Associate Director of Actuarial Services, Part D - Minnetonka, MN

UnitedHealth Group; Minnetonka (MN); On-site; Confidential; Full time

Benefits offered by this job

Comprehensive benefits

Equity stock purchase

401k plan

Incentive programs

Job summary

UnitedHealth Group is seeking an experienced actuary to lead complex pricing and risk analysis for Part D, and to mentor a team of actuaries in a high-impact role based in Minnetonka, MN.

The role requires 5+ years of actuarial experience, an advanced track of exams, and proficiency in SAS/SQL. This position offers a comprehensive benefits package and a clear path for professional growth within a collaborative environment.

Qualifications

• Bachelor's degree required.
• 4 or more actuarial exams passed.
• 5+ years of actuarial/health care economics or similar experience.
• 2+ years mentoring Actuarial students / junior staff members.
• Extensive knowledge of design and pricing concepts and methodologies in health care.
• Basic or higher level of proficiency in SAS, SQL or other programming system.

Responsibilities

• Provide design and oversight of complex actuarial models related to pricing and risk assumptions for Part D.
• Lead actuarial efforts affecting new and existing business.
• Provide direction for competitive analysis development.
• Determine impact of actions on premiums and product proposals.
• Mentor and develop actuarial team members.
• Oversee development of actuarial pricing models.
• Develop pricing methodologies and assumptions.
• Analyze forecasts and trends.
• Assist with designing and analyzing new products.
• Identify and resolve technical, operational and organizational problems.

Skills

Mentoring

Pricing concepts

Forecasting

Education

Bachelor's degree

Tools

SAS

SQL

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 optimized. Ready to make a difference? Join us to start Caring. Connecting. Growing together

Are you ready to lead a team and analyze data and deliver bold, business-savvy solutions to help millions live healthier lives? UnitedHealth Group is where some of the most innovative ideas in health care are created every day.

This position follows an office-based schedule withat least four days per week in our Minnetonka, MN office.

Primary Responsibilities:

• Provide design and oversight of complex actuarial models specifically related to analyzing and implementing changes that impact pricing and risk assumptions of Part D
• Lead actuarial efforts that affect new and existing business
• Provide direction for the development of competitive analysis
• Determine the impact of various actions on premiums and various product proposals
• Mentor and develop your elite team of actuaries
• Oversee the development of actuarial pricing models
• Develop pricing methodologies and assumptions
• Analyze forecasts and trends
• Assist with designing and analyzing new products
• Identify and resolve technical, operational and organizational problems
  

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
• 4 or more actuarial exams passed
• 5+ years of actuarial/health care economics or similar experience
• 2+ years of experience mentoring Actuarial students / junior staff members
• Extensive knowledge of design and pricing concepts and methodologies in health care
• Basic or higher level of proficiency in SAS (Statistical Analysis System), SQL (Structure Query Language) or other programming system

Preferred Qualifications:

• ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation
• Experience in Medicare Advantage, PBM, and/or Part D pricing or forecasting
  

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy

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 $112,700 - $193,200 annually based on full-time employment. We comply with all minimum wage laws as applicable.

Application Deadline:

This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

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.