Actuarial Associate Jobs

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 equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together.

As an Associate Director Actuarial Services within UHC M&R, you will lead actuarial efforts including data analysis, Excel modeling, and other actuarial analytics in support of the Medicare Advantage bid process. 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 in the U.S. as you take on some tough challenges. This position is open to anyone who would work remotely in the U.S. The preferred location for this position is a hybrid work schedule in the Minnetonka, MN office.

Primary Responsibilities:

• Prepare Medicare Advantage bids submitted to CMS annually
• 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
• Develop pricing methodologies and assumptions
• Conduct 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
• ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation
• 5+ years of Actuarial work experience
• Experience working with Medicare Advantage

• Advanced or higher level of proficiency with MS Excel (expertise with large tables of data, formulas, and calculations)

Preferred Qualifications:

• Experience working in the finance-related field of the health care industry
• Experience applying AI and large language models (e.g., ChatGPT, Claude) to solve complex business problems
• Basic or higher level of proficiency with SAS (Statistical Analysis System) and/or SQL (Structured Query Language)

• Proven ability to translate emerging technologies into practical, scalable solutions for business users

• 
  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 $112,700 - $193,200 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.