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UnitedHealth Group

UnitedHealth Group

Director, Actuarial - Remote

Director, Actuarial - Remote

Job Details
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Uploaded On
April 20, 2024
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Location
Eden Prairie, United States
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Remote?
Yes
Company Overview
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Headquarters
Minnetonka, MN
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Number of Employees
330000
Estimated Number of Actuaries
396
Salary
$
122
k-$
235
k
Glassdoor Ratings
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Recommend to a Friend
70%
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Overall Score
3.7 / 5
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.

In joining the Optum Advisory Trend Analytics Consulting team: you'll be part of a team that is a leader in health care cost analytics, with a proven track record of supporting health plans across the country though a diverse staff of Actuaries, Data/Research Analysts, and Business/Technology Consultants. Our consulting team has continued to expand capabilities and our consulting presence by identifying, developing, and executing on new and exciting business opportunities.

As a member of our high-performing team, you'll help support Optum's growth and financial goals while you help shape our future. As an Actuarial Director, you will be empowered, supported, and encouraged to use your actuarial expertise as you perform financial analysis and build models that improve health plan competitiveness.

The Actuarial Director in this role will work with detailed health care pharmacy claims data to build and maintain actuarial models to support financial analysis and pharmaceutical drug strategy decisions. A successful candidate in this role will be able to apply technical skills to complex analyses to draw key insights that reflect an understanding of the overall consulting engagement; Effectively create visually appealing, client-ready, and insightful deliverables; Diagnose the root causes of modeling shortcomings and propose solutions on how to address and improve models; Successfully construct and communicate logical storylines and manage client questions in areas of content knowledge.

You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities:

Client Engagement Delivery Responsibilities:

  • Act as client lead on a day-to-day basis for delivery of large-scale and complex projects
  • Lead recurring meetings across finance, pharmacy, clinical, and actuarial client teams
  • Collaborate with key stakeholders to identify and develop business questions for analytic investigation (e.g., utilization analysis)
  • Develop and design complex data programs and forecast models, by utilizing applicable data/analytical tools to extract and analyze data (e.g., SAS, SQL, R, Python, Excel, Tableau, PowerBI)
  • Interpret, compile, and disseminate results of modeling analyses with appropriate conclusions and recommendations
  • Serve in an advisory role to clients on business strategy, operational effectiveness, and healthcare best practices
  • Provide strategic input to the development of the project roadmap and timelines
  • Create a team-oriented work climate that enables professional development and encourages creative solutions and strategies

Business Development / Leadership:

  • Manage a team of five Actuarial Consultants
  • Provide coaching and mentoring to junior consultants and analysts with the goal of developing and retaining talent within the organization
  • Support cross business collaboration with Optum actuarial and other consultants in the pursuit of new development opportunities
  • Complete financial analysis and develop client business case for proposed solutions
  • Support and actively participate in thought leadership for innovative solutions and expanding consulting engagements

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:

  • Actuarial Credential (ASA or FSA)
  • 8+ years of healthcare actuarial experience
  • 3+ years of experience presenting analytical findings
  • 3+ years of experience working with Pharmacy claims data

Preferred Qualifications:

  • 5+ years of experience working for a healthcare consulting practice
  • 5+ years of experience as a people and project manager
  • 3+ years of experience forecasting Pharmacy drug costs
  • 3+ years of experience working with Employer Group health insurance plan data
  • Advanced proficiency in Excel, SAS, PowerBI, and experience designing and running complex Actuarial analytics
  • Relocation to Minnesota

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy

California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, or Washington Residents Only: The salary range for this role is $122,100 to $234,700 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 employers 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
Apply Now

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.