Actuarial Director-Advisory Services

Actuarial Director

Optum 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.

Optum is a global leader in transforming healthcare through innovative technology and data-driven solutions, helping millions of people live healthier, happier lives. By joining our team, you'll have the opportunity to directly impact health outcomes across communities, advance health equity worldwide, and contribute to a purpose-driven organization committed to improving healthcare for all.

As an Actuarial Director within Optum's Advisory - Forecasting & Insights team, you will be instrumental in advancing healthcare analytics and developing data-driven strategies that improve health outcomes. You will collaborate with cross-functional teams to drive innovation, solve complex challenges, and deliver actionable insights for our clients.

Primary Responsibilities:

The Actuarial Director in this role will work with detailed health care claims data to build and maintain models to support financial analysis; Address business challenges through analytical modeling; Apply their technical skills to complex analyses to draw key insights that reflect an understanding of the overall consulting engagement; Effectively create visually appealing, client-ready, and accurate deliverables; Successfully construct logical storylines and manage client questions in areas of content knowledge. Additional responsibilities include:

• Act as client lead on a day-to-day basis for delivery of large-scale and complex projects
• Lead meetings and present analytic findings across actuarial and non-actuarial stakeholders
• Lead cross business analytics (Commercial, Medicare, & Medicaid), developing consistent and appropriate modeling
• Collaborate with key stakeholders to identify and develop areas for analytical development and exploration
• Develop, conduct, and evaluate studies to measure savings of health care affordability initiatives
• Design and execute detailed data programs and models using various data and analytical tools (e.g., R, Python, Excel, SAS, SQL) to extract and analyze data
• Interpret, compile, and disseminate results of modeling analyses with appropriate conclusions and recommendations
• Serve in an advisory role to clients on business strategy, operational effectiveness, and analytic best practices
• Provide strategic input to the development of the project roadmap and timelines
• Create a team-oriented work climate that enables professional development and encourages creative solutions and strategies
• Lead Medicaid-specific forecasting initiatives, including trend modeling and policy impact assessments
• Advise clients on Medicaid program dynamics, including LTSS and managed care environments

You'll be part of a driven and focused team that is accountable for constantly improving business results. As a trusted subject matter expert who's called on to incorporate traditional expertise into novel, innovative actuarial/analytic solutions, 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.

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 obtained from an accredited university
• Actuarial Credential (ASA or FSA)
• 10+ years of experience in a healthcare Actuarial role
• 10+ years of experience in designing and executing complex data programs, including data extraction and analysis using R, Python, SQL, SAS
• 10+ years of experience acquiring, manipulating, and working with large heterogeneous datasets (claim and non-claim based) and using them to solve business problems
• 5+ years of experience creating efficient and scalable models and developing data storage and architecture solutions
• 5+ years of experience as a people and project manager
• 5+ years of experience leading meetings and presenting data insights to executive audience

Preferred Qualifications:

• 5+ years of experience working for a healthcare consulting practice
• Experience working with Medicaid programs, including LTSS, managed care, or state-sponsored initiatives
• Demonstrated expertise in Medicaid forecasting, trend analysis, or policy impact modeling
• Proven ability to execute in a highly matrixed organization with competing priorities
• Local to Eden Prairie, MN
• Located or Relocation to Minnesota

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 $132,200 to $226,600 annually based on full-time employment. We comply with all minimum wage laws as applicable.