Underwriting Consultant - Remote

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 Rx is a leader in pharmacy benefits management, dedicated to delivering cost-effective, high-quality prescription drug programs that improve patient outcomes. We work with health plans, employers, and government programs to create sustainable, data-driven pharmacy solutions.

Our team blends deep industry expertise with advanced analytics to help clients navigate the evolving pharmacy landscape. We are seeking an Underwriting Consultant to play a pivotal role in pricing strategies, risk assessment, and financial modeling for health plan contracts and renewals.

The Underwriting Consultant will be responsible for developing, analyzing, and presenting financial models and risk assessments for health plan clients. This role requires a deep understanding of pharmacy claims data, drug trend analysis, and actuarial concepts to ensure competitive yet sustainable pricing.

You will partner closely with sales, account management, finance, and clinical teams to provide analytical insights that support growth, profitability, and retention in the PBM market.

You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities:

• Develop and maintain financial models to evaluate pricing proposals, renewals, and contract terms
• Analyze pharmacy claims data to assess utilization trends, cost drivers, and projected savings
• Collaborate with actuarial teams to forecast drug trend, rebate impact, and specialty drug costs
• Partner with sales and account management to create competitive pricing strategies that align with client objectives and profitability goals
• Review contractual terms to ensure pricing aligns with financial models and profitability requirements
• Monitor competitive market trends and emerging risks in the PBM space

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:

• 2+ years of experience in underwriting, actuarial analysis, or financial modeling in the PBM industry
• 2+ years of experience with pharmacy claims, rebate structures, specialty drug pricing, and PBM market dynamics
• Solid analytical skills with 2+ years of Excel experience

Preferred Qualifications:

• Excellent written and verbal communication skills, including the ability to present complex findings to both technical and non-technical audiences
• Ability to manage multiple priorities in a fast-paced environment

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy.

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 $71,200 to $127,200 annually based on full-time employment. We comply with all minimum wage laws as applicable.

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.