drjobs Lead Benefits Compliance Specialist

Lead Benefits Compliance Specialist

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

$ 139400 - 188600

Vacancy

1 Vacancy

Job Description

Lead Benefits Compliance Specialist

Company:

The Boeing Company

The Boeing Companys Human Resources (HR) Retirement and Financial Wellbeing organization is currently seeking a Lead Benefits Compliance Specialist to join our team to support benefits compliance issues. A law degree and work experience as an Employee Retirement Income Security Act of 1974 (ERISA) attorney is highly preferred to be successful in this role.

This position will provide subject matter expertise (SME) to coworkers regarding benefit issues and concerns and will respond to many complex questions. The role will also support international plan compliance. A successful candidate will have strong written and verbal communication organization and multitasking skills.

The opportunity is available in any of the following locations: Arlington VA; Chicago IL or Seattle WA.


Position Responsibilities:

  • Act as internal consultant to customers regarding benefit programs

  • Serve as a subject matter expert in retirement plan compliance issues

  • Manage external compliance supplier work and coordinate schedules reviews and leadership presentations for retirement compliance work

  • Establish an implementation schedule and coordinate with internal organizations (e.g. communications global payroll regional and country office etc.) to implement changes for international benefit programs

  • Recommend and provide rationale for benefit plan design changes and/or changes to benefit policies and procedures

  • Draft plan documentation (e.g. summary plan description plan amendments summaries of material modifications etc.) in accordance with legal requirements for review approval and appropriate distribution

  • Monitor and analyze legislative and regulatory actions that may impact benefit plans to develop recommendations as appropriate

  • Review and analyze benefit plan provisions and recommend potential solutions for the restructuring to meet company objectives

  • Review and monitor data information feed files to ensure accuracy and resolve discrepancies

  • Review and analyze benefit data; respond to general inquiries audits document requests; prepare draft response for approval by management and submission to requesting agency

  • Review and analyze all relevant information pertaining to a benefit appeal (e.g. plan documents past precedents prior appeals etc.) and prepare draft response and present to management

  • Review and analyze benefit surveys results to identify changes in the market and formulate recommendations for benefits changes

  • Develop performance standards negotiate benefit contract terms manage request for proposal (RFP) process for new vendors/carriers and develops quality improvement plans as necessary

  • Support union negotiations regarding benefits present proposed benefit package to union analyze benefit questions that arise during negotiations respond to benefits related questions and compare proposal to other contracts (internal and external) to effect a solution

BasicQualifications (Required Skills/Experience):

  • 5 years of experience working as a benefits attorney or in a role focused on retirement plan legal and compliance matters

  • 5 years of experience in the employee benefits legal or compliance field

  • 5 years of global employee benefits and HR experience

Preferred Qualifications (Desired Skills/Experience):

  • Possess a Law Degree

  • 3 years of experience leading and prioritizing request for proposals (RFP)

  • 3 years of experience with proposal management strategies development and/or contract negotiations

  • 3 years of litigation experience in either a law firm or corporate law department

  • 1 years of experience with international employee benefits

Drug Free Workplace:

Boeing is a Drug Free Workplace where post offer applicants and employees are subject to testing for marijuana cocaine opioids amphetamines PCP and alcohol when criteria is met as outlined in our policies.

Pay & Benefits:

At Boeing we strive to deliver a Total Rewards package that will attract engage and retain the top talent. Elements of the Total Rewards package include competitive base pay and variable compensation opportunities.

The Boeing Company also provides eligible employees with an opportunity to enroll in a variety of benefit programs generally including health insurance flexible spending accounts health savings accounts retirement savings plans life and disability insurance programs and a number of programs that provide for both paid and unpaid time away from work.

The specific programs and options available to any given employee may vary depending on eligibility factors such as geographic location date of hire and the applicability of collective bargaining agreements.

Pay is based upon candidate experience and qualifications as well as market and business considerations.

Summary pay range: $139400 $188600

Language Requirements:

Not Applicable

Education:

Not Applicable

Relocation:

This position offers relocation based on candidate eligibility.

Export Control Requirement:

This is not an Export Control position.

Safety Sensitive:

This is not a Safety Sensitive Position.

Security Clearance:

This position does not require a Security Clearance.

Visa Sponsorship:

Employer will not sponsor applicants for employment visa status.

Contingent Upon Award Program

This position is not contingent upon program award

Shift:

Shift 1 (United States of America)

Stay safe from recruitment fraud! The only way to apply for a position at Boeing is via our Careers website. Learn how to protect yourself from recruitment fraud Recruitment Fraud Warning


Required Experience:

Unclear Seniority

Employment Type

Full-Time

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