UHG

About UHG

Careers at UnitedHealth Group

 

We have modest goals: Improve the lives of others. Change the landscape of health care forever. Leave the world a better place than we found it. Such aspirations tend to attract a certain type of person. Crazy talented. Compassionate. Driven. To these individuals, we offer the global reach, resources and can-do culture of a Fortune 5 company. We provide an environment where you’re empowered to be your best. We encourage you to take risks and in return, offer a world of rewards and benefits for performance. Exceeding your limits is an exceptional start to your life's best work.SM

 

Just like you, we are driven by a set of fundamental principles that are guiding our way forward. Our values of integrity, compassion, relationships, innovation, and performance serve as a foundation to transform health care. Are you in? Learn more about your future at UnitedHealth Group at careers.unitedhealthgroup.com

 

Job Category:

Human Capital

Country:

US

Approximate Salary:

Not Specified

Position Type:

Full Time

Retirement Consultant, Human Capital Total Rewards - Minnetonka, MN

UHG - Minnetonka, Minnesota

Posted: 10/20/2018

Here, you'll help attract, lead, support and reward our most valuable asset: our high caliber people. Here, you're expected and empowered to be your best, to grow and to develop your skills. Be prepared to move quickly, to engage proactively, and to think strategically. Join us and help people live healthier lives while doing your life's best work.(sm)

The Retirement Consultant is responsible for the accurate administration of the OptumCare qualified and nonqualified retirement plans; ensures administrative processes, procedures and controls facilitate effective administration and service delivery.  Responsible for program compliance with company policies and controls, and with the laws, regulations and rules issued or enforced by state, federal and foreign regulatory authorities on the subject of program administration, reporting, disclosures and filing requirements.   Develops, executes, and supervises projects in partnership with human capital, legal, finance, accounting, payroll, communications, information technology, and other company professionals.    Primary Responsibilities:
  • Responsible for the accurate administration of domestic qualified and nonqualified retirement plans through third-party record keepers, trustees, and consultants
  • Oversee daily administrative activities; provide guidance and work direction to Wealth Analysts
  • Establish, maintain and foster relationships with third-party record keepers, trustees, and consultants
  • Ensure compliance with company policies and controls, and with the laws, regulations and rules issued or enforced by state, Federal and foreign regulatory authorities on the subject of program administration, reporting, disclosure and filing requirements
  • Ensure program policies, procedures, and provisions are documented, effective and followed.  Recommend changes to reduce incidence of error
  • Resolve issues. Ensures consistent application of provisions and compliance with applicable laws and regulations. Escalates issues to management team as needed to assure prompt and accurate resolution. Identifies root cause of issues and leads issue resolution efforts
  • Oversees the preparation and submission of IRS / DOL filings; assists with the preparation, review and distribution of plan notices
  • Main point of contact for internal and external audits
  • Ensure plan documents and materials are timely and accurately amended
  • Collaborates with the Associate Financial Fitness Director on the implementation of new plans, program features and changes to plans and/or administrative procedures
  • Partner closing with the Director of M&A on retirement plan merger activity
  • Interacts with third-party vendors and internal team to ensure appropriate levels of performance. Reviews third party activities for quality
  • Reviews communication drafts for accuracy, detail and completeness. Works with business partners and human capital team members as needed to identify education and training needs. Coordinates benefit education and training initiatives
  • Measures program effectiveness based on established criteria to determine whether programs are 1) meeting their objectives, 2) furthering specific business outcomes and 3) complimenting the total rewards strategy.  Responsible for plan reporting and analysis
  • Prepares documentation of change needs and assists with the review and testing of related materials and systems
  • Participates in wealth team special projects
  • Stays up-to-date on trends and developments related to qualified and non-qualified retirement plans

 

Successful candidates will thrive in a team environment with a client service focus, and will demonstrate strong interpersonal, communication and collaborative team skills; ability to effectively interact with and influence all levels of internal and external business partners; independent judgement; proven organizational, analytical and problem-solving skills



 Required Qualifications:
  • Bachelor’s degree or equivalent
  • 4+ years of retirement benefit plan experience including: plan sponsor, consulting, or administration experience with qualified retirement plans
  • Experience managing outsourced benefits service providers
  • Technical knowledge of administrative practices and all pertinent federal and state regulations affecting wealth programs
  • Strong knowledge of MS Office tools - Word, Excel, Project, PowerPoint

Preferred Qualifications:

  • Experience in a complex, matrixed, Fortune 100 organization    

Careers at UnitedHealth Group. We have modest goals: Improve the lives of others. Change the landscape of health care forever. Leave the world a better place than we found it. Such aspirations tend to attract a certain type of person. Crazy talented. Compassionate. Driven. To these select few, we offer the global reach, resources and can-do culture of a Fortune 5 company. We provide an environment where you're empowered to be your best. We encourage you to take risks. And we offer a world of rewards and benefits for performance. We believe the most important is the opportunity to do your life's best work.(sm)

     

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, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.     

 

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

       

Job Keywords:  Retirement, Financial Fitness, Total Rewards, Benefits, Compensation, HR, Minneapolis, Minnetonka, MN, Minnesota

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