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Actuarial Analyst Development Program

Job in Minnetonka, Hennepin County, Minnesota, 55345, USA
Listing for: UnitedHealthcare
Full Time position
Listed on 2025-11-03
Job specializations:
  • Finance & Banking
    Financial Analyst, Actuary
Salary/Wage Range or Industry Benchmark: 58800 - 105000 USD Yearly USD 58800.00 105000.00 YEAR
Job Description & How to Apply Below
Position: Actuarial Analyst Development Program - January 2026 Start

Actuarial Analyst Development Program – January 2026 Start

Join to apply for the Actuarial Analyst Development Program – January 2026 Start role at United Healthcare
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At United Healthcare, we’re simplifying the health care experience, creating healthier communities, and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable, and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together.

What makes your actuarial career greater with United Health Group? Actuaries are the decision‑making engine for our business, which is why we support you from day one. We offer a competitive study program with paid time off to study, expense reimbursement for study materials, and pay raises for passing exams. Advancement, access to data, variety of product lines, and rewards for delivering on our mission ensure you are always challenged to do your best.

This position will be located on‑site at United Health Group’s office in either Minnetonka, MN or Phoenix, AZ and will have a hybrid work arrangement model. United Health Group is not able to offer relocation assistance for this position.

Program Overview

The Actuarial Analyst role supports United Healthcare’s Community & State (C&S) line of business and is part of the Actuarial Leadership Development Program (ALDP). The mission of the ALDP is to develop credentialed actuaries and equip them with the skills and experience to become United Health Group’s future business leaders. The program emphasizes education by encouraging and supporting the pursuit of the Fellow of the Society of Actuaries designation and continued training and development.

It builds relationships and experience by providing exposure to a broad range of challenges and businesses through various rotations, with career advancement tied to the rotation process. As part of the ALDP, candidates have access to a wide range of resources including professional development, leadership development, exam/education support, and compensation awards tied to the SOA curriculum.

Primary Responsibilities
  • Assist in preparing and submitting commercial rate filings, including Small Group ACA and Large Group products.
  • Assist in developing rate recommendations to internal business leaders.
  • Provide input on market strategy, including competitive analysis, ad hoc actuarial studies, and other market‑specific projects.
  • Perform pricing of new products and/or plan designs using the company’s proprietary medical and pharmacy benefit pricing tool.
  • Perform rate implementation by updating and maintaining the rating systems for both Small Group and Large Group.
Required Qualifications
  • Currently in the final year of obtaining a bachelor’s or master’s degree from an accredited college/university or obtained the degree within the last 24 months; degree must be obtained prior to start of employment in January 2026.
  • Bachelor or master’s degree in Actuarial Science, Mathematics, Statistics or a related technical field from an accredited college/university.
Preferred Qualifications
  • Completion of one or more actuarial exams.
  • Previous actuarial internship experience or an internship in a related field.
  • Intermediate level proficiency working with Microsoft Excel, including formulas, calculations, pivot tables, charts, and graphs.
Pay and Benefits

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. The salary for this role will range from $58,800 to $105,000 annually based on full‑time employment. In addition to your salary, we offer benefits such as a comprehensive benefits package, incentive and recognition programs, equity stock purchase, and 401(k) contribution (all benefits are subject to eligibility requirements).

We comply with all minimum wage laws as applicable.

Equal Employment Opportunity

At United Health Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone—regardless of race, gender, sexuality, age, location,…

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