Actuarial Consultant - Remote

UnitedHealth Group•Minnetonka, MN

4d•$91,700 - $163,700•Remote

About The Position

Optum is seeking an Actuarial Consultant to support a growing rebate program with significant financial impact. The role focuses on affordability performance, financial accuracy, identifying incremental value, evaluating rebate performance, measuring year-over-year improvement, and ensuring results are accurately reflected in forecasting and affordability reporting. The consultant works with Optum Care Delivery Organizations and the national Pharmacy team, as well as finance, accounting, operational, and pharmacy partners, to generate analytical insights and improve financial reporting and forecasting capabilities. The position is remote within the United States. Employees hired in the Minneapolis or Washington, D.C. area must work in the office at least four days per week. Remote employees must follow UnitedHealth Group’s Telecommuter Policy. The annual salary range is $91,700–$163,700, based on full-time employment and relevant factors including location, education, experience, and certifications.

Requirements

Bachelor’s degree in Actuarial Science, Finance, Accounting, Economics, Business Administration, or a related field.
At least 3 years of experience in corporate actuarial, finance, FP&A, financial analysis, accounting, or a related analytical role.
Experience building actuarial models in SQL, SAS, and/or VBA.
Advanced Excel skills, including pivot tables, lookups, formulas, and graphs.
Experience conducting complex financial analysis involving claims, performance metrics, forecasts, trends, and variances.
Demonstrated analytical skills and attention to detail, accuracy, and data integrity.
Ability to communicate financial information clearly to finance and non-finance partners.

Nice To Haves

Associate of the Society of Actuaries designation.
Experience supporting pharmaceutical rebate programs.
Self-motivated, inquisitive, quick to learn business concepts, and proactive in taking initiative.
Experience with underwriting, financial reporting, government programs, Medicare Advantage products, Medicare bids, and/or VBC modeling.

Responsibilities

Lead 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 to forecast, track, and evaluate affordability performance, risks, and opportunities.
Translate 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 decisions.
Assess performance drivers to distinguish underlying trends from operational initiatives and affordability actions.
Partner with clinicians, pharmacists, and operators to translate clinical concepts and interventions into measurable financial models.
Evaluate proposed initiatives, challenge unsupported assumptions, and independently assess modeling approaches to support confidence in projected results.
Prepare financial reporting, insights, and recommendations for forecasting, leadership decisions, and affordability strategy.
Own complex modeling and financial performance issues from discovery and analysis through recommendation, implementation, and follow-up.
Communicate analytical findings and actionable insights to business, finance, and operational stakeholders.