Senior Director Actuarial Services
UnitedHealthcare, Minnetonka, MN, United States
About the Role
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.
Senior Director of Actuarial Services – UHC Finance Your leadership skills will be put to the test in this role. Not only will you be leading an intensely driven and focused team, but you will be overseeing large projects and managing complex work streams. Senior management will turn to you as a trusted subject matter expert to drive business results and provide actuarial direction to support accurate medical cost reporting. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. 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
Develop reserves (e.g. IBNR, PDR, etc.) for Medicaid and DSNP products
Lead a team of actuarial managers and analysts
Conduct analyses to assess the impact of operational changes on reserving
Execute creative problem solving and critical thinking
Develop and deploy predictive data models on large data sets
Design and support ad-hoc analytics where needed
Support preparation of Health Annual Statement (Orange Blank) actuarial certifications
Provide audit and regulatory support
Mentor and develop actuarial staff and help them create unique solutions to complex problems
Communicate highly complex concepts in ways that can be understood by a variety of audiences
Work with partners in Healthcare Economics to understand and interpret key drivers of reserves
Required Qualifications
Bachelor’s degree
ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation, or Fellowship in other actuarial organizations
8+ years of actuarial experience
Experience successfully executing and meeting deadlines
Willingness to work during the monthly close cycle
Preferred Qualifications
3+ years of actuarial experience in Medicaid products
2+ years of management experience
Experience in actuarial financial reporting
Experience in the health/managed care industry
Experience in reserving
Basic to intermediate level of proficiency with SAS (Statistical Analysis System) or VBA
All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy
Pay & Benefits 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 401(k) contribution (all benefits are subject to eligibility requirements). The salary for this role will range from $159,300 to $273,200 annually based on full-time employment. We comply with all minimum wage laws as applicable.
Equal Employment Opportunity 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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Senior Director of Actuarial Services – UHC Finance Your leadership skills will be put to the test in this role. Not only will you be leading an intensely driven and focused team, but you will be overseeing large projects and managing complex work streams. Senior management will turn to you as a trusted subject matter expert to drive business results and provide actuarial direction to support accurate medical cost reporting. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. 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
Develop reserves (e.g. IBNR, PDR, etc.) for Medicaid and DSNP products
Lead a team of actuarial managers and analysts
Conduct analyses to assess the impact of operational changes on reserving
Execute creative problem solving and critical thinking
Develop and deploy predictive data models on large data sets
Design and support ad-hoc analytics where needed
Support preparation of Health Annual Statement (Orange Blank) actuarial certifications
Provide audit and regulatory support
Mentor and develop actuarial staff and help them create unique solutions to complex problems
Communicate highly complex concepts in ways that can be understood by a variety of audiences
Work with partners in Healthcare Economics to understand and interpret key drivers of reserves
Required Qualifications
Bachelor’s degree
ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation, or Fellowship in other actuarial organizations
8+ years of actuarial experience
Experience successfully executing and meeting deadlines
Willingness to work during the monthly close cycle
Preferred Qualifications
3+ years of actuarial experience in Medicaid products
2+ years of management experience
Experience in actuarial financial reporting
Experience in the health/managed care industry
Experience in reserving
Basic to intermediate level of proficiency with SAS (Statistical Analysis System) or VBA
All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy
Pay & Benefits 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 401(k) contribution (all benefits are subject to eligibility requirements). The salary for this role will range from $159,300 to $273,200 annually based on full-time employment. We comply with all minimum wage laws as applicable.
Equal Employment Opportunity 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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