Truist Senior Employee Benefits Compliance Officer in Greensboro, North Carolina
Req ID: R0028847
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Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America)
Please review the following job description:
Provide oversight and technical assistance for the delivery of ERISA Compliance Services as part of a national resource center dedicated to the support of Insurance Services’ Employee Benefits lines-of-business and their external Clients.
Essential Duties and Responsibilities: The following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. 1. Provide specialized compliance analysis, advice and technical assistance to producers, account managers, management and staff on issues arising under various law affecting the Employee Benefits lines- of- business including but not limited to: the Internal Revenue Code, the Employee Retirement Income Security Act (ERISA),the Patient Protection and Affordable Care Ac (ACA), the Consolidated Omnibus Budget Reconciliation Act (COBRA), the Health Insurance Portability and Accountability Act (HIPAA), the Americans with Disabilities Act (ADA), the Family and Medical Leave Act (FMLA), and various workers compensation laws. Analysis, advice and technical assistance will be provided through: a. Responding to daily inquiries to the EB Compliance Help Desk b. Telephone conferences with producers and account managers where Clients may be included. c. On-site meetings with producers and account managers where Clients may also be in attendance. d. Internal meetings and conferences with staff. 2. Provide technical assistance with ERISA Compliance products and tools for national employee benefit franchise for Insurance Services in accordance with producer and client need and emerging legislation. a. Draft and review complex Employee Benefit legal documents for external Clients as a fee based service. b. Support consultative fee-based services for Employer Clients to assist in their unique requests for support. c. Assist compliance staff in the preparation of Form 5500 filings, wrap plan documents and 125 Plan documents. d. Review and assist with specialized Employee Benefit plan testing such as discrimination testing. 3. Support marketing efforts related to Insurance Services’ Employee Benefit lines-of-business. a. Attend client deliveries and new business presentations as appropriate. b. Participate in webinars. c. Participate in live seminars with internal and or external audiences as knowledge expert. 4. Review and/or write technical articles for outbound publications. 5. Monitor and analyze statutes, regulations, and litigation for changing Employee Benefit legal requirements, and initiate appropriate action or changes. 6. Advise inside and outside counsel on Employee Benefit issues, if and as needed. 7. Manage outsourced legal services by monitoring quality and costs. 8. Participate as part of regulatory and compliance steering committees. 9. Establish relationships with Insurance Services’ operating units, commercial banking officers, external Clients, trade associations, government agencies, and outside attorneys. Required Skills and Competencies: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 1. Juris Doctor degree 2. Eight years of work related legal practice experience 3. Thorough knowledge of advanced concepts and practices in the Employee Benefits field 4. Effective legal analysis and written and verbal communication skills 5. Above average multi-tasking skills and the ability to reassess priorities to meet deadlines 6. Strong problem solving and project management skills 7. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products 8. Ability to travel, occasionally overnight
Desired Skills: 1. Member of a State Bar Association 2. Employee Benefit plan administration experience 3. Prior advanced project management, operations management, or product development experience Truist supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace. Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name. EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify
Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name.
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