Director of Actuarial Services - Minnetonka, MN

UnitedHealth Group - Minnetonka, MN

Full-time
UnitedHealthcare is a company that's on the rise. We're expanding in multiple directions, across borders and, most of all, in the way we think. Here, innovation isn't about another gadget, it's about transforming the health care industry. Ready to make a difference? Make yourself at home with us and start doing your life's best work.(sm)

Fortune 6. An acknowledged global leader in the rapidly evolving health care system. A company known for bold, innovative ideas and innovation. What’s not to love? Now, check out this opportunity to lead an elite actuarial team. As Director of Actuarial Services within UHC Medicare and Retirement, 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.

Primary Responsibilities:
Develop reserves (e.g. IBNR, PDR, etc.) for Medicare products
Conduct analyses to assess the impact of operational changes on reserving
Work with partners in Healthcare Economics to understand and interpret key drivers of reserves
Support actuarial forecasting
Provide subject matter expertise for projects, initiatives, conversions, integrations and implementations impacting the Actuarial Reserving Team
Develop actuarial reserving models
Support preparation of Health Annual Statement (Orange Blank) actuarial certifications
Manage preparation of Medicare Supplement premium refund filings
Provide audit and regulatory support
Support reserving internal control environment
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

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
8+ years of actuarial experience
Advanced level of proficiency in setting health reserves
Willingness to work during the monthly close cycle
Currently possess or willing to obtain AAA specific qualification to sign Health Annual Statement (Orange Blank) actuarial certifications

Preferred Qualifications:
3+ years of experience in the health/managed care industry
3+ years of experience in actuarial financial reporting
3+ years of actuarial experience in Medicare Advantage products
Basic or higher level of proficiency with SAS (Statistical Analysis System)
Ability to execute and meet deadlines
Raising our game in actuarial science will help UnitedHealth Group maintain our leadership for years to come. Join us. Learn more about how you can start doing your life’s best work.(sm)

Careers at UnitedHealthcare Medicare & Retirement.
The Boomer generation is the fastest growing market segment in health care. And we are the largest business in the nation dedicated to serving their unique health and well-being needs. Up for the challenge of a lifetime? Join a team of the best and the brightest to find bold new ways to proactively improve the health and quality of life of these 9 million customers. You'll find a wealth of dynamic opportunities to grow and develop as we work together to heal and strengthen our health care system. Ready? It's time to do your life's best work.(sm)

Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.

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