Actuarial Consultant - UHG Trend Analytics Team - Remote

UnitedHealth Group•Eden Prairie, MN

20h•Remote

About The Position

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. The Actuarial Consultant will be a vital contributor to the UHG Trend Analytics team, focused on supporting Optum Health with medical expense reporting, analytics and forecasting. This role is responsible for developing and executing quarterly medical expense reporting and forecasting processes that enhance consistency, transparency, and collaboration across UnitedHealth Group. The ideal candidate will have at least 4 years of actuarial experience, solid analytical skills, and a keen interest in driving best-in-class trend methodologies. 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. The Actuarial Consultant in this role will work with detailed healthcare claims data to build and maintain actuarial models to support medical expense reporting and forecasting. You’ll be part of a driven and focused team that is accountable for constantly improving business results. You will serve as a trusted subject matter expert, called on to incorporate traditional expertise into novel, cutting-edge actuarial/analytic solutions. 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.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field
On the Associate of the Society of Actuaries (ASA) credential track having passed 3 or more Actuarial exams
4+ years of actuarial experience
4+ years of experience analyzing large claim data sets
Familiarity with standard actuarial trend methods
Proficiency in Excel (including extensive experience with VBA)
Proficiency in SAS and SQL

Nice To Haves

4+ years of experience in healthcare or managed care environments
2+ years of experience in Healthcare Consulting
Experience with medical expense forecasting or financial reporting in a payer/provider environment
Proven solid written and verbal communication skills; ability to present findings effectively
Lives in Eden Prairie, MN

Responsibilities

Develop and run quarterly medical expense reporting and/or forecasting processes using standardized actuarial trend methods
Support ongoing enhancements to reporting and forecast accuracy, transparency, and consistency across the enterprise
Analyze large healthcare datasets to identify cost trends, variances, and emerging patterns
Collaborate with cross-functional teams - including finance, operations, and other analytics groups - to ensure alignment in medical expense drivers and against forecast expectations
Prepare and communicate clear and concise reports and presentations for business stakeholders
Contribute to process improvements and automation initiatives
Support ad-hoc analytic requests related to medical cost trend analysis
Apply creative problem-solving and critical thinking to complex challenges with accountability and precision