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.
The Associate Director of Actuarial within UHC Medicare & Retirement will perform various analytics related to claim trends and business performance, support and help drive regulatory advocacy efforts and will complete rate filings for Medicare Supplement products. The Associate Director will perform critical data analysis, SAS/SQL/Excel modeling, and actuarial analytics while developing and strengthening processes and models. As a subject matter expert, the Associate Director will work directly with state regulators to file and obtain state rate filing approvals.
The environment is challenging and fast-paced, requiring flexibility and curiosity. Team members are expected to have a high level of energy, a passion for driving demonstrable value at speed, and making a positive impact both within and beyond United Healthcare.
You’ll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. The preferred location for this position is the Fort Washington, PA office.
Primary Responsibilities:
- Participate in the end-to-end rate filing process, including preparing filings, ensuring compliance with state regulations, and working directly with state regulators in responding to questions and making recommendations to influence filing outcomes
- Appropriately reflect pricing methodologies and assumptions within statutory filings
- Create, modify, run and test models used to help support regulatory filing activities
- Perform various analytics related to claim trends and business performance, support and help drive regulatory advocacy efforts
- Assist in developing analytics that support ongoing and new advocacy efforts related to regulatory filings
- Appropriately balance actuarial theory with practical business realities (e.g., time / resource constraints, data availability, market conditions)
- Translate highly complex concepts in ways that can be understood by a variety of audiences including senior leaders
- Monitor environmental factors (competitors and regulatory), anticipate and communicate impact on business to external areas, recommend solutions and influence appropriate courses of action to senior leaders
- Collaborate with team members across the business to develop solutions to business challenges including finance, product, actuarial, and sales
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
- 6+ years of Actuarial experience in the healthcare insurance industry (pricing, claims forecasting, healthcare economics, reserving, risk management, or similar)
- Advanced or higher level of proficiency with Excel and Access
Preferred Qualifications:
- Experience working with Medicare plans (preferably Medicare Supplement)
- Basic level of proficiency with SAS (Statistical Analysis System) and/or SQL (Structured Query Language)
*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 $110,200 to $188,800 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.
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