Serving virtually every dimension of the health system, we work with a diverse set of clients across 150 countries - from those who diagnose and treat patients to those who pay for care, deliver health services, and those who supply the cures. Optum maintains operations across North America, South America, Europe, Asia Pacific and the Middle East. Our innovative partnerships provide technology and tools that enable unprecedented collaboration and efficiency. As a result, we can tap into valuable health care data to uncover insights and develop strategies for better care at lower costs.
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. At Optum, the actuarial consulting leader in health care innovation, your performance, your ideas and your innovative thinking will help us improve the lives of millions.
As an Actuarial Consultant, you will join an elite team committed to changing health care through outstanding service and valuable products. You will perform mathematical analyses and actuarial modeling to identify statistical findings and conclusions. If you want to be challenged by working on complex and diverse analytical projects, this is the opportunity for you.
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:
The analyst in this role will work with detailed claims data to build and maintain analytical models to support financial analysis; Help to identify root causes and proposing solutions on how to solve issues; Apply their technical skills to complex analyses to draw key insights that reflect an understanding of the overall consulting engagement; Effectively create visually appealing, client-ready, and accurate deliverables; Successfully construct logical storylines and manage client questions in areas of content knowledge.
- Extract, analyze, aggregate, and interpret data
- Perform quantitative analysis of pharmacy claims utilization and cost data
- Design, build, and maintain actuarial financial forecasting models
- Participate in client relationships and communications
- Prepare information for clients, build reports, and assist with project scheduling and coordination of tasks
- Develop, review, and analyze detailed data sets leveraged for client reporting/analytics
- Execute creative problem solving and critical thinking on the job
- Take accountability for work within a fast paced, exciting environment
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 obtained from an accredited university
- Passed 2 or more Actuarial Exams
- 1+ years of Actuarial experience
- Experience working with formulas, calculations, charts, graphs in MS Excel
- Proven ability to quickly learn and use computer software tools effectively
- Proven ability to complete new analyses by determining necessary steps without detailed instruction
Preferred Qualifications:
- Experience working in either SAS, SQL, Python, Power BI
- Actuarial experience and/or exposure in dealing with health care claims experience and/or pharmacy claims experience (i.e. understanding of costs, expected claims, diagnosis codes, procedure codes, pharmacy terminology)
- Experience working in a consultancy or healthcare field
- Demonstrated ability to communicate effectively, including written and verbal forms of communication
- Proven analytical, organizational, and critical thinking skills
- Flexibility to manage changing priorities/requirements/deadlines
- Located in (or willing to relocate to) Minnesota and able to work out of the Optum Eden Prairie, MN office
*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 $71,200 to $127,200 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.
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.