Director of Actuarial Services - Eden Prairie, MN or Remote

UnitedHealth Group•Eden Prairie, MN

1d•Hybrid

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 a 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 risk management and financial analysis for our Value-Based Care (VBC) business. 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 leads a growing actuarial team responsible for assessing and quantifying risk in risk‑based contracts across the provider organization, and for developing strategies and designing actuarial models 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. This position follows a hybrid schedule with four in-office days per week. Eden Prairie, MN preferred.

Requirements

ASA (Associate of the Society of Actuaries)
5+ years of actuarial experience with foundational literacy in healthcare analytics and modeling
3+ years of experience analyzing and manipulating large healthcare claim datasets
2+ years of experience managing actuarial analysts
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

FSA, or progress toward FSA (Associate/Fellowship of the Society of Actuaries) designation
3+ years of experience with any of the following: Government Programs, Medicare Advantage (MA) products, Medicare bids, and/or VBC modeling
Experienced presenting business insights and summaries to inform decisions to stakeholders
Proven ability to self-motivate, quickly learn new business concepts and take initiatives

Responsibilities

Lead the development and oversight of actuarial models and forecasts to support value-based Medicare Advantage, Commercial, and Medicaid risk arrangements
Develop and recommend actuarially sound financial terms to effectively manage risk in risk‑based arrangements
Analyze large, complex financial, claims, utilization, and cost data sets to assess performance, risk, and opportunities
Translate complex analytical findings into clear, actionable insights for operators, provider partners, finance leadership, and senior executives
Provide actuarial expertise and strategic recommendations to support contract negotiations, performance tracking, and risk management
Drive strategic initiatives, process improvements, and innovation through predictive modeling and creative problem solving
Partner cross-functionally to identify cost mitigation opportunities and support enterprise-wide initiatives
Oversee day-to-day execution of actuarial and analytic work, ensuring quality, efficiency, and alignment with business goals
Communicate effectively with technical and non-technical audiences through presentations, discussions, and written materials
Serve as a key resource for risk-taking provider organizations and physician groups
Manage, mentor, and develop a team of managers and analysts, including performance management, talent development, and succession planning