As an Actuarial Analyst within UHC M&R, you will assist with actuarial efforts including data analysis, Excel modeling, and other actuarial analytics in support of the Medicare Advantage bid process. You will be empowered, supported and encouraged to continue your professional development as you solve some of UnitedHealth Group's toughest challenges. You will use innovative tools including the largest database of health care information in the world. In our Actuarial Leadership Development Program (ALDP), you will find an accelerated actuarial development path to support you in your continuing post-graduate education and certification.
This position follows a hybrid schedule with four days per week in our Minnetonka, MN office.
Primary Responsibilities:- Conduct data analysis and prepare reports for Medicare Advantage submissions
- Understand and interpret the key drivers of health care trends; projecting expected revenue and cost
- Assist with pricing methodologies and assumptions
- Analyze and evaluate studies on pricing, utilization and health care costs
- Perform mathematical analyses and actuarial modeling to provide management with statistical findings and conclusions
- Perform quantitative analysis of actuarial, financial, utilization and costs data
- Analyze forecasts and trends to help leaders make decisions
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, or similar
- 3+ months of internship experience or work experience in a corporate setting
- Successful completion of at least 1 SOA actuarial exam
- Intermediate or higher level of proficiency with MS Excel (expertise with large tables of data, formulas, and calculations)
Preferred Qualifications:- Experience working in the finance or health care industry
- Basic or higher level of proficiency with SAS (Statistical Analysis System) and/or SQL (Structured Query Language)
- Proven ability to learn quickly and use computer software tools effectively
- Proven positive, motivated and team-oriented attitude
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 $60,200 - $107,400 annually based on full-time employment. We comply with all minimum wage laws as applicable.
