With the excavation of a metro station in a confined water-rich stratum as our background, the sensitivity of four typical recharge parameters is analyzed by using numerical simulation. Based on the orthogonal analysis method, an optimal recharge scheme was obtained. The results show that the main influential factors of ground settlement and groundwater recovery are recharge pressure and recharge depth. The main influential factor of retaining structure deformation and influence radius of recharge is the distance between the recharge wells and the foundation pit. For the groundwater recharging of a deep excavation in the water-rich confined area of Jinan, China, the optimal effect can be achieved when setting recharge wells with a depth of 50 m arranged in a line with a spacing of 10 m at a horizontal distance of 20 m away from the retaining wall and recharge pressure is 40 kPa. With the same construction difficulty, the maximum settlement in optimized scheme decreased 71.19%, the flux of groundwater recovery increased 11.96%, the maximum horizontal displacement of the wall decreased 15.61%, and the influence radius of recharge enlarged 8.62% compared to original scheme.