Retirement Benefits Compliance Specialist

4 days ago


Minnetonka, Minnesota, United States UnitedHealth Group Full time
Compliance Consultant for Employee Benefits

UnitedHealth Group is a leading health care and well-being company dedicated to improving health outcomes worldwide. Our team is comprised of two distinct businesses, UnitedHealthcare and Optum, working together to build a better health system for all. As a Compliance Consultant for Employee Benefits, you will play a critical role in ensuring the compliance of our qualified and nonqualified plans with relevant laws and regulations.

Key Responsibilities:
  • Oversee the preparation and submission of IRS/DOL filings, including Form and Form filings
  • Assist with the preparation, review, and distribution of required plan notices, including safe harbor notices, fee disclosures, and summary annual reports
  • Support communications processes and develop or review content to ensure alignment with retirement plans
  • Maintain awareness and understanding of new and existing laws, regulations, and guidance applicable to the plans, including ERISA
  • Ensure compliance with company policies and controls, and with the laws, regulations, and rules issued or enforced by state and federal regulatory authorities on the subject of plan administration, reporting, disclosure, and filing requirements
Requirements:
  • 5+ years of employee benefits compliance and/or (k) plan experience in a fast-paced, results-oriented environment
  • Solid working knowledge of ERISA and (k) rules and other benefit and regulatory requirements
  • Experience in the following areas: research and analysis of qualified and nonqualified plan laws and regulations, drafting and reviewing Summary Plan Descriptions, Form filing, and nondiscrimination testing support
  • Ability to handle confidential and sensitive information with appropriate discretion
  • Ability to prioritize multiple projects and deadlines
Preferred Qualifications:
  • Comfortable working in a fast-paced, matrixed environment
  • Self-directed analytical and problem-solving skills
  • Excellent verbal and written skills
  • Solid time management, organization, and project management skills

At UnitedHealth Group, we are committed to creating a healthier atmosphere by promoting diversity and inclusion. We are an Equal Employment Opportunity/Affirmative Action employer and welcome applications from qualified candidates of all backgrounds. UnitedHealth Group is a drug-free workplace, and candidates are required to pass a drug test before beginning employment.



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