Director, Nonqualified Plan Administration - Remote

UnitedHealth Group
Hopkins, Minnesota, US
$122.1K-$234.7K a year
Remote
Full-time
We are sorry. The job offer you are looking for is no longer available.

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 plans
  • Ensure program policies, procedures, and provisions are effective, understood and followed. Implement efficiencies and process changes to reduce incidence of error
  • Research, resolve, and communicate with leaders, legal, and regulatory agencies on escalated employee nonqualified plan issues and claims
  • Proactive engagement with internal (e.g., payroll, strategy, administration, compliance, finance) and external stakeholders (e.

g., vendors) to administer nonqualified plans and identify strategic opportunities

  • Lead relationship with third-party vendors providing guidance and assuring appropriate levels of performance as determined by the contract terms
  • Oversee 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 distributions
  • Stay current on trends and developments related to nonqualified retirement plans, including regulatory updates
  • Utilize internal and external data to identify opportunities to improve plan designs and strategy
  • Interpret the results of data analyses and develop appropriate conclusions and recommendations to help guide people strategy and decision-making
  • Monitor and evaluate the impact (e.g., financial, employee experience) of initiatives
  • Discover and communicate meaningful patterns in data and provide context, insights, and analytics

Priorities will include :

  • Ensure nonqualified plan policies, procedures, and provisions are effective, documented, and followed. Recommend changes to reduce incidence of error, as needed
  • Establish detailed program participation and financial reporting for tracking and reporting purposes
  • Analyze newly acquired plan provisions and determine impact to employees who transfer within the Company or an affiliate

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 :

  • 7+ years of plan sponsor, consulting, or administration experience with nonqualified plans subject to Internal Revenue Code Section 409A
  • Expert Microsoft Excel skills
  • Solid communication skills
  • Solid data acumen, including the ability to identify trends, anomalies and points requiring additional investigation
  • Ability to consolidate raw data sets into themes and action plans
  • Curiosity for learning and working in ambiguous environments
  • Solid consultative, facilitation, and project management skills and the ability to exercise independent judgment
  • Experience leading teams (directly or indirectly)
  • Ability to work in a team environment with a client service focus

Preferred Qualifications :

  • Experience with mergers and acquisitions
  • Expert proficiency in PeopleSoft and Oracle HCM applications
  • Expert in 401(k) Plan Design
  • Understanding of UnitedHealth Group business
  • Finance experience
  • All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy

California, 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,

Read the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required.

J-18808-Ljbffr

Remote working / work at home options are available for this role.

6 days ago
Related jobs
Promoted
UnitedHealth Group
Minnetonka, Minnesota
Remote

You will lead the administration of all nonqualified plans (e. 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....

UnitedHealth Group
Minnetonka, Minnesota
Remote

You will lead the administration of all nonqualified plans (e. 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....

Promoted
Marvin
Eagan, Minnesota

At Marvin, members of our in-house Creative Studio are the curators, innovators and creators of our brand expression across all our audiences and communication channels.As an industry leader in custom-crafted windows and doors, we enable the vision of the most innovative and creative architects and ...

Promoted
Ulteig
Minneapolis, Minnesota

Ulteig has an opportunity to hire a Senior Project Manager to work specifically with transportation projects for the various states' Department of Transportation offices, ideally TXDOT, CDOT, SDDOT, or NDDOT. The Senior Project Manager will be responsible for the successful initiation, planning, exe...

Promoted
Anaplan
Minneapolis, Minnesota

ABM & Digital Marketing Manager- AI. Develop and execute marketing programs that drive. Marketing teams to execute campaigns. Partner closely with Field Marketing to ensure our AMER, EMEA, and APAC regional teams are well-supported. ...

Promoted
General Dynamics Mission Systems
Bloomington, Minnesota

Earned Value (EVM) and Project Controls Manager. Bachelor's degree or equivalent is required plus a minimum of 8 years of relevant experience; or Master's degree plus a minimum of 6 years of relevant experience to meet managerial expectations. This manager will mentor employees in both current assig...

Promoted
Interim HealthCare of the Twin Cities
Spring Park, Minnesota

Home Care Licensed Practical Nurse (LPN):  ....

Promoted
Sleep Number
Minneapolis, Minnesota

Planning Manager, New Customer Marketing. As Planning Manager, you will organize the efforts of multiple teams and coordinates effective cross-functional promotional marketing plans with a focus on development, integration, communication and measurement. Lead the development and alignment of interna...

Promoted
Wenger Corporation
Minneapolis, Minnesota

Wenger Corporation is a privately held, leading manufacturer of high-quality music education, performing arts and athletic products. Performing Arts Installations Lead. Knowledge of performing arts industry. As a Performing Arts Installation Lead, a typical day might include:. ...

Trane Technologies
Minneapolis, Minnesota

Program Managers take P&L accountability for all program/ project activity through product launch. Directs and coordinates activities of program personnel to ensure programs progress on schedule and within budget while meeting established customer requirements. Manages intra-program dependencies...