Job Description

Job Description

At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start  Caring. Connecting. Growing together.

We all know that there's a lot more to come in the changes sweeping through the health care industry. But if change is going to shape our world, it's comforting to know that we're shaping the change. As a Sr Actuarial Analyst ALDP, you will be part of UnitedHealth Group's elite actuarial team committed to changing health care through outstanding service, valuable products, measurable savings, and health care plans designed to fit members' lives, year after year. You'll find an accelerated actuarial development path to support you in your continuing post-graduate education and certification.

You should be ready to face several demanding, diverse, and complex challenges in the actuarial space. You will need a high level of creativity to solve complex actuarial problems while also developing your leadership and project management skills.

This position must work in the Minnetonka, MN office and will follow a hybrid schedule with at least four in-office days per week.

Primary Responsibilities:

• Prepare Medicare Advantage bids submitted to CMS annually
• Conduct data analysis and prepare reports for Medicare Advantage submissions
• Understand and interpret the key drivers of health care trends, projecting expected revenue and cost
• Assist with the development of pricing methodologies and assumptions
• Conduct and evaluate studies on pricing, 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

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.

Required Qualifications:

• Bachelor's degree
• On the Actuarial exam track, having passed 2 or more Actuarial exams
• 2+ years of Actuarial experience
• Intermediate or higher level of proficiency with Excel

Preferred Qualifications:

• 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)

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $71,200 to $127,200 annually based on full-time employment. We comply with all minimum wage laws as applicable.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.

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