Director of Actuarial Services - Remote
Optum · Eden Prairie, MN · 2 days ago
Management$135k–$200k/yrFull-time
Primary Responsibilities
- Lead the development and oversight of actuarial models and forecasts to support value-based Medicare Advantage, Commercial, and Medicaid risk arrangements
- Develop and recommend actuarially sound financial terms to effectively manage risk in risk based arrangements
- Analyze large, complex financial, claims, utilization, and cost data sets to assess performance, risk, and opportunities
- Translate complex analytical findings into clear, actionable insights for operators, provider partners, finance leadership, and senior executives
- Provide actuarial expertise and strategic recommendations to support contract negotiations, performance tracking, and risk management
- Drive strategic initiatives, process improvements, and innovation through predictive modeling and creative problem solving
- Possess the ability to identify cost mitigation opportunities and support enterprise-wide initiatives
- Ensure day-to-day execution of actuarial and analytic work, ensuring quality, efficiency, and alignment with business goals
- Communicate effectively with technical and non-technical audiences through presentations, discussions, and written materials
- Serve as a key resource for risk-taking provider organizations and physician groups
- Manage, mentor, and develop a team of managers and analysts, including performance management, talent development, and succession planning
Required Qualifications
- ASA (Associate of the Society of Actuaries)
- 5+ years of actuarial experience with foundational literacy in healthcare analytics and modeling
- 3+ years of experience with any of the following: Medicare Advantage (MA) products, Medicare bids, and/or VBC modeling
- 2+ years of experience managing actuarial analysts
- Proficiency in Excel and SQL
- Proven 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
- FSA, or progress toward FSA (Associate/Fellowship of the Society of Actuaries) designation
- Experienced presenting business insights and summaries to inform decisions to stakeholders
- Proven ability to self-motivate, quickly learn new business concepts and take initiatives