Actuarial Director - Eden Prairie, MN

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Eden Prairie, MN, USA
In-Office
135K-231K Annually
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
The Role
Requisition Number: 2353840
Optum Insight is improving the flow of health data and information to create a more connected system. We remove friction and drive alignment between care providers and payers, and ultimately consumers. Our deep expertise in the industry and innovative technology empower us to help organizations reduce costs while improving risk management, quality and revenue growth. Ready to help us deliver results that improve lives? Join us to start Caring. Connecting. Growing together.
In joining the UnitedHealth Group Advisory Trend Analytics Consulting team: you'll be part of a team that is a leader in health care cost analytics, with a proven track record of supporting health plans across the country though a diverse staff of Actuaries, Data/Research Analysts, and Business/Technology Consultants. Our consulting team has continued to expand capabilities and our consulting presence by identifying, developing, and executing on new and exciting business opportunities.
As a member of our high-performing team, you'll help support Optum's growth and financial goals while you help shape our future. As an Senior Actuarial Director, you will be empowered, supported, and encouraged to use your actuarial expertise as you perform financial analysis and build models that improve health plan competitiveness.
Primary Responsibilities:
Client Engagement Delivery Responsibilities:
  • Act as client lead on a day-to-day basis for delivery of large-scale and complex projects
  • Lead recurring meetings across finance, pharmacy, clinical, and actuarial client teams
  • Collaborate with key stakeholders to identify and develop business questions for analytic investigation (e.g., utilization analysis)
  • Develop and design complex data programs and forecast models, by utilizing applicable data/analytical tools to extract and analyze data (e.g., SAS, SQL, R, Python, Excel, Tableau, PowerBI)
  • Interpret, compile, and disseminate results of modeling analyses with appropriate conclusions and recommendations
  • Serve in an advisory role to clients on business strategy, operational effectiveness, and healthcare best practices
  • Provide strategic input to the development of the project roadmap and timelines
  • Create a team-oriented work climate that enables professional development and encourages creative solutions and strategies

Business Development / Leadership:
  • Manage a team of Actuarial Consultants
  • Provide coaching and mentoring to junior consultants and analysts with the goal of developing and retaining talent within the organization
  • Support cross business collaboration with Optum actuarial and other consultants in the pursuit of new development opportunities
  • Complete financial analysis and develop client business case for proposed solutions
  • Support and actively participate in thought leadership for innovative solutions and expanding consulting engagements

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
  • Actuarial Credential (ASA or FSA)
  • 8+ years of healthcare actuarial experience
  • 5+ years of experience presenting analytical findings
  • 5+ years of experience working with healthcare claims data
  • 5+ years of experience as a people and project manager

Preferred Qualifications:
  • 5+ years of experience working for a healthcare consulting practice
  • 3+ years of experience forecasting Medicare drug costs
  • Advanced proficiency in Excel, SAS, PowerBI, and experience designing and running complex Actuarial analytics
  • Reside local to Eden Prairie, MN

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 $134,600 to $230,800 annually based on full-time employment. We comply with all minimum wage laws as applicable.
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
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.

What the Team is Saying

Optum Compensation & Benefits Highlights

  • Healthcare Strength Health coverage offers copay and HSA medical options with dental, vision, company‑paid life and disability, and free or low‑cost virtual visits. Feedback suggests the offering is comprehensive and competitive on paper.
  • Parental & Family Support Time off and family supports include PTO, eight paid holidays plus a floating day, six weeks paid parental leave, up to two weeks paid caregiver leave, Bright Horizons back‑up care, and adoption assistance up to $10,000. Feedback suggests these resources are meaningful for caregivers and family needs.
  • Retirement Support Savings programs include a 401(k) with employer match (after one year, vesting after two) and a 10%‑discount Employee Stock Purchase Plan. These programs bolster long‑term financial security when combined with other savings resources.

Optum Insights

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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
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