Counsel – Employee Benefits

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee, evaluate, and interpret state and federal laws, regulations, and guidance that affect statutory PFML, disability, and various employee benefits products.

• Offer regulatory and compliance advice to business stakeholders concerning product, operational, claims, distribution, and implementation issues.

• Assist in the development, launch, and continuous management of employee benefits products, such as PFML, disability, and other group insurance offerings.

• Assess policy forms, certificates, riders, marketing materials, training documentation, and business processes for adherence to relevant legal and regulatory standards.

• Conduct regulatory research and support insurance department filings and reporting, regulatory inquiries, examinations, complaints, claim appeals, arbitrations, and other regulatory matters.

• Collaborate with Product, Operations, Claims, Compliance, Actuarial, Underwriting, Distribution, Marketing, and Compliance/Legal teams to pinpoint compliance risks and formulate practical business solutions.

• Act as the Compliance representative on cross-functional projects, strategic initiatives, and product development ventures.

• Create and present training, guidance, and educational materials related to regulatory requirements and emerging compliance issues impacting employee benefits products.

• Track legislative and regulatory changes through trade associations and prepare impact assessments and recommendations for business stakeholders.

• Aid in the creation and upkeep of compliance policies, procedures, controls, and governance processes intended to enhance regulatory compliance and effective risk management.

⛳️ Requirements

• Juris Doctor (J.D.) from an accredited law school.

• Licensed and in good standing in at least one U.S. jurisdiction.

• Approximately five years of relevant professional experience (or equivalent).

• Strong legal research, analytical, issue-spotting, and problem-solving abilities.

• Exceptional written and verbal communication skills.

• Capability to translate intricate legal and regulatory requirements into practical business guidance.

• Proficient in working effectively with cross-functional stakeholders.

• Quick learner with the ability to grasp new subject matter swiftly.

• Competence in managing multiple priorities in a fast-paced environment.

• Strongly preferred: significant experience supporting employee benefits products, including statutory PFML, disability insurance, group insurance, leave management, accident and health insurance, or related employee benefits products.

• Strongly preferred: experience in the insurance industry at an insurance carrier or a law firm with a focus on insurance regulatory matters.

• Strongly preferred: experience in interpreting and applying state and federal insurance laws and regulations, along with providing compliance, regulatory, or legal guidance in support of insurance products and business operations.

🏝️ Benefits

• Comprehensive health, dental, and vision insurance.

• Mental health benefits.

• Employee assistance program.

• Paid time off.

• Paid parental leave.

• Short-term disability.

• Cultural observance day.

• Contributions to healthcare accounts.

• Pension plan.

• 401(k) plan with Company matching.

• ProHealth Rewards platform with cash rewards.

• Annual incentive based on individual and Company performance.

• Additional incentive opportunities.

• Disability accommodation support during the application and recruitment process.