Actuarial Analyst ALDP - Minnetonka, MN Hybrid

Posted Yesterday
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Minnetonka, MN, USA
Hybrid
60K-107K Annually
Entry level
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
The Role
Conduct data analysis and actuarial modeling to support Medicare Advantage bid pricing. Prepare reports, analyze utilization and cost trends, assist with pricing assumptions, and provide quantitative insights to inform management decisions.
Summary Generated by Built In
Requisition Number: 2379653
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
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.
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.
#BI-Hybrid

Skills Required

  • 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 proficiency with MS Excel (large tables, formulas, calculations)
  • Experience working in the finance or health care industry
  • Basic or higher proficiency with SAS and/or SQL
  • Proven ability to learn quickly and use computer software tools effectively
  • Proven positive, motivated and team-oriented attitude

What the Team is Saying

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The Company
HQ: Eden Prairie, MN
160,000 Employees
Year Founded: 2011

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.

Typical time on-site: Not Specified
HQEden Prairie, MN
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