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Blue Cross Blue Shield North Dakota
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Compliance Analyst
$82k-104k (estimate)
Full Time | Civic & Environmental Advocacy 6 Days Ago
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Blue Cross Blue Shield North Dakota is Hiring a Compliance Analyst Near Fargo, ND

All about us

You likely know us as an insurance company, but that’s just a portion of what we do. Hundreds of thousands of North Dakotans trust us to provide them with personalized service and unmatched access to care. It’s a mission we take seriously.

We also work with entities throughout the state to challenge the cost and complexity of health care in North Dakota. This uncompromising goal requires caring, innovative people who are ready and willing to help create a new level of health and well-being in North Dakota and beyond.

Work environment

This opportunity is eligible for remote, hybrid, or an in-office work arrangement. We empower our employees to find a work style that is best for them. Learn more at Life at Blue | BCBSND.

This position is eligible for internal and external applications.

Pay information

Pay Level: 022

FLSA Category: Exempt - Salaried

A day in the life

The Compliance Analyst is responsible for the administration and maintenance of moderately complex compliance activities to meet the organization’s legal and regulatory compliance obligations. This role investigates potential compliance issues, addresses policy and regulatory violations, and develops and facilitates training programs to prevent non-compliance.

Your responsibilities will include

  • Coordinates and oversees the documentation and review of moderately complex compliance activities and relevant business processes in compliance with applicable laws/regulations and internal programs and policies.
  • Develops and maintains effective service and support of internal collaboration by facilitating inter-divisional relationships, communication, and contact with relevant subject matter experts, leadership, and/or applicable parties.
  • Collaborates with subject matter experts and functional area management to ensure adherence to applicable laws/regulations and that the compliance programs foster and support a corporate culture of compliance excellence.
  • Investigates, documents, and resolves reports that violate a policy, procedure, practice, or contractual agreements within the organization.
  • Collaborates with applicable departments to review root-cause, remediation plan, and timeframe for each finding.
  • Interprets, guides, and assists appropriate management and/or staff with the development or revisions of procedures, policies, protocols, or operating guidelines to document compliance.
  • Evaluates existing processes and procedures to suggest appropriate improvements. Implements approved recommended improvements and monitors such improvements to ensure effectiveness.
  • Monitors, reviews, and assesses new and existing regulations to understand the effects to the organization.
  • Documents and tracks resolution of compliance issues and risks.
  • Assists in administering of records management.
  • Supports the development of data analysis tools to conduct compliance monitoring and helps develop metrics to track the overall effectiveness of the compliance program.
  • Performs work under general supervision. Handles moderately complex issues and problems and refers more complex issues to higher-level staff.

What you need to succeed

  • Bachelor's degree in Business, Legal, Auditing, Law Enforcement or related.
  • 3 years of Health insurance, regulatory compliance, investigations, auditing, government programs or related experience required.
  • Either have or are willing to obtain a Compliance and Ethics Professional (CCEP) certification or Certified in Healthcare Compliance (CHC) certification.
  • Desire to collaborate and communicate well with other team members.
  • Experience managing different projects with varying deadlines.
  • Ability to problem solve, find resolutions and think analytically through different situations.

Equivalent combination of education, experience or training determined to be acceptable by Human Resources may be substituted, unless regulated by contract or program standards

Benefits and perks

  • Wellness incentives including well-being lifestyle spending accounts, employee assistance program and employee discounts.
  • Encouraged paid time off including paid holidays and flexible holidays to use as you wish.
  • 16 hours of paid volunteer time with a $200 donation to a charity of your choice upon completion of all volunteer hours.
  • Employee recognition, community initiative events and yearly company outings.
  • Workplace flexibility offering different options for working arrangements and the freedom to make time for important commitments.
  • Our core benefits include health, dental, vision and life insurance, short-term and long-term disability and paid parental leave.

Equal opportunity employment

Equal Opportunity Employer of Minorities, Females, Protected Veterans and Individual with Disabilities, as well as Sexual Orientation or Gender Identity.

For questions, please email careers@bcbsnd.com.

This job posting will be closed 4/25/2024 at 8:00 a.m. (CT). No further applications will be considered.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Job Summary

JOB TYPE

Full Time

INDUSTRY

Civic & Environmental Advocacy

SALARY

$82k-104k (estimate)

POST DATE

04/23/2024

EXPIRATION DATE

06/22/2024

WEBSITE

bcbsnd.com

HEADQUARTERS

FARGO, ND

SIZE

15,000 - 50,000

FOUNDED

1940

TYPE

Private

CEO

TIM HUCKLE

REVENUE

$1B - $3B

INDUSTRY

Civic & Environmental Advocacy

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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.

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

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

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

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

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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.

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

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

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Ability to accurately complete applications for compliance certification.

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Get Certifications and Continue Learning.

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

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