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Vice President, Physician Compensation - Minnetonka, MN or Telecommute

Company: UnitedHealth Group
Location: Minnetonka
Posted on: January 5, 2022

Job Description:

Mission and Purpose - This role is focused on:

  • Driving complex corporate and business segment projects/initiatives to completion through design, implementation and maintenance phases. Focus is on providing compensation consulting and analytical support for physician, Advanced Practice Providers and other Care delivery compensation programs
  • This position acts as an internal and external consultant to the organization, developing analytic methodologies and report formats. Responsibilities include assisting with the process of collection, analysis and reporting of data specific to organization wide physician specialty reimbursement in order to assure consistent, timely and accurate payments
  • Assisting compensation leadership to design and implement complex business segment compensation strategies, policies, programs, and communications within the corporate compensation philosophy framework
  • Assisting the compensation leadership in the design, implementation, and maintenance of the most complex and state-of-the-art corporate compensation programs and products and representing the business segments in corporate design efforts You'll enjoy the flexibility to telecommute* from anywhere within the U.S. as you take on some tough challenges.

    Major Responsibilities
    • Responsible for physician compensation project work including: design, consulting, implementation and administration of physician compensation programs, assemble compensation packages, analytic support of physician compensation programs
    • Gain consensus on physician compensation philosophy and desired strategy
    • Perform quantitative and qualitative analysis of healthcare and financial data to support program management for all roles in care delivery. This includes analyzing compensation plans of existing businesses and provide summary for leadership review
    • Provide recommendations on compensation model and metrics that incent physician productivity and performance and aligns with the organizational and financial objectives of the business
    • Assist leadership with determining desired market position for total cash compensation
    • In collaboration with the business and leaders, develop general compensation design template (with decision making on metrics at local level)
    • Act as an internal and external consultant to the physician organization, responsible for building strong relationships with physician leaders of each business to ensure effective compensation solutions and strengthen physician engagement
    • Salary survey participation and analysis, and conduct annual review of market data and communicate compensation range information
    • Build strong relationships with physician leaders of each business to ensure effective compensation solutions and strengthen physician engagement.
    • Conduct annual review of market data and communicate range information. Performs annual compensation reviews and constructs templates for each individual by analyzing information and evaluating results. Provides compensation support through survey participation and analysis, assembling compensation packages, conducting analyses requested by the governing board of the clinic
    • Responds to inquiries regarding their total cash compensation, incentive and productivity information, salaries deductions, overtime pay, etc. Compiles, categorizes, calculates, tabulates, audits and verifies physician earnings, quality indicators, RVUs, coding and productivity information for pay change recommendations
    • Liaison for participation in external surveys, provides annual presentation of survey information to leaders
    • Ensures appropriate interpretation of pay practices and board of director rules
    • Performs compensation functions such as: implementing/administration of physician compensation programs, assembling of compensation packages, participating in salary surveys and analyzing survey data, providing analytic support on compensation projects
    • Works on the most complex compensation projects. Independently drives and completes the projects with little to no oversight
    • Work with the compensation leadership to proactively identify value added compensation initiatives
    • Works directly with Human Capital Partners on complex field initiated projects, generally with no oversight
    • Evaluates new physician jobs for appropriate title and grade, typically at the manager and director levels
    • Remain abreast of best practices and thought in the compensation field
    • Directly manage Compensation resources in the design and administration of sales incentives and total reward programs 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:
      • BA/BS degree in Business or Human Resources related field or equivalent compensation experience.
      • Demonstrated ability to partner with multiple constituents, manage in a matrix relationship environment, strengthen and deliver on our Compensation agenda, and drive positive change in a high performance setting
      • 8+ years of compensation experience, including experience with analysis and understanding of physician practice metrics. This includes business acumen and an understanding of physician practices
      • Deep understanding of and practical experience in applied compensation principles, methods and tools including technical expertise in a multiple of the following: market analysis, compensation program design, development, and implementation, variable pay (including sales), salary planning/forecasting, acquisitions, and alternative reward design techniques
      • Strong business and financial acumen
      • Proven leadership consulting skills from assessment through implementation
      • Demonstrated ability to measure and evaluate effectiveness of compensation initiatives
      • Strong history of quickly building relationships, gaining credibility, influencing and partnering with business leaders and human capital peers across the organization
      • Experience working in a human resources or business function with a strategic business partner and shared service delivery model strongly preferred
      • Strong change management skills
      • Full COVID-19 vaccination is an essential requirement of this role. UnitedHealth Group will adhere to all federal, state and local regulations as well as all client requirements and will obtain necessary proof of vaccination prior to employment to ensure compliance Preferred Qualifications:
        • Professional certifications, such as CCP
        • Clinical degree
        • 8+ years of experience, with demonstrated management and high level project management lead experience UnitedHealth Group requires all new hires and employees to report their COVID-19 vaccination status.

          UnitedHealth Group is working to create the health care system of tomorrow.

          Already Fortune 6, 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.

          Colorado, Connecticut or Nevada Residents Only: The salary range for Colorado / Connecticut / Nevada residents is $169,500 to $322,500. Pay is based on several factors including but not limited to education, work experience, certifications, etc. 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

          *All Telecommuters will be required to adhere to UnitedHealth Group's Telecommuter Policy.

          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 Kewords: Vice President, Physician, Compensation, VP, Minnetonka, MN, Minnesota, Telecommute, Telecommuter, Telecommuting, Work from Home, Work at Home, Remote

Keywords: UnitedHealth Group, Minnetonka , Vice President, Physician Compensation - Minnetonka, MN or Telecommute, Healthcare , Minnetonka, Minnesota

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