Director Actuarial Services, Part D - Remote

Posted 35 Minutes Ago
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Hiring Remotely in Minnetonka, MN, USA
In-Office or Remote
135K-231K Annually
Senior level
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
The Role
Leads actuarial pricing and forecasting for Medicare Part D products, including bid pricing, model development, sensitivity testing, variance analysis, and bid submissions. Uses large datasets, SAS, SQL, and Excel to improve actuarial models and processes. Manages project deadlines, collaborates with cross-functional leaders, and identifies process inefficiencies.
Summary Generated by Built In
Requisition Number: 2390356
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 a Director Actuarial Services with UHC M&R, you will lead actuarial efforts to enhance bidding and forecasting for Part D products. Your role will include data analysis, SAS/SQL/Excel modeling, and actuarial analytics while developing and strengthening processes and models. You will have the opportunity to lead special projects in coordination with other functional teams across the broader organization.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Primary Responsibilities:
  • Understand Part D bid pricing
  • Collaborate on the development of actuarial Part D pricing and forecast models and methodologies
  • Lead actuarial analysis and services in support of pricing and forecasting assumptions
  • Review results from pricing and forecasting models and test sensitivity
  • Participate in the Part D bid submission process
  • Participate in forecast process, including evaluation of drivers and variances
  • Effectively define and manage deadlines for projects that help meet overall team goals
  • Develop trusted and effective relationships with leaders in other areas of the company that we support
  • Identify inefficiencies in process and models and proactively take steps to implement changes

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
  • ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation
  • 5+ years of actuarial experience
  • Experience with Part D pricing or forecasting
  • Experience using models that involve large datasets
  • Advanced or higher level of proficiency in MS Excel
  • Basic or higher level of proficiency in SAS (Statistical Analysis System), SQL (Structure Query Language) or other programming system

Preferred Qualifications:
  • Experience building models using SAS or SQL or other programming system
  • Advanced Proficiency in SAS (Statistical Analysis System) or SQL (Structure Query Language) or other programming system

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy
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 - $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.

Skills Required

  • Bachelor's degree
  • ASA or FSA actuarial designation
  • 5+ years of actuarial experience
  • Experience with Part D pricing or forecasting
  • Experience using models involving large datasets
  • Advanced or higher proficiency in Microsoft Excel
  • Basic or higher proficiency in SAS, SQL, or another programming system
  • Experience building models using SAS, SQL, or another programming system
  • Advanced proficiency in SAS, SQL, or another programming system

What the Team is Saying

Optum Compensation & Benefits Highlights

  • Parental & Family Support Paid parental leave (six weeks), paid caregiver leave (up to two weeks), Bright Horizons back-up care, and adoption assistance up to $10,000 are prominently included. Feedback suggests these family supports meaningfully aid work-life balance and are often highlighted as strengths.
  • Retirement Support A 401(k) with company match is available to all employees, including part-time staff, alongside other financial protections like disability and life insurance. Feedback suggests broad access and matching make retirement support a core pillar of the package.
  • Equity Value & Accessibility An Employee Stock Purchase Plan offers discounted company stock, with some roles also eligible for sign-on or performance bonuses. Feedback suggests the ESPP is a standout financial perk that helps employees build ownership over time.

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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
Metro Manila, Philippines
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Minneapolis, MN
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Washington, DC
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