The Group Retiree Actuarial Pharmacy team supports all Employer Group Waiver Plan (EGWP) pharmacy pricing and any analytic work to ensure accurate and timely rates. This role would be responsible for assisting with pharmacy client pricing, running monthly reports, working with internal platforms to support the pricing season / updates, completing pricing studies, and other ad hoc requests. Given the material changes to Part D as defined by the Inflation Reduction Act, this role plays a critical role to support quality, on-time pricing and works closely with our business partners (e.g., underwriting).
This role will allow the individual to dive deeper and build their Part D pharmacy knowledge and support client pricing. This is a rapidly changing and dynamic business area which will allow the individual the opportunity to not only learn more about the pharmacy landscape but also gain an understanding of how changes impact clients / members along with the business. This role gives individuals an opportunity to build their analytic skills (e.g., reviewing pricing trends / emerging experience, developing pricing studies), technical skills (e.g., Excel, SAS) and communication skills.
Primary Responsibilities:
- Work closely with the Associate Director and other Analysts to prepare, review and complete pricing requests for EGWP Part D
- Support Part D pricing studies to inform rate development strategy, to include reviewing emerging plan experience and trends
- Assist Associate Directors with and complete ad hoc analyses using Excel, SAS, etc.
- Complete system updates to maintain the pharmacy pricing process
- Work cross-functionally to assist business partners with technical and / or pricing questions
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
- 2+ actuarial exams passed
- Willingness to enroll in UHC's Actuarial Leadership Development Program upon start
- Reside within a commutable distance of a UHC office
- Ability to work in a UHC office five days a week
Preferred Qualifications:
- Experience working with Excel, VBA, SQL and / or SAS
- Actuarial work experience
- Healthcare industry experience: Medicare experience is a plus
California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Maryland, Rhode Island, Washington, Washington, D.C. Residents Only: The salary range for this role is $58,300 to $114,300 annually. 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.
Working at
UnitedHealth Group
UnitedHealth Group is a leading healthcare company that is dedicated to improving the health and well-being of people around the world. With a vast network of businesses, UnitedHealth Group offers a comprehensive range of healthcare products and services. As an actuary at UnitedHealth Group, you'll be part of a dynamic team that plays a crucial role in managing risks and ensuring the financial stability of the company's healthcare offerings. Actuaries utilize advanced statistical models and data analysis techniques to evaluate risks, develop pricing strategies, and provide insights that drive evidence-based decision-making. UnitedHealth Group's commitment to innovation and technology-driven solutions creates exciting opportunities for actuaries. Collaborating with diverse teams, actuaries analyze complex healthcare data, identify trends, and develop innovative solutions that improve patient outcomes while managing costs. Professional growth is highly valued at UnitedHealth Group, and actuaries have access to ongoing training and development opportunities. Actuaries can enhance their skills, stay at the forefront of industry advancements, and contribute to the company's mission of making healthcare more accessible and affordable. Join UnitedHealth Group's esteemed actuarial team and embark on a rewarding career where you can make a meaningful impact on the health and well-being of individuals and communities. Enjoy competitive benefits, a supportive work environment, and the opportunity to shape the future of healthcare.