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Compliance Manager Group Benefits
4 weeks ago
Lexitas Legal Talent Outsourcing is seeking a seasoned Compliance Manager Group Benefits to oversee the compliance program for Group Benefits business. This role is a critical component of our company's commitment to regulatory excellence.
Key Responsibilities:- Maintain the Group Benefits business compliance program, providing guidance to internal and external partners as a subject matter expert.
- Perform legal research and track regulatory developments to update compliance policies and procedures.
- Oversee Group Benefits business compliance with HIPAA and other privacy and data security laws in collaboration with team members.
- Assist with audits of third-party business partners and oversee any necessary remediation.
- Assist with compliance change management efforts, ensuring that requirements are identified and addressed in a timely manner.
- Draft and maintain Standard Operating Procedures (SOPs), product manuals, and other written guidance for internal and external partners.
- Develop and roll out compliance training, ensuring internal and external partners receive appropriate guidance on compliance policies and procedures.
- Manage the resolution of regulatory inquiries and reviews, ensuring all regulatory responses are timely, accurate, and high quality.
- Work with internal and external partners to collect and analyze data, and timely report to regulatory agencies.
- Oversee the drafting of life and health policies, ensuring compliance with applicable laws.
- Record, investigate, and escalate alleged non-compliance with laws, regulations, and company policies.
- Bachelor's Degree (Required)
- Advanced degree (Preferred)
- Minimum of 5-7 years of insurance compliance experience (Required)
- Working knowledge of group health insurance laws, regulations, and best practices (Required)
- Proven experience leading projects and managing multiple priorities simultaneously (Required)
- Demonstrated experience identifying, defining, and resolving problems, and collecting and interpreting data (Required)
- Demonstrated experience working as part of a team, developing cooperation, and collaborative work efforts (Required)
- Effective verbal and written communication skills (Required)
- Ability to document procedures and activities in a clear and concise manner (Required)
- High level of attention to detail and excellent organizational skills (Required)
- Proven research, problem-solving, and analytical skills (Required)
