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Associate Actuarial Director - Hartford, CT or Minnetonka, MN or Green Bay, WI or Telecommute

Company: UnitedHealth Group
Location: Minnetonka
Posted on: November 20, 2022

Job Description:

Elevate your actuarial career with UnitedHealthcare. Join some of the brightest actuarial minds in the industry as we empower you to make strategic decisions that make a big impact in the health care space. As a leading health care company, we'll provide you with innovative tools, holistic benefits, support for achieving actuarial credentials and designations, unrivaled growth opportunities and the chance to do your life's best work.--- UHC Associate Actuarial Director is the subject matter expert and trusted advisor for understanding and interpreting the key drivers and risk of US and international accident/health/other risks as they emerge and impact Global Solutions businesses. This individual will be involved in the development of pricing methodologies, risk management identification and mitigation, setting pricing assumptions for major medical and other ancillary products. This individual will develop/file rates, and research and conduct studies on pricing for US and non-US insurance licenses. You'll enjoy the flexibility to telecommute* from anywhere within the U.S. as you take on some tough challenges. Primary Responsibilities:

  • Critically review, adapt, modify USA know-how to international insurance environment, develop/apply/validate pricing methods and principles
  • Prepare documentation, justification, and responses for rate filings. -Sign and certify rate filings.
  • Analyze/update cost, methods and assumptions that are used in rating models -
  • Develop pricing and risk analytics for both U.S. and International claims costs
  • Research US federal and state regulations, recommend appropriate adjustments to comply with regulations. -
  • Ensure profitable pricing
  • Aggregate and analyze applicable data for pricing projects
  • Interact with functional areas within UHC to recommend pricing and risk solutions
  • Work with external consultants to accomplish projects


    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 in Mathematics, Finance, Actuarial Science or related field
    • Actuarial designation (ASA or FSA)
    • 5+ years of progressive experience in actuarial pricing/risk and data analysis
    • Experience with rate filings
    • Experience dealing with ambiguity and presenting complex concepts to varying audiences
    • Experience presenting and defending your recommendations
    • Advanced or higher level of proficiency in Excel
    • Willing and able to work in various global time zones
      Preferred Qualifcations:
      • Experience working in a "start-up" environment
      • Experience with pre-ACA rating and regulations in multiple states
      • Exposure to multiple facets of various insurance products (life, other A&H lines, P&C): -product design, pricing, risk management, reporting/reserving
      • Experience in translating business-driven data needs to technical data/programming and non-actuarial areas
      • Demonstrated ability in successfully building relationships and working with resources/tools across multiple business functions, within affiliated companies
      • Proficiency in a second language
      • Proficiency with SAS and/or SQL
      • Proficiency and experience with MS Access
      • Excellent problem solving and analytical skills
      • Solid communication skills, both oral and written to a non-actuarial audience. Able to simplify complex actuarial work into fundamental concepts, conclusions and recommendations
      • Solid organizational skills
      • Full COVID-19 vaccination is an essential job function of this role. Candidates located in states that mandate COVID-19 booster doses must also comply with those state requirements. UnitedHealth Group will adhere to all federal, state and local regulations as well as all client requirements and will obtain necessary proof of vaccination, and boosters when applicable, prior to employment to ensure compliance. Candidates must be able to perform all essential job functions with or without reasonable accommodation


        To protect the health and safety of our workforce, patients and communities we serve, UnitedHealth Group and its affiliate companies require all employees to disclose COVID-19 vaccination status prior to beginning employment. In addition, some roles and locations require full COVID-19 vaccination, including boosters, as an essential job function. UnitedHealth Group adheres to all federal, state and local COVID-19 vaccination regulations as well as all client COVID-19 vaccination requirements and will obtain the necessary information from candidates prior to employment to ensure compliance. Candidates must be able to perform all essential job functions with or without reasonable accommodation. Failure to meet the vaccination requirement may result in rescission of an employment offer or termination of employment Careers with UnitedHealthcare. -Let's talk about opportunity. Start with a Fortune 5 organization that's serving more than 85 million people already and building the industry's singular reputation for bold ideas and impeccable execution. Now, add your energy, your passion for excellence, your near-obsession with driving change for the better. Get the picture? UnitedHealthcare is serving employers and individuals, states and communities, military families and veterans where ever they're found across the globe. We bring them the resources of an industry leader and a commitment to improve their lives that's second to none. This is no small opportunity. It's where you can do -your life's best work.(sm) Colorado, Connecticut or Nevada Residents Only: The salary range for Colorado residents is $97,300 to $176,900. The salary range for Connecticut / Nevada residents is $97,300 to $176,900. Pay is based on several factors including but not limited to education, work experience, certifications, etc. In addition to your salary, UnitedHealth Group offers 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 UnitedHealth Group, you'll find a far-reaching choice of benefits and incentives. *All Telecommuters will be required to adhere to UnitedHealth Group's Telecommuter Policy.

        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.

Keywords: UnitedHealth Group, Minnetonka , Associate Actuarial Director - Hartford, CT or Minnetonka, MN or Green Bay, WI or Telecommute, Executive , Minnetonka, Minnesota

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