Senior Actuarial Analyst - Remote

Optum; Eden Prairie (MN); Remote; USD 73,000 - 130,000; Full time

Benefits offered by this job

Benefits package

Equity stock plan

401k plan

Job summary

Optum is a global health services company delivering care powered by technology. The Senior Actuarial Analyst will help with reserving and forecasting for Optum Care, focusing on monthly reserving and quarterly forecasting processes.

The ideal candidate has at least 2 years of actuarial experience, strong analytical skills, and a keen interest in health care. Remote work is available nationwide, with in-office days required in Minneapolis for local hires.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Finance or related field
• On the Actuarial exam track, having passed 2+ Actuarial exams
• 2+ years of Actuarial experience with focus on technical skill development
• Proficiency with Excel (including VBA)
• Proficiency with SQL (Structured Query Language)

Responsibilities

• Build and maintain actuarial models for reserving and forecasting
• Interpret key drivers of health care trends in models
• Perform mathematical analyses and actuarial modeling
• Analyze actuarial, financial, utilization and cost data
• Communicate results to internal stakeholders

Skills

Excel VBA

SQL

Actuarial exams

Bachelor's degree in Actuarial Science

2+ years actuarial experience

communication skills

Education

Bachelor's degree in Actuarial Science

Tools

Excel

Job description

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. Caring. Connecting. Growing together.

The Senior Actuarial Analyst will be a vital contributor to the Optum Health reserving and forecasting team, focused on supporting Optum Care monthly reserving and quarterly forecasting.

This role is responsible for developing and executing monthly reserving and quarterly forecasting processes that enhance consistency, transparency, and collaboration across Optum. The ideal candidate will have at least 2 years of actuarial experience, strong analytical skills, and a keen interest in the health care industry.

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

• Build and maintain actuarial models used for reserving and forecasting for Optum Care Medicare Advantage blocks of business
• Understand and interpret the key drivers of health care trends within reserving and forecasting modeling
• Perform mathematical analyses and actuarial modeling to provide management with statistical findings and conclusions
• Perform quantitative analysis of actuarial, financial, utilization and costs data
• Communicate the results of your work in a meaningful way to internal stakeholders

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 in Actuarial Science, Mathematics, Finance or related field
• On the Actuarial exam track, having passed 2 or more Actuarial exams
• 2+ years of Actuarial experience, with a focus on technical skill development
• Intermediate or higher level of proficiency with Excel (including experience with VBA)
• Intermediate or higher level of proficiency with SQL (Structured Query Language)

Preferred Qualifications

• Experience working in the finance-related field of the health care industry
• Proven solid written and verbal communication skills; ability to present findings effectively
• 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.

The salary for this role will range from $72,800 - $130,000 annually based on full-time employment.

We comply with all minimum wage laws as applicable.

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).

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.