Compliance Director, EB

Job Description

We are looking to add a Compliance Director to join our Employee Benefits team in Dallas, TX, St. Louis Park, MN, or Waukee, IA. Offering a forward-thinking, innovative, and vibrant company culture, along with the opportunity to share your unique potential, there really is no place like Holmes!

Essential Responsibilities

• Provide strategic compliance guidance, both internally and with clients, regarding applicable federal and state laws, including all aspects of Internal Revenue Code (the Code), ERISA, ACA, HIPAA, internal Holmes Murphy policies and procedures, and other relevant laws and regulations as they affect employee benefit plans, to ensure effective customer service and mitigate corporate risk.
• Serve as a business development resource representing HMA’s compliance philosophy and operations in prospect meetings/finalist presentations.
• Respond directly to client inquiries and consult on areas to mitigate client risk without providing legal advice.
• Create and deliver educational presentations for clients and Holmes Murphy employees to keep them abreast of legal and regulatory developments through individual interaction, internal and external webinars, seminars and other live events annually.
• Develop and maintain written, client-facing educational tools for health and welfare employee benefits compliance.
• Continue to enhance the Holmes Murphy value proposition by implementing best in class tools and resources that can be deployed to our clients.
• Lead Compliance Committee comprised of various Employee Benefits roles.
• Identify and develop relationships with preferred compliance vendor sales and account management teams. Manages complex or escalated vendor issues.
  
  

Management Responsibilities

• Lead and motivate team by:
• Ensuring right talent is in the right role for the success of the organization, which may include hiring and terminating employees.
• Coaching and counseling team members on areas such as workflow, process and procedure, customer service and client consulting.
• Preparing and conducting performance feedback that defines future goals and objectives and holds employees accountable.
• Fostering a high-performance culture by supporting career development and advancement for team members.
• Responsible for timesheet management, including responding to PTO/RTO requests and approving timesheets.
• Participate in compensation decisions for team members, as applicable.
• Facilitate regularly scheduled meetings to foster teamwork.
• Attend team and enterprise meetings, as well as leadership training opportunities offered internally and externally.
• Coordinate initial and ongoing training with Growth & Development and team members on established processes and procedures.
• Provide back-up assistance for team members, as necessary.
  

Qualifications

• Education: High school diploma; college degree preferred.
• Experience: Minimum 7 years ERISA and Employee Benefits and compliance experience.
• Skills & Licensing: JD and licensed and in good standing; Active state bar license required. Prior experience at carrier or broker agency firm and/or Labor & Employment Law experience a plus.
• Technical Competencies: Demonstrates strong industry knowledge by applying insurance principles to deliver exceptional client experiences, aligning strategies with client needs while ensuring compliance. Skilled in problem solving and risk management, efficiently identifying issues, implementing solutions, and mitigating potential risks to protect stakeholders.
  
  

Here’s a Little Bit About Us

In addition to being great at what you do, we place a high emphasis on building a best-in-class culture. We do this through empowering employees to build trust through honest and caring actions, ensuring clear and constructive communication, establishing meaningful client relationships that support their unique potential, and contributing to the organization's success by effectively influencing and uplifting team members.

Benefits: In addition to core benefits like health, dental and vision, also enjoy benefits such as:

• Paid Parental Leave and supportive New Parent Benefits — We know being a working parent is hard, and we want to support our employees in this journey!
• Company paid continuing Education & Tuition Reimbursement — We support those who want to develop and grow.
• 401k Profit Sharing — Each year, Holmes Murphy makes a lump sum contribution to every full-time employee’s 401k. This means, even if you’re not in a position to set money aside for the future at any point in time, Holmes Murphy will do it on your behalf! We are forward-thinking and want to be sure your future is cared for.
• Generous time off practices in addition to paid holidays — Yes, we actually encourage employees to use their time off, and they do. After all, you can’t be at your best for our clients if you’re not at your best for yourself first.
• Supportive of community efforts with paid Volunteer time off and employee matching gifts to charities that are important to you — Through our Holmes Murphy Foundation, we offer several vehicles where you can make an impact and care for those around you.
• DE&I programs — Holmes Murphy is committed to celebrating every employee’s unique diversity, equity, and inclusion (DE&I) experience with us. Not only do we offer all employees a paid Diversity Day time off option, but we also have a Chief Diversity Officer on hand, as well as a DE&I project team, committee, and interest group. You will have the opportunity to take part in those if you wish!
• Consistent merit increase and promotion opportunities — Annually, employees are reviewed for merit increases and promotion opportunities because we believe growth is important — not only with your financial wellbeing, but also your career wellbeing.
• Discretionary bonus opportunity — Yes, there is an annual opportunity to make more money. Who doesn’t love that?!
  
  

The salary range for Minnesota residents is $132,000– $219,900. Compensation is based on several factors, including, but not limited to, education, work experience and industry certifications. In addition to your salary, Holmes Murphy offers a comprehensive total rewards program including annual bonuses, total wellbeing benefits and support for professional development.

Holmes Murphy & Associates is an Equal Opportunity Employer.