The UHCGlobal Actuarial Consultant 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 UHCGlobal businesses. This individual will be involved in the development of pricing models, methodologies, and assumptions. The UHCGlobal Actuarial Consultant will identify, measure and mitigate risks; develop rates, prepare cost estimates, and conduct research and evaluate studies on pricing, frequency and severity across the UHCG businesses, both on US and non-US insurance licenses. Primary Responsibilities:Prepare actuarial justification for regulatory approvals Actuarial certifications and rate filingsUpdate/ reset starting claims costs for multiple rating models Interact with Dental, Vision, Life and Disability actuarial teams to update current modelsDevelop trend analytics for both U.S. and International claims costsResearch multiple US statutes / regulations and recommend appropriate adjustments to comply with regulations as they impact UHCGDevelop/update/enhance pricing models for insurance productResearch, develop and maintain methodologies and models to identify bases costs for non-healthcare businesses Competitive analysis (US and non-US licenses)Retention modeling and validationGather information and create database platforms to store and enable access to relevant data across for each UHCI businessExtract and aggregate applicable data for projects (pricing, reserving, rate setting, trend analysis, profitability)Train local actuarial and UW teams
Required Qualifications:Bachelor's Degree in Mathematics, Finance, Actuarial Science or related fieldActuarial designation (ASA or FSA)5+ years of previous experience in actuarial and/or financial data analysis requiredExcellent quantitative, problem solving and analytical skills.Strong communication skills, both oral and written to a non-actuarial audienceStrong project management and organizational skillsAt least an intermediate level of proficiency in ExcelDemonstrated ability in successfully building relationships across multiple business functions, within affiliated companies, within and outside the USAAbility to work in various global time zonesPreferred Qualifications:Previous experience working in a "start-up" environmentFamiliarity with pre - PPACA pricing, in multiple statesExperience with SAS and / or SQLProfessional experience with MS AccessProficiency in a second languageExposure to multiple facets of various insurance products (life, other A&H, P&C): product design, pricing, risk management (UW and reinsurance)Experience in translating business-driven data needs to technical data/programming and third party administratorsCurrently reside in Minnesota or Connecticut Raising our game in actuarial science will help UnitedHealth Group maintain our leadership for years to come. Join us. Learn more about how you can start doing your life's best work.SM All Telecommuters will be required to adhere to UnitedHealth Group's Telecommuter PolicyCareers at UnitedHealthcare Employer & Individual. We all want to make a difference with the work we do. Sometimes we're presented with an opportunity to make a difference on a scale we couldn't imagine. Here, you get that opportunity every day. As a member of one of our elite teams, you'll provide the ideas and solutions that help nearly 25 million customers live healthier lives. You'll help write the next chapter in the history of health care. And you'll find a wealth of open doors and career paths that will take you as far as you want to go. Go further. This is 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: Global, actuary, ASA, FSA, St. Paul, MN, Minneapolis, MN, Minnesota, Hartford, CT, Connecticut, Indianapolis, IN, Indiana, Phoenix, AZ, Arizona, AZ, Horsham, PA, Pennsylvania
Our mission is to help people live healthier lives and to help make the health system work better for everyone.- We seek to enhance the performance of the health system and improve the overall health and well-being of the people we serve and their communities. - We work with health care professionals and other key partners to expand access to quality health care so people get the care they need... at an affordable price. - We support the physician/patient relationship and empower people with the information, guidance and tools they need to make personal health choices and decisions.