Kara Loraus

Kara Loraus

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location of Kara LorausMinneapolis, Minnesota, United States

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  • Timeline

  • About me

    Vice President | People Team - Innovation & Future of Work at UnitedHealth Group

  • Education

    • University of Wisconsin-Madison

      2000 - 2004
      BA Psychology

      Activities and Societies: Alpha Phi 2000-2004 (New Member Education Chair '03-'04, VP of Marketing '02-'03); Mu Kappa Tau (marketing club); Humorology; largest student run philanthropy in the nation; 2000-2004 (Director '01-'02; Cast Spirit Award '00-'01; 3rd Place & Best Costumes - '02-'03)

    • University of St. Thomas - Opus College of Business

      2008 - 2011
      MBA MBA focus: Strategic Development & Org Behavior

      Expect to complete degree by 2011 with a focus on strategic development and organizational behavior.

  • Experience

    • Macy's North

      Jan 2004 - Jan 2008
      Planner

      Successfully managed $20M annual sales plan, determined seasonal growth opportunities by developing assortment plans at the location level based on lifestyle, demographics, and differentiation strategies.Directed and oversaw team through multiple system transitions, became an expert and 'go-to' person for my team and the division.Mentored & trained team members on baseline skills and beyond to help them better understand the business and achieve their career goals.In depth understanding of demographics by region and the impacts that a store's space constraints will have on their assortment Show less

    • Marshall Field's

      Aug 2004 - Jul 2006
      Senior Business Analyst

      Managed business through creation of seasonal plans, adhering to sales, turn, and profitability goals.Developed Back to School strategy for basics program resulting in a 104% increase over LY in 2005.Took on responsibility of developing and presenting monthly forecast at monthly Open To Buy meetings

    • Macy's

      Jul 2006 - May 2008
      Planner

      Developed and presented location plans & strategies by appropriate hierarchy, department and vendor/class based on trend, store profiles, competition, lifestyle, demographics, & seasonal conversion issues. Partner with Buying to determine seasonal targets.Ensure that the quantity of space allocated in each store for each business supports the expected corresponding sales potential and inventory needs.Lead team in partnership with buyer. Train and develop associate/assistant buyers and planners. Show less

    • Emerging Solutions

      May 2008 - Feb 2010
      HCM Consultant

      Emerging Solutions is a professional services firm helping global and mid market firms maximize the benefits of business applications by using leading edge technology. We implement, upgrade and integrate innovative custom solutions and packaged applications from leading software vendors.The HCM team utilizes PeopleSoft to deliver business solutions based on the clients needs.

    • EY

      Feb 2010 - Oct 2018

      Kara Loraus is a Senior Manager in the HR Performance Improvement service offering of EY’s Human Capital practice. She has nearly 10 years of experience advising on Human Capital strategy focusing on service delivery transformation, process design and improvement, and HR Technology enablement across many industries. She has worked on multiple HR projects helping clients improve the value and reduce the costs of HR operations through improving processes, transforming the HR function, and developing & implementing technology strategies and solutions. She has also been responsible for advising on the selection and roll-out of major HR systems applications in support of multiple HR transformation projects. Show less Multiple ERP engagements from enterprise wide implementations to upgrades and optimizations. 7+ years of industry experience.Functional expertise in PeopleSoft HCM Technology with experience in Core HR, Base Benefits, Benefits Administration, Payroll, Self Service functionality, and various 3rd Party vendor integrationsBusiness case development and PMO support for global rollout of PeopleSoft HCM and payroll interface design for large manufacturing company. Worked closely with key stakeholders to ensure seamless transition to new HCM solution and no interruption to employee payroll processingLead payroll consolidation analysis and implementation effort for large pharmaceutical company to streamline overall payroll processing effort, focusing on reducing the number of weekly payrolls required, simplifying the tax reporting/tax filing process, and thorough impact analysis to identify and address impacts to reporting, integrations, and interfaces. Served as the HR technology lead in the development of a global, stand-alone HR & Payroll organization for a large manufacturing company. Key activities for this engagement included assisting the client through the vendor assessment process for a global HR and Payroll solution as well as providing PMO support throughout the implementation process. Show less

      • Senior Manager | Human Capital - HR Performance Improvement

        Oct 2014 - Oct 2018
      • Manager - Human Capital | HR Performance Improvement

        Oct 2010 - Sept 2014
      • Senior Consultant - Performance & Reward

        Feb 2010 - Oct 2010
    • UnitedHealth Group

      Oct 2018 - now
      • Vice President | People Team - Innovation & Future of Work

        May 2024 - now
      • Vice President | Human Capital - Mergers & Acquisitions

        Jun 2021 - Jun 2024
      • VP - Human Capital Technology

        Oct 2018 - Jun 2021
  • Licenses & Certifications