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Hours Full-time, Part-time
Location Minnetonka, MN
Minnetonka, Minnesota

About this job

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)
 
Individual responsible for the accurate administration of the Optum360 qualified 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.
 
Primary Responsibilities:

Responsible for the accurate administration of domestic qualified retirement plans through third-party record keepers, trustees, actuaries 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, actuaries 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
Oversees the preparation and submission of IRS/DOL filings; assists with the preparation, review and distribution of plan notices
Oversees non-discrimination testing activities
Main point of contact for internal and external audits
Collaborates with the Wealth Operations Manager on the implementation of new plans, program features and changes to plans and/or administrative procedures
Oversees the merger of acquired plans into the UnitedHealth Group 401(k) Savings Plan
Oversees deferred compensation plan enrollment activities
 

Requirements

Required Qualifications:

Bachelor's degree is preferred or equivalent work experience
Four plus years benefit plan experience including: plan sponsor, consulting, or administration experience with qualified retirement plans
Technical knowledge of administrative practices and all pertinent federal and state regulations affecting wealth programs
Strong interpersonal, communication and collaborative team skills. Ability to effectively interact with and influence all levels of internal and external business partners
Strong consultative, facilitation, and project management skills
Ability to exercise independent judgment
Proven organizational, analytical and problem-solving skills
Proficiency with Word and Excel
Ability to work in a team environment with a client service focus
Ability to handle confidential and sensitive information with the appropriate discretion
Ability to manage time well, prioritize effectively and handle multiple deadlines
Preferred Qualifications:

Experience managing outsourced benefits service providers
Experience in a complex matrixed Fortune 100 organization
UnitedHealth Group is working to create the health care system of tomorrow. Already Fortune 14, we are totally focused on innovation and change. We work a little harder. We aim a little higher. We expect more from ourselves and each other. And at the end of the day, we're doing a lot of good.Through our family of businesses and a lot of inspired individuals, we're building a high-performance health care system that works better for more people in more ways than ever. Now we're looking to reinforce our team with people who are decisive, brilliant - and built for speed.Come to UnitedHealth Group, and share your ideas and your passion for doing more. We have roles that will fit your skills and knowledge. We have diverse opportunities that will fit your dreams.
Diversity creates a healthier atmosphere: 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.
 
Keywords: nonqualified plan analysis, retirement benefits, Minnetonka, MN, Minnesota