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Actuarial Consultant ALDP - Remote

Posted 21 Days Ago
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In-Office or Remote
Hiring Remotely in Minnetonka, MN
Mid level
In-Office or Remote
Hiring Remotely in Minnetonka, MN
Mid level
Perform actuarial analyses and modeling for pharmacy affordability, specialty pharmacy, and infusion drug analytics. Build financial models, analyze utilization and cost trends, work with data applications and AI tools, and translate technical results for non-actuarial stakeholders to support product development and contracting strategy.
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Requisition Number: 2371674
At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and optimized. Ready to make a difference? Join us to start Caring. Connecting. Growing together
Continue your actuarial career at the forefront of healthcare innovation. As an Actuarial Consultant in our Actuarial Leadership Development Program, you won't just analyze data, you'll shape the future of affordability and care delivery. From partnering in comprehensive business reviews to uncovering meaningful healthcare savings opportunities, you'll collaborate across clinical, finance, underwriting, and beyond to turn insights into action. If you're driven by curiosity, impact, and innovation, this is where your leadership journey begins.
The mission of Health Care Economics is to identify, design and integrate new methodologies, metrics, and techniques that advance the abilities in health care data analysis, database construction, and measurement of the underlying forces in the health care industry. These methods are focused on trend management, contract analysis and administration, provider profiling, risk assessment, and predictive modeling.
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. Preference will be given to candidates willing and able to work Eastern and Central time zone business hours.
Primary Responsibilities:
  • Work with data and data applications to assist in problem solving and analyses. Maintain an understanding of data integrity. Utilize AI tools to augment data analysis and other tasks
  • Performing quantitative analysis of utilization and cost
  • Produce financial models and reports with an overall goal of minimizing specialty pharmacy trend and accurately forecasting future costs
  • Assist in Actuarial modeling and analyses in:
    • Pharmacy affordability programs
    • Support infusion drug analytics for medical benefit contracting strategy
    • UHC pharmacy product development

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, Statistics, Economics, or a related quantitative discipline
  • Progress toward actuarial designation (ASA track), having passed 4+ exams
  • 4+ years of actuarial work experience
  • Demonstrated experience leading actuarial analyses within health insurance
  • Advanced or higher level of proficiency with Excel
  • Proven ability to translate technical results into clear insights for non-actuarial stakeholders

Preferred Qualifications:
  • ASA or FSA Society of Actuaries Designation
  • Familiarity with specialty pharmacy
  • Demonstrated proficiency with coding languages such as SQL/R/Python/PowerBI
  • Proven excellent oral and written communication skills

*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 $91,700 - $163,700 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.
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Optum Bengaluru, Karnataka, IND Office

Bengaluru, India, India

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