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Posted : Monday, May 06, 2024 10:06 PM
General Description:
Working under the regional EB Counsel, the Compliance Specialist is responsible for communicating ongoing and changing laws affecting health and welfare plans, including ACA, ERISA, the Code, HIPAA, and COBRA.
The compliance professional will help respond to day-to-day client and consultant inquiries, along with preparing compliance presentations and responding to RFP's.
Responsibilities: Establish effective working relationships with internal staff, clients and carriers Will function as part of a national team of compliance experts to meet the overall objectives for the health and welfare compliance team Research, read, evaluate and edit articles, alerts and other materials for publication or distribution to internal and external clients Gather materials, perform research, and assist client service team in the formulation of strategies to solve client problems related to ERISA, ACA, the Code, HIPAA and COBRA issues affecting health and welfare plans Develop and maintain compliance education tools for health and welfare compliance Create and deliver presentations to internal staff and to external clients and prospects Monitor and identify legal developments such as relevant statutes, regulations, case law and legal articles affecting employee benefit plans Maintain and update compliance library resources, including cross checking and validating that information is up-to date Respond to RFP requests Knowledge, Skills and Abilities: College degree required and J.
D.
preferred Must be a self-starter, and demonstrate cooperation and collaboration in team settings Ability to work with a diverse set of individuals and personalities Keeps informed regarding industry information, new product information and technology to continuously improve knowledge and performance Ability to prioritize and juggle multiple competing/conflicting client and internal deadlines with minimal support or supervision by regional EB Counsel Able to quickly assess and learn organizational roles, responsibilities and process flows Maintain a cordial and effective relationship with internal clients, team members and vendors Prior experience in employee benefits law or experience in compliance consulting on these issues is desired Must be proficient with computers and quickly competent with new technology tools.
Specifically, must have full competence with MS Office Suite products and Adobe products Experience with ERISA required, and preferred thorough understanding of the various federal laws that impact health and welfare plans including ACA, COBRA, HIPAA, FMLA and Internal Revenue Code Strong research and writing skills and experience with interpreting statutes and regulations.
Remains informed regarding industry information and new product information Must have strong interpersonal and verbal skills Must have strong organizational and time management skills Some travel required 20-30% #LI-JK2 GLDR #LI-hybrid Why USI? With more than $2.
5 billion in revenue and over 10,000 associates across 200+ offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world.
At USI, we have created one of the most dynamic personal and professional development cultures in the industry.
We invest heavily in our associates, and we take pride in celebrating their growth and success through our one-of-a-kind employee reward and recognition programs.
We invite you to learn more about what makes USI an exceptional place to work! Unrivaled Resources and Support What truly distinguishes USI as a premier insurance brokerage and consulting firm is the USI ONE Advantage®, a game-changing value proposition that delivers to clients a robust set of risk management and benefit solutions with bottom-line financial impact.
USI ONE® represents Omni, Network, Enterprise—the three key elements that set USI apart from the competition.
Through USI ONE, we develop strategic, timely and effective risk management and benefit programs in terms that are easy to understand, and we demonstrate how the solutions can have a positive economic impact.
Industry-Leading Programs, Rewards, and Recognition In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day.
USI offers employee programs that recognize outstanding achievement and help our associates lead healthy, productive lives.
We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need.
Deep Community Engagement We are committed to giving back to our local communities and supporting a culture of environmental sustainability.
From sharing our time, talent, and resources to support local non-profit organizations, animal shelters, and environmental beautification and restoration projects – to partnering with eco-conscious vendors and taking steps to reduce our own environmental footprint – we’re working together as ONE to build a better future.
Committed to a Diverse, Equitable, and Inclusive Workplace Our award-winning I’m With U diversity, equity, and inclusion program educated our associates to help them better understand and serve our clients, prospects, fellow team members, and local communities through curated education and training resources, employee support programs, and community outreach initiatives to build a more diverse, equitable, and inclusive culture.
Nationally Recognized as a Top Insurance Employer Recognized as one of Insurance Business America’s Top Insurance Employers for six consecutive years (2018-2023).
Named to Business Insurance’s annual list of the Best Places to Work in Insurance four years in a row (2020-2023).
Recipient of the American Heart Association’s Gold Status for a maintaining a culture of health and well-being five years in a row (2018-2022).
