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Company 19 - John Hancock Life Insurance Company (U.S.A.)
USA, MA | Full Time
$56k-74k (estimate)
11 Months Ago
Compliance Analyst
$56k-74k (estimate)
Full Time 11 Months Ago
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Company 19 - John Hancock Life Insurance Company (U.S.A.) is Hiring a Compliance Analyst Near USA, MA

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today. Working Arrangement At Home Job Description The Opportunity As a Compliance Analyst, you will be part of the US John Hancock Retirement segment of the business in the Sponsor Support department. You will be responsible for complex data processing tasks such as collecting, scrubbing, and uploading participant level account data with efficiency and accuracy to meet the service levels set by management. In addition to communicating with plan sponsors and internal partners via our Parts recordkeeping system, you will be asked to read and comprehend retirement plan provisions from plan documents and amendments to ensure that reports are properly generated according to Eligibility, Compensation, and Contributions. This is a remote opportunity open to candidates in the United States or Canada. Responsibilities Understanding of customized plan documents and amendments to ensure that reports are properly generated according to Eligibility, Compensation, and Annual Employer contributions requirements. Calculating complex employer matching contributions such as Annual Match, Lookback Match, and Profit-Sharing contributions using pro rata, integrated and straight allocation methods. Analyze and reconcile all reporting related to non-discrimination testing & submit to the Compliance & Government Reporting team. Work with Compliance & Government Reporting team for any issues that may come up during their testing run. Perform other job-related duties and special projects as assigned. How will you create impact? Reporting into the Operations Manager, the Compliance Analyst will play a key role in ensuring clients are on track to meet the IRS requirements for compliance activities such as Nondiscrimination testing, Loan Delinquency reporting, and Required minimum Distributions. The Compliance Analyst will work with the Client Service Manager team & the ERISA Government & Reporting team to ensure Nondiscrimination testing is completed accurately and timely prior to the IRS mandated deadlines. What motivates you? You obsess about customers, listen, engage, and act for their benefit. You think big, with curiosity to discover ways to use your agile approach and enable business outcomes. You thrive in teams and enjoy getting things done together. You take ownership and build solutions, focusing on what matters. You do what is right, work with integrity and speak up. You share your humanity, helping us build a diverse and inclusive work environment for everyone. What we are looking for Bachelor’s degree required. 5-7 years working in a financial services operation’s environment. 5 years working in Defined Contribution plan administration (Third Party Administrator focus preferred). Prior experience reading and interpreting 401k Retirement Plan Documents required. Excellent data analysis and technology skills. Ability to organize, prioritize, and process multiple issues simultaneously. Demonstrated analytical / problem solving skills in the financial services industry. Demonstrated excellence in written and verbal communication. Time management focused adhering to deadlines and timelines. ASPAA Certificate preferred but not required. What can we offer you? A competitive salary and benefits packages. A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills. A focus on growing your career path with us. Flexible work policies and strong work-life balance. Professional development and leadership opportunities. Our commitment to you Values-first culture: We lead with our Values every day and bring them to life together. Boundless opportunity: We create opportunities to learn and grow at every stage of your career. Continuous innovation: We invite you to help redefine the future of financial services. Delivering the promise of Diversity, Equity, and Inclusion: We foster an inclusive workplace where everyone thrives. Championing Corporate Citizenship: We build a business that benefits all stakeholders and has a positive social and environmental impact. #LI-JH #LI-Remote About Manulife and John Hancock Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong. Manulife is an Equal Opportunity Employer At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law. It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact recruitment@manulife.com. Salary & Benefits The annual base salary for this role is listed below. Primary Location USA, Massachusetts - Full Time Remote Salary range is expected to be between $66,675.00 USD - $111,125.00 USD If you are applying for this role outside of the primary location, please contact recruitment@manulife.com for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance. Manulife/John Hancock offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension/401(k) savings plans and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in the U.S. includes up to 11 paid holidays, 3 personal days, 150 hours of vacation, and 40 hours of sick time (or more where required by law) each year, and we offer the full range of statutory leaves of absence. Know Your Rights I Family & Medical Leave I Employee Polygraph Protection I Right to Work I E-Verify I Pay Transparency Company: John Hancock Life Insurance Company (U.S.A.) We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. We offer work that challenges and makes a difference within a flexible and supportive environment, so you can help make decisions easier and lives better for our customers. We’re proud of our accomplishments and recognitions. Recent awards include: Forbes 2022 World’s Best Employers Canada’s Top 100 Employers 2023 Best Place to Work in Asia-Pacific 2022 Canada’s Top Employers for Young People 2023 Best Place to Work for LGBTQ Equality 2022 To receive our latest job opportunities directly to your inbox, create an account or sign in and navigate to the 'Job Alerts' section located in the top right corner of the page. From there, you can sign up to receive job alerts. Discover how you can grow your career, make impact and drive real change with our Winning Team today at www.manulife.com/careers.

Job Summary

JOB TYPE

Full Time

SALARY

$56k-74k (estimate)

POST DATE

05/26/2022

EXPIRATION DATE

09/30/2023

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The job skills required for Compliance Analyst include Risk Management, Analysis, Leadership, Microsoft Office, Attention to Detail, Financial Services, etc. Having related job skills and expertise will give you an advantage when applying to be a Compliance Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Compliance Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Compliance Analyst positions, which can be used as a reference in future career path planning. As a Compliance Analyst, it can be promoted into senior positions as a Compliance Specialist IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compliance Analyst. You can explore the career advancement for a Compliance Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Compliance Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Compliance Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Compliance Analyst job description and responsibilities

Compliance analysts can help ensure that your organization's products or processes meet compliance specifications.

03/13/2022: Hopkinsville, KY

They can audit members of professional organizations to determine whether they meet the standards set by the organization.

03/11/2022: Fresno, CA

Most of them contribute to security designs through acquisitions and/or system developments to deliver and maintain a compliant system.

02/10/2022: Clearwater, FL

Help companies remain compliant with regulations, thus preparing them for audits.

03/13/2022: Columbus, OH

The compliance analyst has a duty to maintain legal and regulatory compliance by researching, analyzing, and communicating regulatory requirements and obtaining the appropriate approvals.

02/27/2022: Casper, WY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Compliance Analyst jobs

Every compliance analyst has slightly different duties, tasks, and responsibilities due to varying job descriptions.

12/30/2021: Billings, MT

Smaller organizations still focus on having a single compliance specialist rather than a complete department.

01/25/2022: Santa Cruz, CA

Sometimes, the compliance analyst works along with the compliance head and other compliance officers.

01/26/2022: Denver, CO

Ability to accurately complete applications for compliance certification.

03/08/2022: Fayetteville, AR

Get Certifications and Continue Learning.

12/24/2021: Saginaw, MI

Step 3: View the best colleges and universities for Compliance Analyst.

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