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Diversified Benefit Services, Inc.

Compliance Analyst

Entry-Level JobVerifiedNo experience needed

Career Insights for Compliance Officer / Analyst

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Based on Wisconsin data

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What they do

A Compliance Officer or Analyst monitors internal compliance with company policies and also company compliance with local, state and federal laws. Reviews company documents, including contracts and marketing materials; communicates with employees and develops training and internal policy materials.

$75,194 / year median in Wisconsin

-4% projected decline

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Job Description

Compliance Analyst Diversified Benefit Services, Inc. - 3.8 Hartland, WI Job Details Full-time 2 days ago Benefits Paid training Health savings account Paid holidays Disability insurance Health insurance Dental insurance Flexible spending account Paid time off Vision insurance 401(k) matching Opportunities for advancement Life insurance Referral program Prescription drug insurance Qualifications Benefits administration Written communication Regulatory compliance COBRA management Health insurance Attention to detail Organizational skills Technical interpretation Analytical thinking Internal communication Time management
Full Job Description Job Description:
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 Contribution HRAs (ICHRAs). Our mission is to help employers and participants maximize their benefits with confidence, clarity, and compliance.
Job Description:
We are seeking a Compliance Analyst to join our dynamic and detail-focused team. In this role, you'll serve as an internal information resource 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. What You'll Do 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 an understanding and become proficient in preparation of plan documents. Assist in the preparation of written client and business partner informational releases regarding regulations, plan updates, action needed, deadlines, etc. Maintain easy to use compliance related resource materials for internal staff members. What We're Looking For
  • Someone who desires to become an expert in FSA, HRA, HSA, and COBRA compliance.
  • A strong written and verbal communicator who can 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.
  • Someone with strong critical thinking skills who has the ability to compare and contrast various information sources.
  • Demonstrated meticulous attention to detail.
  • Strong time management, research and organizational skills in a deadline driven environment.
  • Prior COBRA, health insurance or employee benefits compliance/research experience a plus.
Why Join Us /
What We Offer Compensation:
Competitive salary Annual performance reviews
Job Type:
Full-time Schedule:
Monday to Friday Flexible start time (8:00 or 8:30 a.m.) Onsite/hybrid (Fulltime in office for six months with successful completion of training program. Role then transitions to hybrid with one day remote and four in office)
Benefits:
Health, dental, vision and prescription drug 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 holiday pay Employee Referral bonus program Paid training program and professional development Opportunities for advancement and career pathing within a growing organization
Location:
Hartland, WI Ready to Apply? If you're naturally curious, analytical, and someone who enjoys digging into details to find the right answer, as a Compliance Analyst you'll be a trusted internal resource for our front-line service team helping to navigate complex questions and providing clear guidance on employee benefit regulations.
APPLY NOW OR TAG SOMEONE WHO'S READY FOR THEIR NEXT GREAT OPPORTUNITY!
https://www.dbsbenefits.com/careers/ Application Question(s): Do you have prior COBRA, health insurance or employee benefits compliance/research experience? Please share your desired compensation range for this role. Will you be able to reliably commute to Hartland, WI 53029 for this job? (1 day remote is available after 6 months)
Work Location:
Hybrid remote in Hartland, WI 53029

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Professional Development
  • Other Retirement and Savings