Jobs · Legal · Virginia

Group Compliance Consultant

NRECA · Arlington, VA · 2 wk ago
Legal$98k–$122k/yrFull-time

Key Responsibilities

  • Leads annual preparation of summary plan descriptions (SPD), summaries of benefits and coverage (SBC), and summaries of material modifications (SMM) for 25+ group benefit programs and optional designs.
  • Facilitates meetings with subject matter experts to assess plan and operational changes; drafts required compliance language; reviews documentation; and ensures accurate, timely production.
  • Independently prepares and files annual Form 5500s for Section 125 plans, HRA plans, and FAS 106 retiree welfare benefit plans; assists stakeholders with Form 5500 and summary annual report (SAR) filings for the Group Benefit Program multiple employer plan.
  • Independently prepares Form 1041s for retiree welfare benefit plans and distributes them to cooperatives.
  • Captures compliance and filing activities across internal teams and external vendors, including annual creditable coverage disclosures and gag clause prohibition attestations.
  • Participates in strategic planning discussions to assess impacts of Group Benefits Program changes, resolve complex compliance issues, and ensure adherence to applicable laws and regulations.
  • Serves as a subject-matter expert and trusted advisor to cooperatives and internal teams on Group Benefits Program provisions, regulatory developments, and health and welfare benefits compliance.
  • Ability to report to the office when required.

Qualifications

  • Bachelor’s degree in a relevant field or an equivalent combination of education and experience.
  • 5 or more years of related group health and welfare plan experience.
  • Knowledge of health and welfare benefits compliance requirements, including regulations governing plan documents, participant disclosures, and annual reporting.
  • Knowledge of federal filing and reporting processes for employee benefit plans, including Form 5500s, Form 1041s, and related compliance documentation.

Preferred Qualifications And Skills

  • CBP or CEBS certifications
  • Knowledge of SharePoint Library systems and ActiveDocs document automation/generation software preferred.

Essential Physical Requirements

  • The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal and extensive reading.
  • The worker must be able to exert up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to move objects.

Pay Range

Salary Range: $98,000-$122,000 annual salary Final compensation determined by individual qualifications, experience, and internal equity.

Disclaimer Statement

The preceding job description has been written to reflect management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. Additional Requirement The preceding job description has been written to reflect management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status. NRECA is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities. If you need special assistance or an accommodation while seeking employment, please e-mail humanresources@nreca.coop or call: 703-907-5992 - NRECA Arlington Human Resources. Please call 402-483-9275 - NRECA Lincoln Human Resources, for Lincoln, NE employment opportunities. We will make a determination on your request for reasonable accommodation on a case-by-case basis.

E-Verify

As a Federal Contractor, NRECA is required to participate in the E-Verify Program to confirm eligibility to work in the United States. For information please click on the following link: E-Verify.

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