UnitedHealth Group
Director, Nonqualified Plan Administration - Remote
UnitedHealth Group, Hopkins, Minnesota, United States, 55305
UnitedHealth Group is a health care and well-being company that’s dedicated to improving the health outcomes of millions around the world. We are comprised of two distinct and complementary businesses, UnitedHealthcare and Optum, working to build a better health system for all. Here, your contributions matter as they will help transform health care for years to come. Make an impact with a diverse team that shares your passion for helping others. Join us to start
Caring. Connecting. Growing together.In this role, you will be an integral part of the UHG Corporate Benefits team and report to the Vice President, Retirement Benefits. You will lead the administration of all nonqualified plans (e.g., top hat plans, SERPs, excess benefit plans).Responsible for nonqualified plan compliance with company policies and controls, and with the laws, regulations and rules issued or enforced by state, federal and foreign regulatory authorities about program administration and reporting. Responsible for all aspects of day-to-day program operations including third-party vendor management; researching, analyzing, and resolving issues; coordinating participant communication. Develops, executes, and supervises team members. Supports projects in partnership with human capital, legal, finance, accounting, payroll, communications, information technology, and other company professionals, including the implementation of a new Human Capital Management system.You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges.Primary Responsibilities:
Responsible for the management of day-to-day operations of all active and frozen nonqualified plansEnsure program policies, procedures, and provisions are effective, understood and followed. Implement efficiencies and process changes to reduce incidence of errorResearch, resolve, and communicate with leaders, legal, and regulatory agencies on escalated employee nonqualified plan issues and claimsProactive engagement with internal (e.g., payroll, strategy, administration, compliance, finance) and external stakeholders (e.g., vendors) to administer nonqualified plans and identify strategic opportunitiesLead relationship with third-party vendors providing guidance and assuring appropriate levels of performance as determined by the contract termsOversee the administration of acquired plans to ensure processes are compliant with plan provisions, guide the annual open enrollment process, if applicable, and ensure correct timing and taxation on contributions and distributionsStay current on trends and developments related to nonqualified retirement plans, including regulatory updatesUtilize internal and external data to identify opportunities to improve plan designs and strategyInterpret the results of data analyses and develop appropriate conclusions and recommendations to help guide people strategy and decision-makingMonitor and evaluate the impact (e.g., financial, employee experience) of initiativesDiscover and communicate meaningful patterns in data and provide context, insights, and analyticsPriorities will include:
Ensure nonqualified plan policies, procedures, and provisions are effective, documented, and followed. Recommend changes to reduce incidence of error, as neededEstablish detailed program participation and financial reporting for tracking and reporting purposesAnalyze newly acquired plan provisions and determine impact to employees who transfer within the Company or an affiliateYou’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:
7+ years of plan sponsor, consulting, or administration experience with nonqualified plans subject to Internal Revenue Code Section 409AExpert Microsoft Excel skillsSolid communication skillsSolid data acumen, including the ability to identify trends, anomalies and points requiring additional investigationAbility to consolidate raw data sets into themes and action plansCuriosity for learning and working in ambiguous environmentsSolid consultative, facilitation, and project management skills and the ability to exercise independent judgmentExperience leading teams (directly or indirectly)Ability to work in a team environment with a client service focusPreferred Qualifications:
Experience with mergers and acquisitionsExpert proficiency in PeopleSoft and Oracle HCM applicationsExpert in 401(k) Plan DesignUnderstanding of UnitedHealth Group businessFinance experience*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter PolicyCalifornia, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, or Washington Residents Only:
The salary range for this role is $122,100 to $234,700 annually. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers 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 UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.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.Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age,
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Caring. Connecting. Growing together.In this role, you will be an integral part of the UHG Corporate Benefits team and report to the Vice President, Retirement Benefits. You will lead the administration of all nonqualified plans (e.g., top hat plans, SERPs, excess benefit plans).Responsible for nonqualified plan compliance with company policies and controls, and with the laws, regulations and rules issued or enforced by state, federal and foreign regulatory authorities about program administration and reporting. Responsible for all aspects of day-to-day program operations including third-party vendor management; researching, analyzing, and resolving issues; coordinating participant communication. Develops, executes, and supervises team members. Supports projects in partnership with human capital, legal, finance, accounting, payroll, communications, information technology, and other company professionals, including the implementation of a new Human Capital Management system.You’ll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges.Primary Responsibilities:
Responsible for the management of day-to-day operations of all active and frozen nonqualified plansEnsure program policies, procedures, and provisions are effective, understood and followed. Implement efficiencies and process changes to reduce incidence of errorResearch, resolve, and communicate with leaders, legal, and regulatory agencies on escalated employee nonqualified plan issues and claimsProactive engagement with internal (e.g., payroll, strategy, administration, compliance, finance) and external stakeholders (e.g., vendors) to administer nonqualified plans and identify strategic opportunitiesLead relationship with third-party vendors providing guidance and assuring appropriate levels of performance as determined by the contract termsOversee the administration of acquired plans to ensure processes are compliant with plan provisions, guide the annual open enrollment process, if applicable, and ensure correct timing and taxation on contributions and distributionsStay current on trends and developments related to nonqualified retirement plans, including regulatory updatesUtilize internal and external data to identify opportunities to improve plan designs and strategyInterpret the results of data analyses and develop appropriate conclusions and recommendations to help guide people strategy and decision-makingMonitor and evaluate the impact (e.g., financial, employee experience) of initiativesDiscover and communicate meaningful patterns in data and provide context, insights, and analyticsPriorities will include:
Ensure nonqualified plan policies, procedures, and provisions are effective, documented, and followed. Recommend changes to reduce incidence of error, as neededEstablish detailed program participation and financial reporting for tracking and reporting purposesAnalyze newly acquired plan provisions and determine impact to employees who transfer within the Company or an affiliateYou’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:
7+ years of plan sponsor, consulting, or administration experience with nonqualified plans subject to Internal Revenue Code Section 409AExpert Microsoft Excel skillsSolid communication skillsSolid data acumen, including the ability to identify trends, anomalies and points requiring additional investigationAbility to consolidate raw data sets into themes and action plansCuriosity for learning and working in ambiguous environmentsSolid consultative, facilitation, and project management skills and the ability to exercise independent judgmentExperience leading teams (directly or indirectly)Ability to work in a team environment with a client service focusPreferred Qualifications:
Experience with mergers and acquisitionsExpert proficiency in PeopleSoft and Oracle HCM applicationsExpert in 401(k) Plan DesignUnderstanding of UnitedHealth Group businessFinance experience*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter PolicyCalifornia, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, or Washington Residents Only:
The salary range for this role is $122,100 to $234,700 annually. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers 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 UnitedHealth Group, you’ll find a far-reaching choice of benefits and incentives.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.Diversity creates a healthier atmosphere: UnitedHealth Group is an Equal Employment Opportunity/Affirmative Action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age,
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