Actuarial Consultant ALDP - Minnetonka, MN

UnitedHealth Group•Minnetonka, MN
•$91,700 - $163,700•Onsite

About The Position

UnitedHealthcare is hiring an Actuarial Consultant in its Medicare & Retirement Finance business division. The role supports Medicare Advantage bids, pricing, and forecasting, translating complex data into insights for leaders and helping guide decisions that affect seniors’ care and coverage. The position follows an office-based schedule with at least four days per week in the Minnetonka, Minnesota office.

Requirements

  • Bachelor's degree or equivalent work experience.
  • Be on the actuarial exam track and have passed at least four actuarial exams.
  • At least 4 years of actuarial experience.

Nice To Haves

  • Associate of the Society of Actuaries or Fellow of the Society of Actuaries designation.
  • Experience working in the finance-related field of the health care industry.
  • Experience applying AI and large language models, such as ChatGPT or Claude, to solve complex business problems.
  • Basic or higher proficiency with SAS, SQL, Python, and/or Snowflake.

Responsibilities

  • Prepare Medicare Advantage bids submitted to CMS annually.
  • Conduct data analysis and prepare reports for Medicare Advantage submissions.
  • Understand and interpret key drivers of health care trends and project expected revenue and cost.
  • Develop pricing methodologies and assumptions.
  • Conduct and evaluate studies on pricing, utilization, and health care costs.
  • Perform mathematical analyses and actuarial modeling to provide management with statistical findings and conclusions.
  • Perform quantitative analysis of actuarial, financial, utilization, and cost data.
  • Analyze forecasts and trends to help leaders make decisions.

Benefits

  • Comprehensive benefits package, subject to eligibility requirements.
  • Incentive and recognition programs.
  • Equity stock purchase, subject to eligibility requirements.
  • 401(k) contribution, subject to eligibility requirements.
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