Director Actuarial Services - Remote - Minnetonka, MN Hybrid preferred

Requisition Number: 2335544
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 Director Actuarial Services within UHC Finance, you will oversee complex actuarial projects that have strategic importance to our mission of helping people lead healthier lives and to help the health system work better for everyone. It's an opportunity to help rewrite the future of our company and health care itself.
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. The preferred location for this position is the Minnetonka, MN office.
Primary Responsibilities:

• Develop reserves (e.g. IBNR, PDR, etc.) for Medicaid, Medicare, or DSNP products
• Conduct analyses to assess the impact of operational changes on reserving
• Execute creative problem solving and critical thinking
• Develop actuarial reserving models
• Develop and deploy predictive data models on large data sets
• Design and support ad-hoc analytics where needed
• Support preparation of Health Annual Statement (Orange Blank) actuarial certifications
• Provide audit and regulatory support
• Mentor and develop actuarial staff and help them create unique solutions to complex problems
• Communicate highly complex concepts in ways that can be understood by a variety of audiences
• Work with partners in Healthcare Economics to understand and interpret key drivers of reserves

Your leadership skills will be put to the test in this role. Not only will you be leading an intensely driven and focused team, but you will be overseeing large projects and managing complex work streams too. Senior management will be turning to you as a trusted subject matter expert to drive business results and provide actuarial direction to support accurate medical cost reporting.
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, or Fellowship in other actuarial organizations
• 5+ years of actuarial experience
• Experience successfully executing and meeting deadlines
• Experience balancing multiple priorities simultaneously
• Willingness to work during the monthly close cycle

Preferred Qualification:

• Experience in actuarial financial reporting
• Experience in the health/managed care industry
• Experience in reserving
• Experience with AI/Data Science
• Actuarial experience in Medicare or Medicaid products
• Basic to intermediate level of proficiency with SAS (Statistical Analysis System) or Python

*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 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.