What is an Actuary?
Actuaries are the professionals responsible for providing expert advice on the management of risk. They help companies determine the cost of a wide variety of products including most health insurance and retirement plans. But an actuary’s field of expertise isn’t limited to the insurance business. Anywhere there is financial risk involved, you’ll find an actuary determining ways to control that risk. Investment plans, new business opportunities, even natural disasters, they all require the unrivaled skills of an actuary.

How do Actuaries fit in at UnitedHealth Group?
In the complex world of health care, UnitedHealth Group actuaries are the lifeblood of our business. They provide the analysis to support our cost management and pricing activities. Medical expenses are our largest cost of doing business. They are complex and ever changing. To accurately price our business it is essential that we have a thorough understanding of how medical costs are trending on both a macro and micro level. This is where our actuaries come in. They drive our bottom line by providing this complex analysis. It takes the best minds in the business to decipher where medical costs are headed.