Director Actuarial Services - Remote - Minnetonka, MN Hybrid preferred
About the position As Director Actuarial Services within UHC Finance, you will oversee complex actuarial projects that have strategic importance to our mission of helping people lead healthier lives and to help the health system work better for everyone. It’s an opportunity to help rewrite the future of our company and health care itself. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week. Your leadership skills will be put to the test in this role. Not only will you be leading an intensely driven and focused team, but you will be overseeing large projects and managing complex work streams too. Senior management will be turning to you as a trusted subject matter expert to drive business results and provide actuarial direction to support accurate medical cost reporting. 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.
Responsibilities
- Develop reserves (e.g. IBNR, PDR, etc.) for Medicaid, Medicare, or DSNP products
- Utilize AI as a resource and innovation tool
- Lead improvements and projects related to reserving processes
- Execute creative problem solving and critical thinking
- Develop and deploy predictive data models on large data sets
- Support preparation of Health Annual Statement (Orange Blank) actuarial certifications
- Mentor and develop actuarial staff and help them create unique solutions to complex problems
- Communicate highly complex concepts in ways that can be understood by a variety of audiences
- Work with partners in Healthcare Economics to understand and interpret key drivers of reserves
Requirements
- Bachelor's degree
- ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries) designation, or Fellowship in other actuarial organizations
- 5+ years of actuarial experience
- Experience successfully executing and meeting deadlines
- Experience balancing multiple priorities simultaneously
- Willingness to work during the monthly close cycle
Nice-to-haves
- Experience in actuarial financial reporting
- Experience in the health/managed care industry
- Experience in reserving
- Experience with AI/Data Science
- Actuarial experience in Medicare or Medicaid products
- Basic to intermediate level of proficiency with SAS (Statistical Analysis System) or Python
Benefits
- comprehensive benefits package
- incentive and recognition programs
- equity stock purchase
- 401k contribution
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