Senior Actuarial Analyst, ALDP - Remote - Minnetonka, MN Hybrid preferred

UnitedHealth Group•Minnetonka, MN

4d•$72,800 - $130,000•Hybrid

About The Position

This Senior Actuarial Analyst will be part of a team that oversees the Medicaid pricing process from beginning to end. Working cross-functionally with health plan market leadership, forecasting, medical economics, accounting, and many other teams across the organization as well as with external partners to ensure appropriate funding for our Community and State business. This role will be tasked with analyzing state rate files and information, trends, claims experience, and eligibility to identify and advocate for appropriate reimbursement for covering our members, utilizing a data-driven analytical approach. This role will require a technical approach to support pricing initiatives. 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. The preferred location for this position is the Minnetonka, MN office. Candidates who would work remote in the U.S. will also be considered.

Requirements

Bachelor’s Degree or equivalent years of experience in an actuarial or analytic role
Must be on the Actuarial exam track, having passed 2 or more Actuarial exams
2+ years of experience working in a corporate environment including experience collecting, analyzing and summarizing qualitative/quantitative data
Advanced or higher level of proficiency with Excel

Nice To Haves

Basic or higher level of proficiency with SAS, SQL and/or Snowflake
Proven excellent verbal and written communication skills
Proven analytical and critical thinking skills

Responsibilities

Evaluate and analyze Medicaid pricing files and processes for our Medicaid markets to optimize revenue within Community & State
Perform studies on pricing, utilization, and health care costs
Perform analytics to identify opportunities for revenue adjustments, including program changes, trends, and administrative costs
Support the execution of complex data programs to perform mathematical analyses and actuarial modeling
Analyze forecasts and trends and translate complex data in ways that can be understood by a variety of audiences
Perform competitive analysis and determine the impact on premiums and various product proposals
Support the development and implementation of new products
Support new and existing business, which may require working directly with state actuaries as well as other MCO and industry actuarial teams
Identify opportunities for process improvements and support implementing those process improvements
Update automated processes for the team