Compliance Analyst
Hartland, WI - USA
Job Summary
Please note; this role is based in Hartland WI!
Job Title:
Compliance Analyst
Company Overview:
We are a fast-growing Third Party Administrator (TPA) specializing in tax-advantaged benefit plans such as Flexible Spending Accounts (FSAs) Health Reimbursement Arrangements (HRAs) Health Savings Accounts (HSAs) COBRA and Individual Coverage HRAs (ICHRAs). Our mission is to help employers and participants maximize their benefits with confidence clarity and compliance.
Job Description:
We are seeking aCompliance Analystto join our dynamic and detail-focused this role youll serve as an internal information rseource for our front-line service team. The primary functions of this role are to dig into various information sources conduct research and provide answers/guidance on regulations regarding FSAs HRAs HSAs and COBRA and to conduct non-discrimination testing on the plans administered. Compliance Analysts help ensure that our Company and our Clients administer benefit plans that are in compliance with applicable regulations.
Responsibilities:
- Research and provide written responses to compliance related questions from internal departments.
- Develop comprehensive knowledge of regulations regarding FSAs HRAs HSAs and COBRA utilizing resources such as EBIA manuals ECFC releases and industry blogs/newsletters.
- Review and interpret legislative changes and provide understandable written overview to internal staff and clients.
- Develop thorough understanding of required non-discrimination testing run tests and provide answers to client questions.
- Develop understanding and become proficient in preparation of plan documents.
- Assist in preparation of written client and business partner informational releases regarding regulations plan updates action needed deadlines etc.
- Present and train internal staff on various compliance related topics.
- Maintain easy to use compliance related resource materials for internal staff members.
Qualifications:
- Desire to become an expert in FSA HRA HSA and COBRA compliance.
- Strong written and verbal communication skills combined with ability to break information down into understandable language and concepts for end users.
- Skill and interest in conducting research and interpreting information.
- Experience in preparing professional written documentation and correspondence.
- Possess strong critical thinking skills and have the ability to compare and contrast various information sources.
- Demonstrate meticulous attention to detail.
- Ability to interpret technically written regulations and regulatory communications.
- Strong time management research and organization skills in a deadline driven environment.
- Minimum two years of experience in benefits insurance or human resource environment.
- Prior COBRA health insurance or employee benefits compliance/research experience a plus.
Job Type:
Full-time
Schedule:
- Monday to Friday
- Flexible start time (8:00 or 8:30 a.m.)
- Onsite fulltime for six months / transitions to hybrid (1 day remote/4 in office thereafter)
Compensation:
- Competitive salary
- Annual performance bonus opportunities
Benefits:
- Health dental and vision insurance
- Disability insurance company paid
- Life Insurance company paid
- FSA HSA and HRA benefits with employer funding (of course!)
- 401(k) with employer match
- Paid time off and holidays
- Employee Referral bonus program
- Paid training program and professional development
- Opportunities for advancement within a growing organization
Location:
- Hartland WI
Ready to Apply
Whether you come from a benefits insurance or human resources environment or just passionate about making work more meaningful and serving as a trusted resource we want to meet you!
APPLY NOW OR TAG SOMEONE WHOS READY FOR THEIR NEXT GREAT OPPORTUNITY! this role sounds like a fit wed love to hear from you. Apply now.
Diversified Benefit Services Terms and Conditions:
1. Diversified Benefits Services uses SMS in efforts to contact candidates in a timely manner in order to request more information or keep candidate informed regarding the status of their application.
2. You can cancel the SMS service at any time. Just text STOP to the short code. After you send the SMS message STOP to us we will send you an SMS message to confirm that you have been unsubscribed. After this you will no longer receive SMS messages from us. If you want to join again just sign up as you did the first time and we will start sending SMS messages to you again.
3. If you are experiencing issues with the messaging program you can reply with the keyword HELP for more assistance or you can get help directly at
4. Carriers are not liable for delayed or undelivered messages.
5. As always message and data rates may apply for any messages sent to you from us and to us from you. You will receive occasionally. If you have any questions about your text plan or data plan it is best to contact your wireless provider.
6. If you have any questions regarding privacy please read our privacy policy below.
Privacy Policy: We collect your mobile number and related opt-in data for the delivery of SMS messages. Your mobile opt-in data and consent will not be shared with third parties or affiliates for marketing or promotional purposes.
Required Experience:
Senior IC
About Company
An experienced and cutting-edge TPA Diversified Benefit Services, Inc. (DBS) is a leading third party administrator (TPA) providing excellence in benefit management solutions for nearly thirty years. DBS is fully devoted to designing, enrolling, administering and servicing account bas ... View more