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 in making healthcare work better for everyone through people-led, responsible AI while Caring. Connecting. Growing together.
UnitedHealthcare is a company that's on the rise. We're expanding in multiple directions, across borders and, most of all, in the way we think. Here, innovation isn't about another gadget, it's about transforming the health care industry. Ready to make a difference? Make yourself at home with us and start doing your life's best work. Specialty Benefits is an exciting & growing area within Employer & Individual at UnitedHealthcare. Specialty Benefits is comprised of Dental, Vision and several other products. This role will support the Legacy Dental and Vision business within Specialty that has nearly $5B in annual revenue and will combine month-end close support with analytics to ensure financial accuracy & compliance.
This position follows an office-based schedule with (4) in-office days per week. Our office is located at 9700 Health Care Ln, Minnetonka, MN 55343 OR 10175 Little Patuxent Pkwy, Columbia, MD 21044.
Primary Responsibilities:
- Primary responsibility of this role will be to oversee our legacy vision block of business. Work with other members of the team to develop monthly revenue estimates and communicate those results to Specialty Benefits leadership while addressing material variances to prior month, forecast, etc.
- Analyze commercial, private label, Medicaid and Medicare premium and administrative service revenues to ensure activity correctly reflected in the general ledger
- Support MLR reporting by compiling financials in state specified formats
- Prepare and present financial summary and related analytics of assigned legal entity to leadership/regulatory teams and manage ad-hoc reporting requests
- Support month-end close process as it relates to assigned area of responsibility ensuring timely and accurate reporting of all related revenues
- Regularly work with other accounting teams, account managers, underwriters and billing analysts to develop a deep understanding of the dental and vision product offerings
- Ensure all revenues, claims and membership are aligned on a customer-by-customer basis
- Prepare or approve assigned GL account reconciliations
- Assesses and interprets customer needs and requirements
- Identifies solutions to non-standard requests and problems
- Solve moderately complex problems and/or conduct moderately complex analyses
- Coach, provide feedback, and guide others
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:
- Undergraduate degree in accounting, finance or business-related field
- 3+ years of work experience in accounting, finance or reporting
- Proven solid understanding and practical application of U.S. GAAP
- Proficient in Microsoft Excel
- Ability to work an office-based schedule in Minnetonka MN or Columbia MD
Preferred Qualifications:
- Public accounting experience
- Experience with Hyperion Smartview/Essbase, Peoplesoft, Blackline
- SQL and/or SAS skills and experience working with large databases
- Independent, downstream thinker and problem solver
- Excellent communication skills
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 $72,800 - $130,000 annually based on full-time employment. We comply with all minimum wage laws as applicable.
At UnitedHealth Group, our mission is to help people live healthier lives and help make the health system work better for everyone. Together, we are shaping the future of healthcare by harnessing technology and innovation to make care simpler to navigate, more affordable and more connected for the people we serve. We are committed to creating an inclusive workplace where everyone feels welcomed, valued, heard and respected, empowering people to bring their authentic selves to work and strengthening our collective impact through diverse talents, backgrounds, experiences and perspectives.
UnitedHealth Group and its affiliated brands are 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 and its affiliated brands are a drug-free workplace. Candidates are required to pass a drug test before beginning employment.
Skills Required
- Undergraduate degree in accounting, finance, or a business-related field
- 3+ years of work experience in accounting, finance, or reporting
- Solid understanding and practical application of U.S. GAAP
- Proficiency in Microsoft Excel
- Ability to work an office-based schedule in Minnetonka, Minnesota, or Columbia, Maryland
- Public accounting experience
- Experience with Hyperion SmartView, Essbase, PeopleSoft, or BlackLine
- SQL and/or SAS skills and experience working with large databases
- Independent, downstream thinker and problem solver
- Excellent communication skills
What We Do
Optum, part of the UnitedHealth Group family of businesses, is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. At Optum, we support your well-being with an understanding team, extensive benefits and rewarding opportunities. By joining us, you’ll have the resources to drive system transformation while we help you take care of your future. We recognize the power of connection to drive change, improve efficiency and make a difference in health care. Join a team where your skills and ideas can make an impact and where collaboration is key to creating technology that produces healthier outcomes.
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Optum Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
Optum has three workplace models that balance the needs of the business and the responsibilities of each role. These models, core on‑site (5 days/week), hybrid (4 days/week) and telecommute or fully remote, vary by country, role and location.