Actuarial Consultant - 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 with Optum's team directly improves health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. The culture is guided by inclusion, talented peers, comprehensive benefits and career development opportunities. As an Actuarial Consultant within Optum Health, you will lead actuarial efforts in data analysis, Excel modeling, and other actuarial analytics in support of monthly reserving and medical expense forecasting. This role offers the opportunity to lead special projects in coordination with other functional teams across the broader organization. The position offers flexibility to work remotely from anywhere within the U.S., though hires in the Minneapolis or Washington, D.C. area will be required to work in the office a minimum of four days per week.
Requirements
- 4+ years of actuarial experience
- Experience working with Medicare Advantage
- Expertise working with large tables of data, formulas, and calculations in MS Excel
Nice To Haves
- ASA Credential or greater
- Experience working in the finance-related field of the health care industry
- Basic or higher level of proficiency with SAS (Statistical Analysis System) and/or SQL (Structured Query Language)
- Reserving and/or forecasting experience
Responsibilities
- Serve as lead actuary on monthly reserving and quarterly medical expense forecast for Optum’s ISNP population
- Present actuarial results to finance, accounting, and healthcare economic leaders monthly
- Understand and interpret the key drivers of health care trends and reserving results; projecting expected medical expenses
- Develop reserving and forecasting methodologies and assumptions
- Conduct and evaluate studies on 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 costs data
- Analyze forecasts and trends to help leaders make decisions
Benefits
- a comprehensive benefits package
- incentive and recognition programs
- equity stock purchase
- 401k contribution
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
