performance measurement of the rebate program, including monitoring actual results, forecast performance, and variances to plan and budget
• Develop and maintain actuarial models used to forecast, track, and evaluate affordability performance, risks, and opportunities
• Translate complex clinical and pharmacy initiatives into analytical frameworks that quantify incremental value and business impact
• Extract, analyze, and interpret claims and financial data from multiple sources to support strategic decision-making
• Assess performance drivers to distinguish the impact of underlying trends from operational initiatives and affordability actions
• Solid ability to partner with clinicians, pharmacists and operators on translating clinical concepts and interventions into a solid, financial model that can be measured appropriately
• Ability to critically evaluate proposed initiatives, challenge unsupported assumptions, and provide independent assessment of modeling approaches to ensure confidence in projected financial results
• Prepare clear financial reporting, insights, and recommendations that support forecasting, leadership decision-making, and affordability strategy
• Take ownership of complex modeling and financial performance issues from discovery and analysis through recommendation, implementation, and follow-up
• Communicate analytical findings and actionable insights effectively to business, finance, and operational stakeholders

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, Finance, Accounting, Economics, Business Administration, or a related field
• 3+ years of experience in corporate actuarial, finance, FP&A, financial analysis, accounting, or a related analytical role
• Experience building actuarial models in SQL (Structured Query Language), SAS (Statistical Analysis System) and/or VBA (Visual Basic for Applications)
• Advanced Excel skills (pivot tables, v-look up, formulas, and graphs in Excel)
• Experience conducting complex financial analysis involving claims, performance metrics, forecasts, trends, and variances
• Demonstrated analytical skills with solid attention to detail, accuracy, and data integrity
• Demonstrated ability to communicate financial information clearly to both finance and non-finance partners

Preferred Qualifications: 

• Associate of the Society of Actuaries designation
• Experience supporting pharmaceutical rebate programs
• Demonstrated ability to be self motivated, inquisitive, and quick to learn new business concepts, with a proactive approach to taking initiative
• Experienced with any of the following: Underwriting, Financial Reporting, Government Programs, Medicare Advantage (MA) products, Medicare Bids, and/or VBC modeling

*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 $91,700 - $163,700 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 help make the health system work better for everyone. Together, we are shaping the future of healthcare by harnessing technology and innovation to make care simpler to navigate, more affordable and more connected for the people we serve. We are committed to creating an inclusive workplace where everyone feels welcomed, valued, heard and respected, empowering people to bring their authentic selves to work and strengthening our collective impact through diverse talents, backgrounds, experiences and perspectives.

UnitedHealth Group and its affiliated brands are 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 and its affiliated brands are a drug-free workplace. Candidates are required to pass a drug test before beginning employment.