Compliance Specialist

You bring the motivation, teamwork, and integrity and we will provide the collaborative culture, professional development, and respect you deserve. And if you are good at what you do, you will have a career at Wespath Benefits and Investments. Join our team in Compliance, and if you like, teams such as our DEI Council or our Green Team on environmental sustainability – and make an impact through your work!

Wespath is an Equal Opportunity Employer that is committed to a diverse and inclusive company culture and does not discriminate against applicants and employees because of disability, sex, race, gender identity, sexual orientation, religion, national origin, age, veteran status, or any other protected status under the law.

Wespath, recognized as a 2017-2025 Chicago’s Best and Brightest Companies to Work For® and a 2018-2025 National Best and Brightest Companies to Work For®, has an opportunity for a Compliance Specialist that provides support and services to ensure Wespath-administered benefit plans and programs comply with IRS regulations, plan provisions, rules, and policies; and the rules of The United Methodist Church. The Compliance Specialist also supports the completion of the Enterprise Compliance Program.

More specifically, as a Compliance Specialist you will have the following key responsibilities:

Complete tasks for small estates, guardianships, and powers of attorney.
Perform research and documentation for assigned Special Requests.
Complete ad hoc compliance projects as assigned.
Respond to and/or document inquiries related to plan or regulatory provisions and requirements received from internal and external customers under guidance of more experienced Compliance team members.
Support the compliance team in organizational projects and initiatives to gain knowledge and experience.
Support the compliance team in completing the annual Enterprise Compliance Program and scheduled Compliance Assessments.
Perform and document walkthroughs of assigned less complex key compliance processes and controls.
Perform tests of assigned key compliance controls under direct supervision.
Review procedures for compliance with plan provisions, federal and state tax laws and other regulatory reporting and testing.
Assist in claims/appeals/Special Request processing.

Compliance Specialist Benefits and Compensation:

Medical, dental, vision and well-being benefits from our HealthFlex Exchange on day one.
8% employer contribution to retirement plan with an additional match up to 2% on day one.
22 days of PTO + 12 paid holidays.
Hybrid working arrangement.
The compensation range for this position is $63,000 - $70,000 with a bonus opportunity and customary benefits. Final compensation will be set based on the hired applicant’s qualifications (education, training, and/or experience related to this role), and as such, may fall outside the range shown.

#LI-CW1 #LI-hybrid

Minimum Requirements / Qualifications

2 years’ experience in employee benefit plan administration

Expert proficiency in Microsoft Office products including Word, PowerPoint, Excel, and Teams.
Demonstrated understanding of defined contribution and defined benefit retirement plans and health and welfare plan provisions in a non-profit church organization.

Preferred Qualifications

Wespath

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Compliance Specialist