Principal Compliance Consultant - Regulatory Change Management
About the role
At Blue Cross and Blue Shield of Minnesota, we are committed to paving the way for everyone to achieve their healthiest life. As a Principal Compliance Consultant in Regulatory Change Management, you will help the organization navigate evolving laws, regulations, and government guidance by supporting a disciplined regulatory change management process. This role serves as a trusted compliance resource across the organization, with a strong focus on Medicare and Medicaid regulatory programs. You will partner with Public Affairs, Legal, compliance teammates, and cross-functional business owners to support timely implementation, clear documentation, and effective communication of regulatory requirements.
Responsibilities
- Monitor laws, regulations, and government guidance to identify updates that may impact the organization.
- Coordinate regulatory change intake, stakeholder notification, and distribution of new law and regulatory guidance.
- Support impact analysis and implementation planning with designated business owners to promote timely, accurate execution.
- Document implementation activity, validate outcomes when appropriate, and report on progress and compliance status.
- Partner with Legal, Public Affairs, compliance team members, and business stakeholders to understand regulatory updates and clarify required actions.
- Facilitate or participate in working sessions with cross-functional partners to review regulatory requirements and support alignment.
- Translate complex regulatory information into clear, actionable communications for stakeholders and compliance partners.
- Bring a continuous improvement mindset to regulatory change management, including opportunities to enhance processes through automation and AI-enabled solutions.
- Perform additional responsibilities consistent with the scope and level of the role, as assigned.
Requirements
- 7+ years of related compliance professional experience.
- Bachelor’s degree; in lieu of a degree, an additional two years of relevant experience beyond the qualifications listed above may be accepted.
Preferred Qualifications
- Juris Doctor or Master’s degree or other advanced degree in a related field.
- Experience with Medicare/Medicaid regulatory programs is strongly preferred.
- Experience with CMS, DOH, and state regulatory filings.
- Ability to translate complex information into actionable messaging, actively listen to diverse perspectives, and drive alignment across cross-functional priorities.
- Ability to analyze complex challenges, evaluate tradeoffs, and collaborate with stakeholders to reach effective, lasting solutions.
- Ability to effectively organize work, balance shifting priorities, and manage time across multiple workstreams to meet commitments.
- Business analysis expertise, regulatory research, and ability to translate regulatory requirements into operations.
- Ability to interpret and apply applicable federal and state regulations.
- Healthcare or insurance industry experience.
- Experience drafting responses or presenting to boards, compliance committees, or regulatory bodies.
Skills
- Certified Public Accountant (CPA) - State Board of Accountancy
- Certified Internal Auditor (CIA) - Institute of Internal Auditors (IIA)
- Certified Compliance & Ethics Professional (CCEP) - Society of Corporate Compliance and Ethics (SCCE)
- Certified in Healthcare Compliance (CHC) - Health Care Compliance Association (HCCA)
Schedule
Hybrid approach: two days in the office each week, with at least one anchor day designated for team interaction. The rest of the week is remote.
Pay
Pay Range: $90,800.00 - $120,300.00 - $149,800.00 Annual. Pay is based on several factors including skills, ability, and knowledge.
Benefits
- Medical, dental, and vision insurance
- Life insurance
- 401k
- Paid Time Off (PTO)
- Volunteer Paid Time Off (VPTO)
To discover more about what we have to offer, please review our benefits page.