Actuarial Analyst - Eden Prairie, MN - Full-time / Part-time

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 within Optum, 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.
 
Specifically, this function of Optum leads Actuarial analysis spanning a wide variety of products and services across Optum Care, Optum Health and initiatives surrounding population health solutions.  Successful candidates must be comfortable balancing multiple projects, managing time effectively, and communicating effectively to senior leadership.  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)
 
Your work at OptumCare will have a provider focus, helping us to build actuarial support for our work with care delivery organizations.  The provider focus is a departure from traditional health actuarial work and will lead to expertise in a burgeoning area for health actuarial. 
 
Examples of projects will include:


Developing capitation funding levels for specialty services and for global provider risk

Understanding provider performance and outcomes under ACO deals with payers, including the CMS MSSP program

Risk scoring, as a fundamental component of arrangements with payers

Provider profiling—identifying opportunities for improved performance on cost and quality measures

Evaluating the impact of changes in CMS provider payment mechanisms that are steering Medicare toward payment for value and quality

Developing utilization and cost benchmarks

Interacting with other groups within Optum on topics including tying to lag reporting, risk scoring, re-pricing, etc.
Primary Responsibilities:


Analyze and interpret the key drivers of health care trends

Develop pricing methodologies and assumptions

Develop new rates and prepare cost estimates

Conduct and evaluate studies on pricing, utilization and health care costs

Determine the impact on premiums and health product proposals

Perform mathematical analyses and actuarial modeling that provides management with statistical findings and conclusions

Design and run complex data programs

Perform quantitative analysis of actuarial, financial, utilization and costs data

Calculate reserves

Analyze forecasts and trends to help leaders make decisions
 

Required Qualifications:


Bachelor's degree in Math, Actuarial Science, Statistics, or related field of study or equivalent experience

Minimum of 2 Actuarial exams passed

Minimum of 2 years of Actuarial experience 

Advanced proficiency in MS Excel having worked with formulas, calculations, charts, pivot tables, and graphs
Preferred Qualifications:


Experience communicating complex information effectively

Experience working in the healthcare industry

At least a basic level of proficiency with SAS (Statistical Analysis System) and/or SQL (Structured Query Language)
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: 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.
 
 
Job Keywords: actuary, healthcare, Excel, SAS, SQL, consulting, Eden Prairie, MN, Minnesota
 
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