The Director Actuarial Consulting is in the Optum Advisory and Implementations business unit under the Government Programs Actuarial (GPA) consulting practice. The GPA practice focuses on providing actuarial consulting services to Medicare and Medicaid payers. This actuarial consulting practice competes with other traditional actuarial consulting organizations in the industry. The GPA practice primarily works with non-United Health Group payer entities and focuses on creating top-tier actuarial solutions for its customers. Since this job is a consultative role, work responsibilities will vary based on customer needs.
GPA is seeking an experienced actuarial expert who can leverage their industry experience to lead teams in the execution of a variety of strategic, actuarial, and consulting activities within Optum's Payer Advisory Practice, largely focused on Medicare Advantage and Dual-Eligible populations. This role will establish, maintain, and own relationships with payer clients and execute against projects around various Actuarial products/services, as well as other Optum healthcare offerings relevant to their business needs.
This role is a senior level role with sales, client management, and potentially people leadership responsibilities. This role is critical to driving the growth and quality delivery of existing client relationships. This role is critical in driving the development of new client relationships. It will provide guidance and leadership to other actuarial staff in a professional and diligent manner to drive growth for the GPA practice. This role also requires coordination with multiple areas of Optum and United Healthcare to bring the best and most appropriate services to our customers.
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:
- Lead teams to deliver timely and business relevant results across multiple work streams while maintaining actuarial process standards and controls
- Communicate updates, results, and outcomes to clients' executive leadership teams to become a trusted advisor in the MAPD strategy and thought leadership space
- Certify Medicare Advantage and Part D Bids for multiple payer clients
- Deliver expert strategic actuarial advice to clients with the goal of ensuring long-term profitable growth
- Contribute to growth goals of the practice individually and as a part of the broader team
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
- ASA and MAAA designations
- 8+ years of actuarial experience
- 3+ years of Medicare Advantage and/or Part D pricing experience
- Expert knowledge of key actuarial processes of Managed Care organizations financial analytics and Rate Development processes
- Experience managing complex actuarial projects
- Proven problem-solving skills (identification of issue, causes, solution, implementation plan)
Preferred Qualifications:
- FSA Designation
- 10+ years of actuarial experience
- 5+ years of Medicare Advantage and Part D pricing experience
- Experience selling consultative services
- Experience managing people
*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 $132,200 to $226,600 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.