Imagine how much went in to forming a team of actuarial talent that can keep our Fortune 6 global organization at the forefront of an industry. It took a lot of planning and work, and it is a great start. But now we need you. As a Senior Director Actuarial Services at UnitedHealth Group, you will direct cross-functional teams and influence senior leadership to adopt new ideas and approaches. It is an opportunity to help rewrite the future of UnitedHealth Group as you participate in the development of business strategy and lead large, complex projects to achieve key business objectives.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.
Primary Responsibilities:
- Provide actuarial direction and strategy to balance growth and profitability goals
- Lead actuarial analysis and services in support of trend projections and pricing assumptions
- Collaborate with PBM and clinical partners to develop network, formulary, and rebate assumptions
- Collaborate on the development of actuarial Part D pricing and forecast models and methodologies
- Review results from pricing models and test sensitivity
- Evaluate impacts of strategic benefit changes and legislative reforms
- Participate in the Part D bid submission process
- Participate in forecast process, including evaluation of drivers and variances
- Communicate results to stakeholders
- Manage the workload and career development of a small staff of actuarial analysts
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 (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation
- 8+ years of actuarial experience
- Experience with Part D pricing or forecasting
- Experience using models that involve large datasets
- Advanced or higher level of proficiency in MS Excel
- Beginner or higher level of proficiency in SAS (Statistical Analysis System), SQL (Structure Query Language) or other programming system
Preferred Qualifications:
- Experience building models using SAS or SQL or other programming system
- Advanced Proficiency in SAS (Statistical Analysis System) or SQL (Structure Query Language) or other programming system
*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 $156,400 to $268,000 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.