Benefits Compliance Specialist

2 weeks ago

New York, New York, United States Church Pension Group Full time
Job Summary

The Benefits Compliance Specialist will play a critical role in ensuring the compliance of Church Pension Group's health and disability businesses. This includes reviewing vendor and client documents, participating in RFPs and vendor selection processes, conducting risk-based audits and assessments, and providing regulatory guidance to the Benefits business units.

Key Responsibilities
  • Conduct daily compliance reviews of vendor and client documents to ensure adherence to regulatory requirements.
  • Participate in RFPs and vendor selection processes to ensure compliance with regulatory requirements.
  • Conduct risk-based audits and assessments of business units and third-party vendors to identify and mitigate compliance risks.
  • Provide regulatory guidance to the Benefits business units, including Benefits Policy, to ensure compliance with regulatory requirements.
  • Coordinate the first-level pension appeals process, including conducting research, proposing resolutions, and drafting acknowledgement and decision letters.
  • Coordinate quarterly Benefit Plans Committee meetings, including setting agendas, gathering and circulating meeting materials, and drafting meeting minutes.
  • Serve as the CPG HIPAA Contact Person and support the development and implementation of HIPAA policies and procedures.
  • Advance the culture of compliance within CPG's three lines of business: benefits, property and casualty insurance, and publishing.
  • Contribute to the strategic thinking and direction of the Business Compliance unit.
  • Act as a change agent in an ever-evolving business compliance environment.
Requirements
  • BA/BS preferred, with a combination of education and experience considered.
  • 3+ years of experience with benefits administration, compliance, and/or regulatory matters.
  • Strong analytical skills and professional judgment, particularly with respect to assessing compliance risk and controls.
  • Strong verbal and written communication skills.
  • Strong interpersonal skills and the ability to work collaboratively with colleagues from units across the organization.
  • Ability to meet deadlines and prioritize competing demands from multiple internal and/or external clients.
  • Highly organized with a strong attention to detail.
  • Availability for occasional business travel, including overnight stays.
Benefits
  • Employer-funded defined benefit pension plan (five-year vesting).
  • Employee life insurance.
  • Spouse and dependent life insurance.
  • Accidental death and dismemberment (AD&D) insurance.
  • Short-term disability (STD) coverage.
  • Long-term disability (LTD) coverage (elected as either pre-tax or after-tax).
  • Business travel accident insurance.
  • Worker's compensation.
  • Employee assistance program.
  • Retiree health insurance (eligible after 10 years).
  • Retiree life insurance.
  • 401(k) with matching contributions (immediate vesting).
  • Flexible spending accounts (FSAs).
  • Commuter benefits.
  • New York's 529 college savings program (NY state residents).
Work Environment

Church Pension Group employees must maintain a professional, compassionate, and trustworthy work environment at all times. Reasonable accommodations may be made to enable someone with a disability to perform the essential functions of the job within this environment.

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