UnitedHealth Group is a healthcare and well-being company that’s dedicated to improving the health outcomes of millions around the world. We are comprised of
Associate Director, Actuarial Services
Location
United States
Posted
11 days ago
Salary
$112.7K - $170K / year
Seniority
Mid Level
Job Description
Associate Director, Actuarial Services
UnitedHealth Group
TItle: Associate Director, Actuarial Services Job Description: Requisition number: 2366163 Job category: Actuarial Primary location: Eden Prairie, MN Date posted: 06/12/2026 Overtime status: Exempt Travel: NoOptum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together. As an Associate Director of Actuarial Services , you will be empowered, supported and encouraged to use your actuarial expertise as you build and maintain actuarial models to support financial analysis for our Value-Based Care (VBC) business. You'll find an accelerated actuarial development path to support you in your continuing post-graduate education and certification. The successful candidate will have a strong background in actuarial science, a technical skillset to take on complex VBC modeling and the curiosity and desire to become a thought leader in their areas. This position manages analysts responsible for assessing and quantifying risk in risk‑based contracts across the provider organization and developing and maintaining actuarial models used to support contract negotiations. You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. Primary Responsibilities: - Oversee, build and maintain actuarial models used for forecasting, negotiations, and tracking performance risks associated with value-based arrangements - Drive strategic insight into profitability by leading analysis and communication of key drivers, distinguishing impacts from business and regulatory changes versus revenue and medical trends - Analyze revenue/claim data from multiple sources and translate complex concepts in ways that can be understood by a variety of audiences including senior leaders - Serve as a key resource for risk-taking provider organizations and physician groups - Communicate results and provide recommendations to stakeholders on business performance and strategic actions - Contribute thought leadership, provide actuarial recommendations, and assist Finance leadership with Medicare Advantage, Commercial, and Medicaid risk contracting - Mentor, direct and review work of a team of 1-3 analysts All while working in an environment that allows: - Effective project & time management; Flexibility in your work schedule - Participation in team problem solving; Contribution to team effectiveness - Inclusion into the UHG Actuarial Study Program, including company sponsored study hours and study materials 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 Actuarial Science, Mathematics, or related field - 2+ years of experience analyze and transforming large healthcare claims datasets - 5+ years of actuarial experience with foundational literacy in healthcare analytics and modeling - 3+ years of experience in Medicare Advantage, bid/risk score development, value-based care (VBC) modeling, or government programs in general - Proficiency in Excel and SQL - Excellent problem-solving and communication skills, along with critical thinking skills to anticipate questions from key stakeholders and consider all aspects of a deliverable before completion Preferred Qualifications: - ASA/FSA, or progress toward ASA or FSA (Associate/Fellowship of the Society of Actuaries) designation - Experienced in mentoring and/or leading junior analysts - Experienced presenting business insights and summaries to inform decisions to stakeholders - Demonstrated ability to be self‑motivated, inquisitive, and quick to learn new business concepts, with a proactive approach to taking initiative *All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy. 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 $112,700 - $170,000 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 make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission. UnitedHealth Group is 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.
Related Guides
Related Categories
Related Job Pages
More Actuary Jobs
Actuary Location: Remote, Indiana Full time Job Description: Summary / Objective Serve as the technical expert and project manager for the annual funding, accounting, and compliance requirements for defined benefit pension plans. Responsibilities - Leverage tools and resources to provide clients with innovative and effective solutions - Assist in the development and delivery of quality client communication and deliverables in support of Senior Consultants - Prepare and manage internal project deadlines - Prepare, technically review, and serve as primary contact to clients on annual service offerings - Review pension benefit calculations in accordance with plan provisions, Internal Revenue Code, ERISA, and other legal regulations - Oversee annual employee pension statement projects - Assist in completing and managing non-routine client work such as plan design, plan termination, benefit statements, and other special projects - Assist in the development and training of student-level staff Skills & Qualifications • Bachelor degree in math, actuarial science, or other related field • One or more credentials from the Society of Actuaries or Joint Board of Enrolled actuaries required • If not fully credentialed, pursuit of FSA is required • ProVal experience a strong plus • Project management experience • Strong communication skills, including client consulting and presentations For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 MBps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying.
