Associate Director of Actuarial Services, Part D - Remote

UnitedHealthcare; Minnetonka (MN); Hybrid; USD 113,000 - 193,000; Full time

Benefits offered by this job

Benefits package

Equity stock purchase

401k contribution

Job summary

UnitedHealthcare is seeking a senior actuary to design and oversee complex pricing models for Part D, analyze forecasts, and lead pricing analyses. The role blends actuarial science with business strategy to impact premiums and product proposals.

You will mentor actuarial staff, collaborate across teams, and work with SAS/SQL/Python as needed. Remote work is allowed nationwide with in-office presence in Minneapolis at least four days per week where required.

Qualifications

• Bachelor's degree in a quantitative field.
• 4+ actuarial exams passed.
• 5+ years actuarial/health care economics or similar experience.
• 2+ years mentoring Actuarial students / junior staff.
• Extensive knowledge of design and pricing concepts and methodologies in health care.
• Proficiency in SAS, SQL, Python or other programming language.

Responsibilities

• Provide design and oversight of complex actuarial models related to pricing and risk assumptions of Part D.
• Participate in the Part D bid submission process.
• Lead actuarial analysis to support pricing assumptions.
• Determine the impact of actions on premiums and product proposals.
• Develop pricing methodologies and assumptions.
• Analyze forecasts and trends.

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative discipline

Tools

SAS

SQL

Python

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 in making healthcare work better for everyone through people-led, responsible AI while 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.

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.

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
• Participate in the Part D bid submission process
• Lead actuarial analysis to support pricing assumptions
• Determine the impact of various actions on premiums and various product proposals
• Develop pricing methodologies and assumptions
• Analyze forecasts and trends

Required Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related quantitative discipline
• 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, SQL, Python, or other programming language

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
• Beginner or higher level of proficiency in Snowflake
• 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 help make the health system work better for everyone. Together, we are shaping the future of healthcare by harnessing technology and innovation to make care simpler to navigate, more affordable and more connected for the people we serve. We are committed to creating an inclusive workplace where everyone feels welcomed, valued, heard and respected, empowering people to bring their authentic selves to work and strengthening our collective impact through diverse talents, backgrounds, experiences and perspectives.

UnitedHealth Group and its affiliated brands are 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 and its affiliated brands are a drug-free workplace. Candidates are required to pass a drug test before beginning employment.