Actuarial Analyst ALDP, Group Retiree Actuarial Pharmacy
$58,300 - $114,300/Yr
UnitedHealth Group - Minnetonka, MN
posted about 2 months ago
Full-time - Entry Level
Onsite - Minnetonka, MN
Insurance Carriers and Related Activities
About the position
The Actuarial Analyst position within the Group Retiree Actuarial Pharmacy team at UnitedHealthcare focuses on supporting Employer Group Waiver Plan (EGWP) pharmacy pricing and analytics. This role is essential for ensuring accurate and timely rates, particularly in light of recent changes to Part D due to the Inflation Reduction Act. The position offers opportunities to enhance analytical, technical, and communication skills while working closely with business partners and contributing to pricing strategies.
Responsibilities
- Prepare, review, and complete pricing requests for EGWP Part D in collaboration with the Associate Director and other Analysts.
- Support Part D pricing studies to inform rate development strategy by reviewing emerging plan experience and trends.
- Assist with ad hoc analyses using Excel, SAS, and other tools as needed.
- Complete system updates to maintain the pharmacy pricing process.
- Work cross-functionally to assist business partners with technical and pricing inquiries.
Requirements
- Bachelor's degree or equivalent work experience.
- 2+ actuarial exams passed.
- Willingness to enroll in UHC's Actuarial Leadership Development Program upon start.
- Reside within a commutable distance of a UHC office.
- Ability to work in a UHC office five days a week.
Nice-to-haves
- Experience working with Excel, VBA, SQL, and/or SAS.
- Actuarial work experience.
- Healthcare industry experience, particularly Medicare experience.
Benefits
- Comprehensive benefits package
- Incentive and recognition programs
- Equity stock purchase
- 401k contribution
