Compliance Analyst - Health, Life and Benefits

ADP • Florham Park, NJ

7h

About The Position

ADP is hiring a Compliance Analyst.

Requirements

• 3 to 5 Years of Directly Related Experience
• Bachelor's Degree required or in progress
• 2-5 years’ minimum experience with insurance companies
• Licensed in Health and Life lines required
• Proficient in Xcel basic Xcel formulas and conditional formatting, and Report formatting
• Excellent Data validation Skills
• Excellent written and verbal communication skills, including the ability to prepare and conduct presentations
• Excellent analytical and problem- solving skills
• Proficient with Microsoft Word and Outlook

Nice To Haves

• Licensed in Property and Casualty a plus

Responsibilities

• Monitor licenses of all associates who are required to maintain an insurance license, including conducting monthly license audit; and enforcing ADPIA license policy, where necessary.
• Manage agency and producer appointments and terminations with carrier partners.
• Maintain, deliver, and monitor mandatory internal compliance trainings to all new Insurance associates, prepare reporting and enforce ADPIA policies, where applicable.
• Monitor that all agency-related training requirements are met and produce monthly reporting on associates out of compliance and enforce ADPIA policies, where applicable.
• Manage access to licensing and continuing education platforms.
• Manage access and termination to third-party vendors and carrier platforms.
• Advise Sales and Service by answering inquiries that focus on compliance issues, primarily around licensing, and appointment, etc.
• Interface with Legal to manage appointments, carrier contract amendments, and portal access, etc.
• Manage ICHRA Associates’ Attestation.
• Attend weekly H&B Appointment call, providing guidance regarding H&B carrier appointments, etc.
• Conduct monthly NPC file reviews, produce reports and work with Finance to effectuate the reversal roll call for out of compliance associates.
• Conduct monthly random file audits for Sales/Implementation/Service to determine that each sampling has conformed with state, carrier and agency requirements; and produce monthly reporting to reflect results.
• Deliver File review (Quality) results during file review meetings and discuss trends and observations. Resolve appeals, drive improved process, quality, and best practices.
• Manage Pay Associates onboarding, including but not limited to, assigning training, and removing associates from the program.
• Act as a resource for projects that have been transitioned to Team India.
• Perform other related duties as assigned by Team Lead or Senior Director.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level