Associate Director of Actuarial Services - Eden Prairie, MN or Remote

UnitedHealth Group•Eden Prairie, MN

15h•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. Is it time to raise your game? Are you ready to take on a more advanced role in tracking and effectively managing risk? As a member of our high-performance actuarial team, you'll help support UnitedHealth Group's growth and financial goals and while you help shape our future. As an Associate Director of Actuarial Services , you will be empowered, supported and encouraged to use your actuarial expertise as you build and maintain actuarial models to support financial analysis for our Value-Based Care (VBC) business. You'll find an accelerated actuarial development path to support you in your continuing post-graduate education and certification. The successful candidate will have a strong background in actuarial science, a technical skillset to take on complex VBC modeling and the curiosity and desire to become a thought leader in their areas. This position manages analysts responsible for assessing and quantifying risk in risk‑based contracts across the provider organization and developing and maintaining actuarial models used to support contract negotiations 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. Onsite in Eden Prairie, MN is preferred.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, or related field
5+ years of actuarial experience with foundational literacy in healthcare analytics and modeling
3+ years of experience analyzing and manipulating large healthcare claim datasets
Proficiency in Excel and SQL
Proven excellent problem-solving and communication skills, along with critical thinking skills to anticipate questions from key stakeholders and consider all aspects of a deliverable before completion

Nice To Haves

ASA/FSA, or progress toward ASA or FSA (Associate/Fellowship of the Society of Actuaries) designation
1+ years of experience with any of the following: Government Programs, Financial Reporting, Medicare Advantage (MA) products, Medicare bids, and/or VBC modeling
Experienced in mentoring and/or leading junior analysts
Experienced presenting business insights and summaries to inform decisions to stakeholders
Demonstrated ability to be self‑motivated, inquisitive, and quick to learn new business concepts, with a proactive approach to taking initiative

Responsibilities

Oversee, build and maintain actuarial models used for forecasting, negotiations, and tracking performance risks associated with value-based arrangements
Drive strategic insight into profitability by leading analysis and communication of key drivers, distinguishing impacts from business and regulatory changes versus revenue and medical trends
Analyze revenue/claim data from multiple sources and translate complex concepts in ways that can be understood by a variety of audiences including senior leaders
Serve as a key resource for risk-taking provider organizations and physician groups
Communicate results and provide recommendations to stakeholders on business performance and strategic actions
Contribute thought leadership, provide actuarial recommendations, and assist Finance leadership with Medicare Advantage, Commercial, and Medicaid risk contracting
Mentor, direct and review work of a team of 1-3 analysts
Effective project & time management; Flexibility in your work schedule
Participation in team problem solving; Contribution to team effectiveness
Inclusion into the UHG Actuarial Study Program, including company sponsored study hours and study materials