Benefits Compliance Specialist

job
  • Lexitas Legal Talent Outsourcing
Job Summary
Location
New York ,NY 10261
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
16 Jan 2025
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Job Description

Our client, a financial services organization located in Midtown Manhattan, seeks a benefits compliance specialist. This is a temporary assignment expected to last for three months.


Candidates performing well in the role may be considered for extension or conversion to permanent employee. The role is full time, M-F. Work location is on-site in midtown on Tuesday, Wednesday and Thursday, and remote on Monday and Friday.


RESPONSIBILITIES

  • Being responsible for the day-to-day compliance function of the client's health and disability businesses, including: reviewing vendor and client documents; participating in RFPs and the vendor selection process; conducting risk-based audits and assessments of business units and third-party vendors.
  • Coordinates the first-level pension appeals process, including: conducting research on the underlying facts; researching the applicable plan rules; proposing a resolution to the SVP, Business Compliance; drafting the acknowledgement and decision letters; and obtaining sign-off from the Legal and Client Services units.
  • Coordinates the quarterly Benefit Plans Committee meetings, including: setting meeting agendas in consultation with the client’s outside fiduciary consultant, the SVP, Deputy General Counsel, and the SVP, Business Compliance; gathering and circulating meeting materials to the members of the Benefit Plans Committee; and drafting and finalizing the meeting minutes.
  • Serves as the HIPAA Contact Person and supports the development and implementation of the HIPAA policies and procedures, including training, across the enterprise.


Hourly rate: $40-50/hour.


Please send your resume to

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