Actuarial Analyst - Eden Prairie, MN

What makes your Actuarial career greater with UnitedHealth Group? Advancement, access to data, variety of product lines, and rewards for delivering on our mission ensures you will always be challenged.  As a key member of the Optum Actuarial Consulting team, you will support UnitedHealth Group's growth and financial goals to help rewrite the company's history. In your role as an Actuarial Analyst, you will be empowered, supported and encouraged to use your Actuarial expertise to change the future of health care. 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)

You will have the opportunity to perform data mining and analysis that impacts foundational pricing and risk assumptions. As an Actuarial Analyst you will analyze medical and pharmacy costs to understand drivers based on a variety of factors. You will perform financial analysis to improve the competitiveness of our health plans and support reserve development.  Your responsibilities include extracting and compiling cost and utilization data to evaluate Actuarial models, develop data reporting capabilities for management, forecasting medical trends, and creating customized modeling as part of a broader team working on large projects across a variety of clients.  This position will include both detailed technical work as well as client communication as tools and models are provided to clients.

Required Qualifications:

• Bachelor's degree


• Must be on the Actuarial exam track, having passed 2 or more Actuarial exams


• 2+ years of experience working in a corporate environment including experience collecting, analyzing and summarizing qualitative/quantitative data


• Expertise working with formulas, calculations, charts, graphs in MS Excel

Preferred Qualifications:

• Experience working in finance or the health care industry


• 1+ years of experience building Actuarial models in SQL (Structured Query Language), SAS (Statistical Analysis System) and/or VBA (Visual Basic for Applications)


• A basic level of proficiency with MS Access

Careers with Optum. Here's the idea. We built an entire organization around one giant objective; make health care work better for everyone. So when it comes to how we use the world's large accumulation of health-related information, or guide health and lifestyle choices or manage pharmacy benefits for millions, our first goal is to leap beyond the status quo and uncover new ways to serve. Optum, part of the UnitedHealth Group family of businesses, brings together some of the greatest minds and most advanced ideas on where health care has to go in order to reach its fullest potential. For you, that means working on high performance teams against sophisticated challenges that matter. Optum, incredible ideas in one incredible company and a singular opportunity to do 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, analysis, SQL, SAS, Eden Prairie, Minnesota, MN