What are the responsibilities and job description for the Senior Regulatory Compliance Advisor position at The Fedeli Group?
Job Description
The Fedeli Group is a Cleveland-based firm specializing in employee benefits consulting, property and casualty insurance, and risk management solutions. We provide services to a wide range of industries, governmental entities, and non-profit organizations.
We have a culture built on integrity, work ethic, and teamwork. We are in a dynamic and often complex business that presents an exciting environment for those interested in continuous learning, personal improvement, and excellence in client delivery.
The Senior Regulatory Compliance Advisor serves a key role in helping clients adhere to applicable federal, state, and local laws and regulations as it pertains to the employee benefits.
Key Responsibilities:
- Compliance Program Development: Create and implement comprehensive compliance audit programs that ensure adherence to relevant laws and regulations, including HIPAA, FMLA, State laws, ERISA, and other employee benefits regulations.
- Assist clients with calculating PCORI fees, conducting Affordability tests, guide clients through non-discrimination testing and filing requirements.
- Monitoring and Auditing: Regularly review and audit employer programs to identify potential compliance issues and recommend corrective actions as necessary. Ensure proper documentation and record-keeping of compliance activities.
- Training and Education:
- Conduct regulatory compliance training sessions for the Human Resources staff of clients, enabling key staff to be aware of their responsibilities.
- Develop and implement a regulatory compliance training program (including contract review) for internal employee benefits staff of The Fedeli Group.
- Provide regulatory updates to clients in the following formats: Seminars/Webinars, Written posts through the Fedeli Digest, At a minimum of once per year produce a high-quality compliance update white paper.
Requirements:
- At least seven years of experience in employee benefits compliance.
- Extensive client interaction, including presentation delivery to organizational leaders.
- Bachelor's degree with a concentration in one or more of the following areas: health care, economics, business law, political science (pre-law). Juris Doctor (JD) degree is a plus.
- Certified Employee Benefit Specialist (CEBS) designation and/or Certified Health Compliance (CHC) is a plus.
Work Environment:
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, cell phones, photocopiers, filing cabinets, and fax machines.
Travel:
Travel is minimal, although some out-of-area and overnight travel may be expected.
Supervisory Responsibility:
None
