Compliance Program Consultant
Medica · Madison, WI · 2 wk ago
Legal$70k–$120k/yrFull-time
About the role
The Compliance Program Consultant supports Medica’s compliance program through comprehensive auditing and oversight of delegated entities and third-party vendors. This role partners with business units to ensure adherence to applicable regulations and contractual obligations, manages compliance documentation, and responds to regulatory inquiries.
Responsibilities
- Conduct compliance audits to evaluate the effectiveness of delegate and vendor programs, identifying risks and ensuring alignment with regulatory and contractual obligations
- Analyze oversight reports and collaborate with internal stakeholders and external partners to address findings and implement improvements
- Support enterprise risk assessments related to delegated services and functions
- Review vendor contracts to determine compliance status and serve as a liaison between Compliance, the Enterprise Sourcing Team (EST), and business owners
- Create audit reports, contribute to compliance dashboards and presentations, and assist in the development of external communications for members, providers, or regulators
- Manage incidents, corrective action plans, and monitor delegated services to ensure ongoing compliance
- Participate in cross-functional compliance initiatives and special projects as needed
Requirements
- Bachelor's degree or equivalent experience in related field
- 3+ years of work experience beyond degree
Preferred Qualifications
- Knowledge of audit management, regulatory assessment, and contractual compliance for internal lines of business and delegated partners
- Experience in claims processing including understanding of health insurance lines of business (Commercial, Individual, Medicare, Medicaid etc.)
- Experience with FDR (First Tier, Downstream, and Related Entities) oversight and delegation standards
- Strong investigative and documentation skills, with the ability to analyze complex information
- Excellent communication and collaboration skills, both internally and externally
- Ability to manage incidents and corrective action plans
- Self-directed with the ability to handle moderately complex responsibilities with minimal supervision
Benefits
Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.