Senior Actuarial Analyst - Remote

UnitedHealth Group•Eden Prairie, MN

3d•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 a Senior Actuarial Analyst, 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 solid 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. 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. You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Finance or related field
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
Expertise working with formulas, calculations, charts, graphs in MS Excel
Proven ability to self-motivate, quickly learn new business concepts and take initiatives

Nice To Haves

Experience working in finance or the health care industry
Experience building Actuarial models in SQL (Structured Query Language), SAS (Statistical Analysis System) and/or VBA (Visual Basic for Applications)
Experienced with any of the following: Underwriting, Government Programs, Medicare Advantage (MA) products, CMS ACO/Alternative Payment Models, and/or VBC modeling

Responsibilities

Build and maintain actuarial models used for forecasting and tracking performance risks associated with Medicare value-based arrangements (ex. MSSP, REACH, LEAD, etc.)
Extract, analyze, and aggregate revenue/claim data from multiple sources and interpret quantitative data to review and guide the strategy of value-based arrangements
Perform data mining and analysis that impacts foundational pricing and risk assumptions
Extract and compile payer specific utilization data to support value-based care negotiations
Assist in the preparation of annual revenue and claim forecasts and summary exhibits to determine value of the contracts
Communicate the results of your work in a meaningful way to internal stakeholders.
Mentor junior analyst(s) on the team
Effective project & time management; Flexibility in your work schedule and remote/hybrid structure
Participation in team problem solving; Contribution to team effectiveness
Inclusion into the UHG Actuarial Study Program, including company sponsored study hours and study materials