Director of Real Estate
UnitedHealth Group is a health care and well-being company that's dedicated to improving the health outcomes of millions around the world. 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.
The Director leads all transaction acquisition, disposition and development activities within an assigned region. Property sector encompasses administrative, medical, and pharmaceutical services. The Director is responsible for developing real estate strategies and ensuring transaction delivery at optimal cost, quality and flexibility. If you are located in Los Angeles, CA or Seattle, WA, you will have the flexibility to work remotely
- as you take on some tough challenges.
Primary Responsibilities
Regional Transactions OversightFeasibility- Lead analyses of new, relocation, contraction and disposition opportunities. Shape conceptual scope, model financials and deliver actionable strategies with targeted capital investment and customer approval before proceeding with tactical transaction management and project delivery. Provide direction to design & construction on expected outcomes and deadlinesAcquisitions. Identify assets ideal to own. Lead buy vs lease analyses and steer deal execution end-to-end. Tightly manage high value, high profile transactions to ensure best in class value deliveryDeNovo Development- Lead opportunistic efforts to landbank and develop property when existing real estate does not meet short or long-term growth objectives. Responsibilities include defining requirements, market survey oversight, navigation of entitlements, identifying of capital fundingDispositions- Mitigate financial risk associated with site which are no longer mission-critical to UnitedHealth or its subsidiaries. Dispose of surplus space quickly, at optimal cost, through subleases, sales, terminations, buyouts and assignments thereby delivering higher enterprise profit, reduced financial liability and a healthier balance sheetFinancial ManagementEnsure financial compliance with business objectives, target future financial outcomes (region, sector specific)Team LeadershipManage and mentor a team of real estate professionals, ensuring their development and performance. Team of 4-6+ (outsourced) dedicated account staff, and a network of third-party providersStakeholder RelationsBuild and maintain solid internal and external relationships with key stakeholders, including executive business leadership, multi-site landlords and development partnersLegal & Risk ManagementEnsure real estate legal contracts meet enterprise and business requirements, including accurate translation best-and-final terms into final, binding legal contractsRegulatory ComplianceEnsure that all real estate activities comply with relevant laws and regulations. Ensure regulatory risk is identified, classified and mitigated during acquisition and disposition activityYou'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
7+ years of experience in transactions management, including acquisitions, dispositions, development, and property administrationProven knowledge of relevant laws and regulations in real estateAbility to travel up to 40%Soft Skills
Current or prior experience on the Real Estate teamProven ability as a skilled deal makerProven experience managing large real estate portfolios in a high volume, fast paced environment fueled by aggressive mergers, acquisition and disposition activitySolid strategic planning and financial and accounting analysis skillsExcellent leadership, key stakeholder and team management abilitiesAll employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary for this role will range from $110,200 to $188,800 annually based on full-time employment. We comply with all minimum wage laws as applicable.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. 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.
UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.