Visit our Awards and Accolades page for a complete list of industry awards and recognitions! USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs.
We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs.
USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.
Job ID: 27595
The compliance professional will help respond to day-to-day client and consultant inquiries, along with preparing compliance presentations and responding to RFP's.
Responsibilities: Establish effective working relationships with internal staff, clients and carriers Will function as part of a national team of compliance experts to meet the overall objectives for the health and welfare compliance team Research, read, evaluate and edit articles, alerts and other materials for publication or distribution to internal and external clients Gather materials, perform research, and assist client service team in the formulation of strategies to solve client problems related to ERISA, ACA, the Code, HIPAA and COBRA issues affecting health and welfare plans Develop and maintain compliance education tools for health and welfare compliance Create and deliver presentations to internal staff and to external clients and prospects Monitor and identify legal developments such as relevant statutes, regulations, case law and legal articles affecting employee benefit plans Maintain and update compliance library resources, including cross checking and validating that information is up-to date Respond to RFP requests Knowledge, Skills and Abilities: College degree required and J.
D.
preferred Must be a self-starter, and demonstrate cooperation and collaboration in team settings Ability to work with a diverse set of individuals and personalities Keeps informed regarding industry information, new product information and technology to continuously improve knowledge and performance Ability to prioritize and juggle multiple competing/conflicting client and internal deadlines with minimal support or supervision by regional EB Counsel Able to quickly assess and learn organizational roles, responsibilities and process flows Maintain a cordial and effective relationship with internal clients, team members and vendors Prior experience in employee benefits law or experience in compliance consulting on these issues is desired Must be proficient with computers and quickly competent with new technology tools.
Specifically, must have full competence with MS Office Suite products and Adobe products Experience with ERISA required, and preferred thorough understanding of the various federal laws that impact health and welfare plans including ACA, COBRA, HIPAA, FMLA and Internal Revenue Code Strong research and writing skills and experience with interpreting statutes and regulations.
Remains informed regarding industry information and new product information Must have strong interpersonal and verbal skills Must have strong organizational and time management skills Some travel required 20-30% #LI-JK2 GLDR #LI-hybrid Why USI? With more than $2.
5 billion in revenue and over 10,000 associates across 200+ offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world.
At USI, we have created one of the most dynamic personal and professional development cultures in the industry.
We invest heavily in our associates, and we take pride in celebrating their growth and success through our one-of-a-kind employee reward and recognition programs.
We invite you to learn more about what makes USI an exceptional place to work! Unrivaled Resources and Support What truly distinguishes USI as a premier insurance brokerage and consulting firm is the USI ONE Advantage®, a game-changing value proposition that delivers to clients a robust set of risk management and benefit solutions with bottom-line financial impact.
USI ONE® represents Omni, Network, Enterprise—the three key elements that set USI apart from the competition.
Through USI ONE, we develop strategic, timely and effective risk management and benefit programs in terms that are easy to understand, and we demonstrate how the solutions can have a positive economic impact.
Industry-Leading Programs, Rewards, and Recognition In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day.
USI offers employee programs that recognize outstanding achievement and help our associates lead healthy, productive lives.
We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need.
Deep Community Engagement We are committed to giving back to our local communities and supporting a culture of environmental sustainability.
From sharing our time, talent, and resources to support local non-profit organizations, animal shelters, and environmental beautification and restoration projects – to partnering with eco-conscious vendors and taking steps to reduce our own environmental footprint – we’re working together as ONE to build a better future.
Committed to a Diverse, Equitable, and Inclusive Workplace Our award-winning I’m With U diversity, equity, and inclusion program educated our associates to help them better understand and serve our clients, prospects, fellow team members, and local communities through curated education and training resources, employee support programs, and community outreach initiatives to build a more diverse, equitable, and inclusive culture.
Nationally Recognized as a Top Insurance Employer Recognized as one of Insurance Business America’s Top Insurance Employers for six consecutive years (2018-2023).
Named to Business Insurance’s annual list of the Best Places to Work in Insurance four years in a row (2020-2023).
Recipient of the American Heart Association’s Gold Status for a maintaining a culture of health and well-being five years in a row (2018-2022).
Visit our Awards and Accolades page for a complete list of industry awards and recognitions! USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs.
We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs.
USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.
Job ID: 27595
• Phone : NA
• Location : Chicago, IL
• Post ID: 9024141805
