This E&I Actuarial team is seeking a motivated and detail-oriented Entry-Level Actuarial Analyst to join our team, focusing on our medical Stop Loss product. This role offers an excellent opportunity for recent graduates or individuals with limited experience to start their actuarial career in a dynamic and supportive environment. The analyst will work closely with senior actuaries and other departments to analyze data, develop pricing models, and support the overall management of our Stop Loss product.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. The preferred locations for this position are Horsham, PA; Hartford, CT or Minnetonka, MN.
Primary Responsibilities:
- Work cross-functionally to assist business partners with technical and / or pricing questions
- Assist in updating underlying assumptions utilized in models
- Retrieve, process, and analyze data to generate initial insights and summaries
- Collaborate with senior actuaries to prepare and present actuarial reports and recommendations
- Develop an understanding of core actuarial concepts and their applications to tools and best practices
- Complete ad hoc actuarial analysis in a timely manner
In addition to learning about the stop loss business, this role gives individuals an opportunity to build their analytic skills (e.g., reviewing pricing trends / emerging experience, developing pricing studies), technical skills (e.g., Excel, SAS) and communication skills.
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 or equivalent work experience
- 2+ actuarial exams already passed
- 3+ months of professional work experience in actuarial or similar role using and analyzing data
- Intermediate or higher level of proficiency with Excel (formulas, calculations, charts, graphs)
- Willingness to enroll in UHC's Actuarial Leadership Development Program upon start
Preferred Qualifications:
- Experience working with R, VBA, SQL, and/or SAS
- Experience working with or knowledge of Stop Loss
- Healthcare industry experience
*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy.
The salary range for this role is $59,500 to $116,600 annually based on full-time employment. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers 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 UnitedHealth Group, you'll find a far-reaching choice of benefits and incentives.
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.
Working at
UnitedHealth Group
UnitedHealth Group is a leading healthcare company that is dedicated to improving the health and well-being of people around the world. With a vast network of businesses, UnitedHealth Group offers a comprehensive range of healthcare products and services. As an actuary at UnitedHealth Group, you'll be part of a dynamic team that plays a crucial role in managing risks and ensuring the financial stability of the company's healthcare offerings. Actuaries utilize advanced statistical models and data analysis techniques to evaluate risks, develop pricing strategies, and provide insights that drive evidence-based decision-making. UnitedHealth Group's commitment to innovation and technology-driven solutions creates exciting opportunities for actuaries. Collaborating with diverse teams, actuaries analyze complex healthcare data, identify trends, and develop innovative solutions that improve patient outcomes while managing costs. Professional growth is highly valued at UnitedHealth Group, and actuaries have access to ongoing training and development opportunities. Actuaries can enhance their skills, stay at the forefront of industry advancements, and contribute to the company's mission of making healthcare more accessible and affordable. Join UnitedHealth Group's esteemed actuarial team and embark on a rewarding career where you can make a meaningful impact on the health and well-being of individuals and communities. Enjoy competitive benefits, a supportive work environment, and the opportunity to shape the future of healthcare.