Assistant General Counsel - Compensation & Benefits (Hybrid)
Company Overview
Exelon is a Fortune 200 company with 20,000 colleagues serving more than 10.7 million customers across six energy companies: Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). The company is focused on powering a cleaner, brighter future and values purpose‑driven people, inclusivity, safety, innovation, integrity, and community service. Exelon’s employee experience is guided by purposeful careers, growth opportunities, community impact, and support to thrive.
Primary Purpose
A senior lawyer who is a highly qualified attorney handling complex legal matters and projects on behalf of the Company relating to employee benefit and executive compensation matters. This is a hybrid position (in‑office with remote flexibility) requiring presence in the office at least three days per week (Tuesday, Wednesday, and Thursday) at one of the following locations: Philadelphia PA, Baltimore MD, Chicago IL, or Washington DC.
Primary Duties
- Perform as a specialist in employee benefits and executive compensation law, providing technical and expert legal services to Exelon business units.
- Plan, conduct, and supervise large and highly complex legal assignments with minimal supervision; evaluate legal and business risks; advise clients; and represent Exelon as the subject‑matter expert in M&A transactions, contract negotiations, audits, litigation, and other relevant matters.
- Provide legal advice for Exelon’s employee benefit plans and compensation programs, including defined benefit pension, defined contribution retirement, non‑qualified (SERP and deferred compensation), health and welfare, long‑ and short‑term incentive, and severance.
- Draft and review plan and program documents, summary plan descriptions, and employee communications.
- Counsel ERISA plan fiduciaries, including conducting fiduciary training.
- Advise on ERISA claims and appeals.
- Apply subject‑matter expertise in ERISA, HIPAA, COBRA, ACA, Mental Health Parity, 409A, and related laws.
- Prepare and revise budgets and early matter assessments for all matters involving outside counsel.
- Provide lead direction and/or project leadership to less experienced attorneys and support staff.
- Perform projects and duties as assigned.
Job Scope
- Support more senior attorneys in managing relationships and matters with Exelon operating companies/business units and outside counsel.
- Demonstrate superior legal judgment in the business context.
- Generate innovative ideas and devise original, successful solutions, programs, or actions.
Minimum Qualifications
- LLB or JD from an accredited law school and licensure to practice law in the relevant jurisdictions.
- 7–10 years of professional experience, including at least 5 years in employee benefits and executive compensation law.
- Comprehensive knowledge of legal principles, practices, and procedures applied to complex assignments.
- Excellent legal research and analytical abilities with ongoing knowledge of federal or state law.
- Clear oral and written communication skills; ability to read and analyze legal materials; ability to work under stressful conditions and tight deadlines.
Preferred Qualifications
- Ability to learn, adopt, and leverage AI‑enabled tools to support research, drafting, and analysis while applying sound professional judgment.
Benefits
- 401(k) match and annual company contribution.
- Medical, dental, and vision insurance.
- Life and disability insurance.
- Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave, and bonding/primary caregiver or parental leave.
- Employee Assistance Program and resources for mental and emotional support.
- Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance, and fitness reimbursement.
- Referral bonus program.
- Additional benefits may vary based on length of service, job grade, classification, or represented status.
Pay
- Annual salary: $167,200 – $229,900 per year (based on skills, qualifications, experience, and other factors).
- Annual bonus for eligible positions: 20%.