Lead Benefits Compliance Specialist
Boeing Co
Lead Benefits Compliance Specialist
The Boeing Company's 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. This position can be located in Seattle, WA; Arlington, VA; North Charleston, SC; Chicago, IL; Mesa, AZ; or Berkeley, MO. The preferred locations are Seattle, WA or Chicago, IL.
This position will provide subject matter expertise (SME) to coworkers regarding benefit issues and concerns and will respond to many complex questions. A successful candidate will have strong written and verbal communication, organization and multitasking skills. 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.
Position Responsibilities
- Act as internal consultant to customers regarding benefit programs
- Serve as a subject matter expert in health plan compliance issues
- Manage external compliance supplier work and coordinate schedules, reviews and leadership presentations for retirement compliance work
- 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
- 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
- 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
- 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 proposals to other contracts (internal and external) to affect a solution
Basic Qualifications (Required Skills/Experience)
- 10+ years of experience in the employee benefits legal or compliance field
- 5+ years of experience with FMLA, ACA, ERISA, COBRA, and Federal and State labor laws
- 5+ years of experience managing multiple projects simultaneously, prioritizing tasks, and meeting deadlines in a fast-paced environment
Preferred Qualifications (Desired Skills/Experience)
- Juris Doctor (JD) or equivalent law degree
- Bachelor's degree or higher in Human Resources, Business Administration, or a related field
- Professional certification (e.g., CEBS, PHR, CPA)
$159k - $305k
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