Director - Compliance & Audit Team

Company: Willis Towers Watson
Location: Chicago
Posted on: March 26, 2025

Job Description:

DescriptionIn this role you will be responsible for developing new business, leading and delivering strategic client engagements and serving as strategic advisor to clients concerning their compliance issues. You will be working both directly with clients and in coordination with our broader H&B practice, as well as our Technical Services Group and Retirement practice. You will also be asked to contribute your thought leadership to the overall development of the practice.Performance Objectives:Financial

• Identify opportunities to cross-sell new products and services by working with Market Leaders, Sales and Client Relationship Management teams to identify, develop and close strategic sales opportunitiesClients
  • Partner with colleagues to support multiple client projects involving health and welfare benefit plan design and strategy and federal, state and local compliance issues
  • Develop client deliverables in coordination with consultants and senior consultants
  • Finalize and present quality deliverables to clients
  • Establish a trusted advisor role with clients and provide consistent, superior relationship management
  • Research various compliance and tax issues, draft responses and memoranda and assist client meetings and presentations
  • Participate on compliance audits and benefits administration/process improvement reviews
  • Assist with the preparation of presentations and reports on changing laws and the impact on employers and their benefit plans
  • Partner with colleagues to manage multiple client projects involving health and welfare benefit plan design and strategy and federal, state and local compliance issues
  • Develop plans for execution of large engagementsExcellence
    • Serve as a subject matter expert on health and welfare laws and regulations
    • Perform technical review of work products
    • Contribute to the development of new tools and approaches related to compliance consultingPeople
      • Demonstrate extensive leadership ability by mentoring other consultants
      • Build relationships internally and collaborate effectively on cross-functional teams
      • Oversee analysts and consultants in the delivery of compliance projectsQualificationsThe Requirements
        • Juris Doctorate strongly suggested and minimum of 10 years relevant experience within employee benefits
        • Proven experience and success in employee health and welfare benefit consulting with a focus on compliance. Prior experience in a professional services firm, insurance company or legal environment preferred
        • Deep knowledge of IRC, ERISA, HIPAA and other relevant laws and regulations affecting employee benefit plans
        • A broad understanding of human capital strategy and the ability to contribute to cross-practice client engagements
        • Experience in managing multiple people and projects and producing quality deliverables on time and within budget
        • Proven ability to recognize and diagnose issues, work in teams, and leverage the resources of other related practices to address client challenges
        • Material client-facing experience with public speaking experience a plusCompensation and BenefitsBase salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.CompensationThe base salary compensation range being offered for this role is $185,000-$195,000 USD per year.This role is also eligible for an annual short-term incentive bonusCompany BenefitsWTW provides a competitive benefit package which includes the following (eligibility requirements apply):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 paid 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), .Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.EOE, including disability/vetsThis position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
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Keywords: Willis Towers Watson, Chicago , Director - Compliance & Audit Team, Executive , Chicago, Illinois