Senior Actuarial Analyst - Cypress, CA

We all know that there's a lot more to come in the changes sweeping through the health care industry. But if change is going to shape our world, it's comforting to know that we're shaping the change. As a Senior Actuarial Analyst, you will be part of UnitedHealth Group's elite actuarial team committed to changing health care through outstanding service, valuable products, measurable savings and health care plans designed to fit members' lives, year after year. You'll find an accelerated actuarial development path to support you in your continuing post-graduate education and certification. Join us. There's never been a better time to do your life's best work.(sm)

As an Actuary, you will perform mathematical analyses and actuarial modeling that provides management with statistical findings and conclusions. In this role you will interpret rate regulations, keep up with regulation changes, submit rate filings to comply with regulations and negotiate with the state during the approval process while helping health plan to achieve both business and financial goals. The analyses will impact foundational pricing and risk assumptions. You will analyze and implement changes that impact the foundational pricing and risk assumptions. Responsibilities may also include calculation of reserves, development of program rates and forecasting/trend analysis. The position will collaborate with other functional teams in order to achieve the common goals.

Primary Responsibilities:

• Analyzing data and modeling actuarial studies


• Interpreting state rate regulation requirements and secure rate filings approvals from State DOIs


• Interacting with State DOIs and Alliance of Health Plans


• Designing complex data programs and Performing quantitative analysis of actuarial, financial, utilization and costs data


• Working with less structured, more complex issues, and identifying solutions to non-standard requests/problems


• Represent Actuarial Pricing and serve as a point of contact to business and functional partners


• Able to make pricing recommendations and influence others to make informed decisions

Required Qualifications:

• Bachelor's degree in Actuarial Science, Math, Economics or a related degree


• ASA or FSA designation


• 4+ years of experience working in healthcare industry with small group, large group in all aspects of group pricing, manual rate studies and rate filings


• Have prior experience in creating and making actuarial presentations to business managers


• At least an intermediate level of proficiency working with Microsoft Excel, including formulas, calculations, pivot tables, charts, graphs, etc.


• At least a basic level of proficiency with Access


• Strong verbal and written communication skills

Preferred Qualifications:

• Experience with SAS or SQL


• Experience working in healthcare industry with group managed care insurance background


• Experience in all aspects of group pricing and rate filing

Careers at UnitedHealthcare Employer & Individual. We all want to make a difference with the work we do. Sometimes we're presented with an opportunity to make a difference on a scale we couldn't imagine. Here, you get that opportunity every day. As a member of one of our elite teams, you'll provide the ideas and solutions that help nearly 25 million customers live healthier lives. You'll help write the next chapter in the history of health care. And you'll find a wealth of open doors and career paths that will take you as far as you want to go. Go further. This is your life's best work.(sm)

Diversity creates a healthier atmosphere: 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.

Job Keywords: mid level actuarial job, actuary, math, statistical, healthcare, modeling, pricing, reserving, consulting, trending, forecasting, analysis, SQL, SAS, Cypress, California, CA