Senior Managing Actuary
Health Care Service CorporationEmpowering Whole Person Health With Compassion and Innovation
• Managing the implementation, maintenance and critical review and analysis of models, studies and systems which use actuarial principles • Developing complicated models and teaching others how to develop models • Developing written and oral presentations that drive the delivery of information for decision making • Managing complex day-to day projects that may include non-actuarial departments and external parties • Demonstrating a deep understanding of multiple actuarial areas and at least one business segment
VP, Chief Medicaid Actuary
CareSourceFounded in 1989, CareSource is a nonprofit health care provider that aims to be a “transformative force in the industry by placing people over profits.” Bas
• Drive company strategy and manage actuarial expertise in coordination with other leaders on all aspects of CareSource’s rate negotiations with the State Medicaid Departments • Use actuarial knowledge and tools to help improve profitability of CareSource’s lines of business • Oversee and be responsible for all actuarial aspects of rate filing and bid development, including filing strategy, benefit strategy and design, filing compliance and manage external and internal actuarial resources and relationships involved with those functions • Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies, and regulatory actions • Oversees the actuarial forecast process; ensures the integrity of the data and methodology of the results and tracks changes and variances • Proactively researches existing and new regulations/legislation and advises management of actions and potential risks • Provide strategic decision making support to market leadership on all aspects of the business including financial, clinical, operations, and product development • Oversee and assure the coordination, relevance and performance of all actuarial functions in support of CareSource business needs • Hold ultimate responsibility for necessary improvements and changes to keep pace with evolving business needs • Lead the selection and hiring of actuarial staff, and managing actuarial and other staff on a project basis for both actuarial and inter-departmental projects • Manage continual improvement of actuarial processes and make changes as needed to support the business • Represent Actuarial Services and CareSource in written and verbal communications, presentations and meetings with regulators, owners and other outside parties regarding matters requiring actuarial expertise • Use analytical understanding to provide strategic insights and recommendations to CareSource’s C-suite leadership in support of decisions related to the strategic direction of the company • Oversee and support the alignment of Actuarial Services with Finance Department to assure the best possible business intelligence and understanding of company financials in communications to CareSource executive leadership • Responsibility for decision making and strategy regarding actuarial inputs to the monthly financial reporting process and reports, such as claim reserves/accruals, variance analysis, actuarial contributions to Management Discussion & Analysis, etc. • Implement and maintain actuarial processes and controls consistent with best practices to assure accurate and timely reporting and handoff of actuarial components and inputs to financial reporting. • Perform any other job duties as requested
Actuary, Model Risk
Genworth FinancialA Fortune 500 company headquartered in Richmond, Virginia, Genworth Financial helps people navigate their caregiving options, protect and grow their retirement income, and prepare
Role Description As an Actuary and member of the Model Risk Team, you will assess and manage model risk for Genworth's US Life Insurance, CareScout Insurance, CareScout Services businesses, and Genworth’s Investment and Corporate functions. You will lead independent model validations, partner with model owners and business leaders, and help advance best-in-class model risk management practices across the enterprise. - Lead independent model validations for actuarial, finance, investment, and data science models. - Validate that models are fit for purpose and functioning as expected based on their design, input data, methodology, and output. - Provide effective challenge on model rationale, reliability, stability, robustness, and limitations. - Identify model issues, confirm their resolution, and document validation findings for both technical and non-technical audiences. - Collaborate with model owners, developers, and business leaders to deliver independent, value-added model risk management. - Assess the enterprise’s inherent and residual exposure to model risk based on its business processes and risk management strategies. - Contribute thought leadership and insights on modeling, model risk management, model controls, and model governance. - Improve the efficiency and efficacy of existing model risk management processes. - Share industry knowledge, best practices, and notable validation findings with the Model Risk Team. Qualifications - Bachelor’s Degree in a quantitative discipline. - Fellow of Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA); FSA preferred. - 7+ years of relevant experience within the Life, Annuity, or LTC insurance industries. - 3+ years of experience developing actuarial models in an actuarial software platform (Moody’s AXIS or MG-ALFA/Integrate preferred). - Proficiency in SQL or programming languages such as Python, R, or SAS. - Familiarity with actuarial valuation, projections, experience study or pricing models. - Interest in adopting and building AI tools to improve how we work. - Ability to document models, processes, and validation findings for technical and non-technical audiences. - Ability to work independently, take ownership of projects, and self-study unfamiliar topics. Requirements - Master’s degree in a quantitative discipline (nice to have). - CERA designation (nice to have). - Familiarity with predictive analytics, statistical techniques, or AI/machine learning models (nice to have). - Experience with using AI tools to improve processes and boost productivity (nice to have). Benefits - Competitive Compensation & Total Rewards Incentives. - Comprehensive Healthcare Coverage. - Multiple 401(k) Savings Plan Options. - Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!). - Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave. - Disability, Life, and Long Term Care Insurance. - Tuition Reimbursement, Student Loan Repayment and Training & Certification Support. - Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management). - Caregiver and Mental Health Support Services.



