What are the responsibilities and job description for the Director, Compliance & Audit Team position at WTW inc.?
Description
In this role you will partner with local client teams to develop and deliver health and welfare compliance solutions to clients. You will be working both directly with clients and in coordination with our broader Health & Benefits practice, as well as our Technical Services Group and Retirement practice.
Performance Objectives :
Financial
- Partner with local client teams to identify opportunities to cross-sell new products and services by working with Market Leaders, Sales and Client Relationship Management teams to identify, develop and close strategic sales opportunities
Clients
As a senior colleague, support multiple client projects involving federal health and welfare benefit plan design and strategy compliance issues
Work on client deliverables in coordination with junior and mid-level colleagues
Finalize and present quality deliverables to clients
Partner with client teams to become a trusted advisor for clients and provide consistent, superior relationship management
Research various compliance and tax issues, draft responses and memoranda and assist client meetings and presentations
Participate in compliance audits and benefits administration / process improvement reviews
Excellence
Serve as a subject matter expert on health and welfare laws and regulations
Perform technical review of work products developed by junior and mid-level colleagues
Contribute to the development of new tools and approaches related to compliance consulting
People
Mentor junior colleagues
Build relationships internally and collaborate effectively on cross-functional teams
Work closely with regional compliance leader to assist in increasing compliance related activity and growth across respective region(s)
Qualifications
The Requirements
Juris Doctorate required and minimum of 10 years relevant experience within employee benefits
Proven experience and success in employee health and welfare benefit consulting with a focus on compliance. Prior experience in a professional services firm, insurance company or legal environment preferred
Deep knowledge of IRC, ERISA, COBRA, PPACA, MHPAEA, FMLA, HIPAA and other relevant laws and regulations affecting employee benefit plans
A broad understanding of human capital strategy and the ability to contribute to cross-practice client engagements
Experience in managing multiple people and projects and producing quality deliverables on time and within budget
Proven ability to recognize and diagnose issues, work in teams, and leverage the resources of other related practices to address client challenges
Material client-facing experience with public speaking experience a plus
Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state / local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education / professional certifications, qualifications / experience, performance in the role and potential for revenue generation.
Compensation
The base salary compensation range being offered for this role is $185,000-$195,000 USD per year.
This role is also eligible for an annual short-term incentive bonus
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply) :
Health and Welfare Benefits : Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work / Life Resources (including Employee Assistance Program)
Leave Benefits : Paid Holidays, Annual Paid Time Off (includes paid state / local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (https : / / cdn-static.findly.com / wp-content / uploads / sites / 1862 / 2023 / 01 / 31091722 / Washington-State-Time-Off.pdf) .
Retirement Benefits : Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
EOE, including disability / vets
This position will remain posted for a minimum of three business days from the date posted or until sufficient / appropriate candidate slate has been identified.
Note that visa employment-based non-immigrant visa sponsorship and / or assistance is not offered for this specific job opportunity.
Salary : $185,000 - $195,000
