Employee Benefits Division
Senior Regulatory Compliance Advisor
The Fedeli Group (TFG) is a Cleveland-based firm specializing in employee benefits consulting, property and casualty insurance, and risk management solutions. We provide services to a wide range of industries, governmental entities, and non-profit organizations.
We have a culture built on integrity, work ethic, and teamwork. We are in a dynamic and often complex business that presents an exciting environment for those interested in continuous learning, personal improvement, and excellence in client delivery.
The senior regulatory compliance advisor serves a key role in helping clients adhere to various rules and regulations that pertain to employee benefits. The senior regulatory compliance advisor will perform the following functions.
- Develop a consistent process / checklist to review client compliance with ERISA, State laws, and other employee benefit related regulations.
- Conduct compliance risk assessments and provide risk mitigation recommendations to each Client
- Ensure proper documentation and record-keeping of compliance activities
- Educate and assist clients with filings.
- Coordinate Form 5500 filings
- Calculate PCORI fees, conduct Affordability tests, guide clients through non-discrimination testing.
- Develop and implement a regulatory compliance training program (including contact review) for internal staff.
- Provide regulatory updates for clients.
- Seminars / Webinars
- Written posts through the Fedeli Digest
- At least once per year produce a high quality compliance update white paper
- Work with outside legal counsel on plan document preparation and review.
- Investigate and resolve compliance issues and violations such as: COBRA, Severance, ACA rules, FMLA, State and Municipal laws.
- Provide compliance training to HR and management for self-funded Clients.
Core Skills
- A deep understanding of regulatory compliance issues in employee benefits. Especially critical is the ability to “connect the dots” with multiple and sometimes conflicting regulations.
- A solid understanding of corporate taxation and business structures and their impact on employee benefit plans.
- Collaborative problem solving and project management ability.
- Employee benefit plan program knowledge: funding methods and contract features.
- Strong presentation skills: ability to clearly explain complex concepts and regulatory terms, adapting to the backgrounds of different audiences (CFO, HR Director, CEO).
- Excellent writing skills
- Excellent PowerPoint skills, including concept visualization
Experience and Education
- At least seven years of experience in health care / employee benefits compliance
- Extensive client interaction, including presentation delivery to organizational leaders.
- Bachelor’s degree with a concentration in one or more of the following areas: economics, business law, political science, English.
- CEBS designation is a plus.