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WTW · 1 day ago

Employee Benefits Counsel

New York, NY

Full-time

Hybrid

Senior Level

$200K/yr - $240K/yr

7+ years exp

WTW is a leading company in the employee benefits sector, seeking an Employee Benefits Counsel to support their Health, Wealth & Career segment in the U.S. This role involves providing legal expertise on health and welfare plans, preparing legislative updates, and advising clients on regulatory issues.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Hiring Manager

Marion Schamberger

Responsibilities

Preparing Legislative & Regulatory Updates and other intellectual capital (collaborating with business leaders and marketing, as appropriate)

Performing research and advising clients and consultants on a wide range of health and welfare plan issues

Analyzing legislation, regulations and case law with respect to health and welfare plans

Serve as national technical resource for associates on legislative and regulatory issues

Understand the U.S. healthcare policy landscape

Analyze health and welfare-related legislative and regulatory developments

Ensure clients and colleagues are regularly informed about the implications and opportunities that changing laws and regulations have on the design, administration and governance of health and welfare plans

Coordinate with business leadership on legislative and regulatory priorities

Respond on a timely basis to requests for assistance from colleagues concerning technical/regulatory issues related to our clients’ health and welfare plans

Develop innovative and leverageable solutions to address challenging client problems

Increase internal sphere of influence and external marketplace presence by creating broad awareness of WTW subject matter areas of expertise

On occasion, present at internal or external conference/business roundtables and other events on current legislative and regulatory developments

Build relationships internally and collaborate effectively on cross-functional teams

Qualification

HealthWelfare lawERISA knowledgeInternal Revenue CodeLegal analysisJuris DoctorateState bar membershipHealthcare policy understandingCollaborative styleEffective communicationPresentation skills

Required

7+ years of relevant health and welfare legal and regulatory experience at a legal, accounting or consulting firm, or in a corporate legal department

Juris Doctorate from an accredited law school and active membership in a state bar association

Substantial knowledge of ERISA, the Internal Revenue Code, COBRA, HIPAA, the Affordable Care Act, Mental Health Parity, and other federal and state healthcare-related statutes

Substantial knowledge of the design and ongoing administration needs of health and welfare plans

Understanding of the fiduciary health plan litigation landscape, emerging litigation trends, and governance structure and best practices

Ability to analyze complex legal and regulatory developments, understand the impact on employers' health and welfare plan strategy, and effectively communicate key implications and insights to non-lawyer clients and colleagues

Strong service orientation and sense of urgency regarding clients' needs

Collaborative style suited to working on a team with expert colleagues who strive to ensure the quality of one another's work

Effective speaking and presentation skills for occasional internal training and client presentations

Benefits

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)

Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off

Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.