Actuarial Analyst - Eden Prairie, MN

Optum 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.
Primary Responsibilities:

• Research, analyze and interpret quantitative data results by applying knowledge of data analysis, critical-thinking and healthcare experience/expertise
• Perform data quality checks and useability analyses
• Develop actuarial models for evaluating and projecting healthcare cost trends; perform data mining and analysis to identify key trends and drivers
• Assist in preparation of medical expense and revenue forecasts
• Develop SQL queries, building Excel based actuarial models and apply varying actuarial techniques to solve specific business needs
• Maintain and expand current statistical models used to measure business results
• Maintain actuarial reserve and revenue models; assist in development of assumptions and preparation of monthly estimates
• Assist in completion of annual financial client reconciliation processes
• Structure analytical results in a succinct and organized manner
• Establish trusting professional relationships with actuarial team and internal business leaders
• Maintain alignment of expectations and priorities

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:

• Actuarial exam track, having passed 1 or more Actuarial exams
• Experience working in a corporate environment including experience collecting, analyzing and summarizing qualitative/quantitative data
• Expertise working with formulas, calculations, charts, graphs in MS Excel

Preferred Qualifications:

• Work or intern experience working in health care industry, Actuarial industry or another associated field
• Experience building Excel based actuarial models
• Experience with coding languages such as SQL (Structured Query Language), SAS (Statistical Analysis System) and/or VBA (Visual Basic for Applications)
• Experience in data mining and data transformation/manipulation
• Experience with predictive modeling and statistical analysis
• Demonstrated advanced analytical skills with ability to analyze and interpret data through complex analysis
• Proven solid communication skills (verbal and written)

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 to $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.