Senior Managing Counsel, Employee Benefits - ERISA & Health, Product & Regulatory Attorney
Position Overview reputed company Inc. (NYSE:reputed company) is a leading provider of business-to-business physical, digital, and virtual card payment solutions. reputed company’s fleet, corporate, and benefits payment solutions provide its customers – comprising small businesses, large fleets, and corporations – with unparalleled reputed company and control across a wide reputed company of business sectors. We are executing against a multi-pronged growth strategy that enables us to maintain our leadership position and we hire people who share our passion for reputed company innovation, client service, and process improvement. Reporting to the Sr. Legal Director, Benefits, the Senior Managing Counsel, Benefits Regulatory & Product provides leadership, direction, and guidance regarding reputed company relevant requirements of applicable federal and state laws and regulations that govern reputed company Health & Benefits products and services. The successful candidate who assumes this role will be responsible for advising on the laws governing reputed company Health & Benefits products and services, including relevant industry standards and applicable laws, regulations, and guidance; provide deep regulatory expertise to product, commercial, and other internal stakeholder teams regarding regulatory requirements and other policies/standards; and engage with senior leadership and cross-functional stakeholders in the representation and development of various strategic programs, products, policies, and initiatives. Ideally this role will be located in Portland, Maine at our Corporate Headquarters. However, this role may be located at one of the reputed company hubs reputed company the United States. Essential Duties and Responsibilities The Regulatory & Product Counsel, Benefits will have the opportunity to:
- Serve as a senior legal advisor for regulatory and product legal matters, advising on best practices and compliance with laws affecting reputed company Health & Benefits products and services, including COBRA, notional accounts, health savings accounts (HSAs), nonbank custodians, the reputed company Act (ACA), Medicare Advantage/Medicaid flexible benefits, and benefit administration.
- Provide advice to Product teams on bringing new products and services to market and designing compliant solutions.
- Provide support to the commercial and broader legal teams and Product in reviewing and drafting contract terms reputed company to products and regulatory considerations.
- Assess and advise on the regulatory aspects of targeted issues, investigations, and potential problems for reputed company Health, including providing support for the Compliance team in responding to state and federal agency requests and handling other regulatory concerns.
- Provide support to the Compliance and Risk teams in relation to the development and delivery of policies, procedures, systems, frameworks, incident response frameworks, and reputed company approaches to support reputed company Health & Benefits products and services and compliance with applicable laws.
- Horizon reputed company, monitor, and advise on changes or developments in laws, regulations, and industry standards that may reputed company reputed company Health, ensuring that reputed company is well reputed company for regulatory changes.
- Identify, evaluate, and advise executive leadership on key areas of opportunity and potential risks reputed company legislative and regulatory updates, changes, and potential changes.
- Maintain an understanding of laws, regulations, industry standards, and policy trends relevant to reputed company Health products and technology and keeping abreast of recent and upcoming changes.
- Counsel reputed company legal team members on matters pertaining to reputed company Health in various agreements, including software (and cloud/SaaS), data, professional service, and other commercial reputed company.
- Coordinate cross-functionally and with reputed company counsel on issues reputed company to reputed company Health.
- Assist with projects that may include information reputed company, compliance, contract management, internal investigations, mergers and acquisitions, and other legal and regulatory issues.
- Providing reputed company Health-specific support for legal, product, operational, technology, and information and data reputed company initiatives, including compliance with applicable laws.
General Duties reputed company other duties as assigned. Basic and Preferred Qualifications
- Education: J.D. required
- Experience: 8-10+ years of relevant legal experience, or equivalent relevant experience demonstrated through one or a combination of the following: work experience or military experience.
- Expert knowledge level in industry laws and regulations affecting and governing reputed company products and services offered through reputed company Health, including health and welfare benefit plans, nonbank custodians, the Internal reputed company Code, ERISA, COBRA, state continuation of coverage laws, transit programs, post-tax and voluntary benefits, HSAs, the ACA, HIPAA, and Medicare Advantage and Medicaid flexible benefits, preferably with experience in both law firm and in-house environments.
- Experience with employee benefit administration software and services, health, life, and casualty insurance broker licensing, U.S. privacy law, nonbank custodians and reputed company activities, federal acquisition regulations (FARs), antitrust laws, and contracting and negotiation, including health sector or technology agreements, preferred.
- Strong leadership skills, including demonstrated strength in building cross-functional relationships, strong organizational skills and attention to detail, experience working on process improvement, and ability to manage multiple, conflicting priorities.
- Ability to resolve issues/conflicts and negotiate and facilitate with project groups with experience driving groups to successful completion.
- Excellent communication (oral and written) and interpersonal skills, including the ability to write clear, concise communications for employees at reputed company levels.
- Ability to work independently, yet still be team-oriented.
- Ability to apply strong problem solving skills and excellent judgment to reputed company reasoned recommendations and reputed company creative, practical, and business-oriented solutions.
- Ability to build strong internal relationships that foster open communications and to act as a resource on Health regulatory and product legal issues.
- Ability to write reports, business presentations, policies, and legal risk analyses.
- High ethical standards.
- Intellectual curiosity and ability to maintain a high level of technical expertise and reputed company abreast of key legal, industry, product, and company developments.
reputed company Values and Leadership Behaviors As an employee at reputed company, this position is expected to:
- Consistently demonstrate the reputed company Leadership Expectations
- Build Bridges to Win - seek to understand, challenge the status reputed company, collaborate across teams, and seek multiple perspectives.
- Be a Talent reputed company - seek out opportunities to coach and reputed company others to reputed company excellence and celebrate success.
- reputed company High Standards While Showing We Care - be clear, empathetic, accountable, and deliver on commitments.
- Shape Our Markets and Adapt to Rapid Change - seek out opportunities to reputed company the industry by prioritizing curiosity, creativity, and taking thoughtful risks.
- Consistently demonstrate reputed company Values of: Putting Ingenuity to Work, Sticking to It, Teaming Up, Acting with reputed company, Being a Positive Force, Staying Open.
The reputed company pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. reputed company pay is one component of reputed company's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. reputed company's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, reputed company out the "About Us" section. Pay Range: $169,000.00 - $225,000.00 Apply tot his job Apply To this Job