Actuarial Consultant ALDP - Minnetonka, MN

At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and optimized. Ready to make a difference? Join us in making healthcare work better for everyone through people-led, responsible AI while Caring. Connecting. Growing together.

Ready to turn complex numbers into decisions that shape healthcare for millions of seniors? As an Actuarial Consultant in UnitedHealthcare's Medicare & Retirement Finance business division, you'll be at the center of the work that helps older Americans get the care and coverage they count on. You'll bring Medicare Advantage bids, pricing, and forecasting to life, translating data into insights that guide our leaders and drive real impact. If you're an exam-track actuary who wants your work to matter far beyond the spreadsheet, this is your opportunity to grow your career while helping people live healthier lives.

This position follows an office-based schedule with at least four days per week in our Minnetonka, MN office.

Primary Responsibilities: 

• Prepare Medicare Advantage bids submitted to CMS annually
• Conduct data analysis and prepare reports for Medicare Advantage submissions
• Understand and interpret the key drivers of health care trends; projecting expected revenue and cost
• Develop pricing methodologies and assumptions
• Conduct and evaluate studies on pricing, utilization and health care costs
• Perform mathematical analyses and actuarial modeling to provide management with statistical findings and conclusions
• Perform quantitative analysis of actuarial, financial, utilization and costs data
• Analyze forecasts and trends to help leaders make decisions

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 or equivalent work experience
• On the Actuarial exam track, having passed a minimum of 4 or more Actuarial exams

• 4+ years of Actuarial experience

Preferred Qualifications:

• Associate of the Society of Actuaries or Fellow of the Society of Actuaries designation
• Experience working in the finance-related field of the health care industry
• Experience applying AI and large language models (e.g., ChatGPT, Claude) to solve complex business problems
• Basic or higher level of proficiency with SAS (Statistical Analysis System), SQL (Structured Query Language), Python, and / or Snowflake

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer 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 us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $91,700 to $163,700 annually based on full-time employment. We comply with all minimum wage laws as applicable.

At UnitedHealth Group, our mission is to help people live healthier lives and help make the health system work better for everyone. Together, we are shaping the future of healthcare by harnessing technology and innovation to make care simpler to navigate, more affordable and more connected for the people we serve. We are committed to creating an inclusive workplace where everyone feels welcomed, valued, heard and respected, empowering people to bring their authentic selves to work and strengthening our collective impact through diverse talents, backgrounds, experiences and perspectives.

UnitedHealth Group and its affiliated brands are an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

UnitedHealth Group and its affiliated brands are a drug-free workplace. Candidates are required to pass a drug test before beginning employment.