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Hilb Group

Compliance Specialist

Career Insights for Compliance Officer / Analyst

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Based on Rhode Island 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.

$75,521 / year median in Rhode Island

-2% projected decline

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Job Description

Hilb Group is looking for a Compliance Specialist to join our Employee Benefits Compliance national practice group. The EB Compliance group includes 5 lawyers and works to ensure our clients' compliance with the laws and regulations governing health and welfare plans, including ERISA and the Affordable Care Act. We are seeking a Compliance Specialist to assist with the creation of client-facing documents and contracts, as well as filing and reporting requirements. Primary duties include drafting client service agreements and preparing and filing Forms 5500, 720, 1094, and 1095. A keen eye for detail, next-level organization and the ability to meet deadlines with precision are essential. Experience in a legal position and/or experience with employee benefits is preferred but not required. We are open to an in-person, remote, or hybrid work arrangement; proximity to our Cranston, RI office is a plus. The key responsibilities include but are not limited to: Draft, review, and edit client service agreements using a contract management system Track client service agreements from initial request through final execution Hands-on assistance with the preparation of annual reporting and filing, including Forms 5500, 720 and 1095 Update and maintain employer and benefits plan information in multiple technology platforms to ensure accuracy
Knowledge, Skills and Abilities:
Demonstrates very strong attention to detail Manages multiple clients, assignments, and deadlines with strong organizational skills Aptitude for learning new technology platforms Ability to problem solve and set priorities, and to ask questions when needed Strong time management skills and the ability to meet deadlines with accuracy Works independently as well as with a team Interact with internal staff and clients in a professional and pleasant matter Strong oral and written communication skills Demonstrate persistence to overcome obstacles or challenges Strives to improve skills and achieve goals
Education and Experience:
BA/BS degree required, paralegal or legal studies certification or legal work experience preferred Practical experience in employee benefits is a plus Highly proficient in Microsoft Word, Excel, Planner, and Forms Experience with contract management software a plus