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Stock Plan Associate Director

1 month ago

Minnetonka, Minnesota, United States UnitedHealth Group Full time

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.

Individual responsible for the accurate administration of UnitedHealth Group's equity award and employee stock purchase 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.

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 accurate administration of domestic and international equity award and employee stock purchase plans through third-party record keepers, trustees, actuaries and consultants
  • Oversees daily administrative activities; provides guidance and work direction to analyst-level team members
  • Establishes, maintains and fosters relationships with third-party record keepers, trustees, actuaries and consultants
  • Ensures 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
  • Ensures program policies, procedures, and provisions are documented, effective and followed. Recommend changes to reduce incidence of error
  • Resolves 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
  • Main point of contact for internal and external audits
  • Ensures plan documents and materials are timely and accurately amended
  • Collaborates with Financial Fitness and Total Rewards on the implementation of new plans, program features and changes to plans and/or administrative procedures
  • Oversees the merger of acquired plans into UnitedHealth Group's stock plans
  • Interacts with third-party vendors and internal team to ensure appropriate levels of performance. Periodically reviews internal and 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 Financial Fitness team special projects
  • Stays up-to-date on trends and developments related to equity award and employee stock purchase plans
  • Oversees equity award grant load and transaction reporting, and employee stock purchase plan enrollment and purchase activities
  • Prepares month-end reports in support of the GL close process
  • Prepares quarter-end reports in support of SEC filings
  • Prepares reports and equity award tables in support of annual Proxy Report
  • Provides reporting support for Executive Compensation, including material prepared for Board of Director/Compensation Committee meetings

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:

  • 5+ years stock plan experience including: plan sponsor, consulting, or administration experience with stock plans
  • Experience collaborating with outsourced stock plan service providers
  • Solid knowledge of MS-Office tools - Word, Excel, PowerPoint
  • Technical knowledge of administrative practices and all pertinent federal and state regulations affecting stock plan programs
  • Proven solid interpersonal, communication and collaborative team skills. Ability to effectively interact with and influence all levels of internal and external business partners
  • Proven solid consultative, facilitation, and project management skills
  • Proven organizational, project management, analytical and problem-solving skills
  • Proven ability to handle confidential and sensitive information with the appropriate discretion

Preferred Qualifications:

  • Professional designation (CEP)
  • Experience in a complex matrixed Fortune 100 organization
  • Proven ability to exercise independent judgment
  • Proven ability to work in a team environment with a client service focus
  • Proven ability to manage time well, prioritize effectively and handle multiple deadlines

*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, Washington, Washington, D.C. Residents Only: The salary range for this role is $104,700 to $190,400 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, 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.