Lead Benefits Compliance Specialist (Virtual)

at  Boeing

At Boeing, we innovate and collaborate to make the world a better place. From the seabed to outer space, you can contribute to work that matters with a company where diversity, equity and inclusion are shared values. We’re committed to fostering an environment for every teammate that’s welcoming, respectful and inclusive, with great opportunity for professional growth. Find your future with us.
The Boeing Company’s Human Resources (HR) Retirement and Financial Wellbeing organization is currently seeking a Lead Benefits Compliance Specialist to join our team to support benefits compliance issues. A law degree and work experience as an ERISA attorney preferred.
This position will provide subject matter expertise (SME) to coworkers regarding benefit issues and concerns and will respond to many complex questions. The role will also support international plan administration. A successful candidate will have strong written and verbal communication, organization and multitasking skills.

PREFERRED QUALIFICATIONS (DESIRED SKILLS/EXPERIENCE):

• Possess a Law Degree
• 1+ years of experience with international employee benefits
• 3+ years of experience leading and prioritizing request for proposals (RFP)
• 3+ years of experience with proposal management, strategies development and/or contract negotiations
• 3+ years of litigation experience in either a law firm or corporate law department

TYPICAL EDUCATION & EXPERIENCE:

Typically 15 or more years’ related work experience or relevant military experience. Advanced degree (e.g. Bachelor, Master, etc.) preferred, but not required.

• Act as internal consultant to customers regarding benefit programs
• Serve as a subject matter expert in retirement plan compliance issues
• Manage external compliance supplier work and coordinate schedules, reviews and leadership presentations for retirement compliance work
• Establish an implementation schedule and coordinate with internal organizations (e.g. communications, global payroll, regional and country office, etc.) to implement changes for international benefit programs
• Recommend and provide rationale for benefit plan design changes and/or changes to benefit policies and procedures
• Draft plan documentation (e.g. summary plan description, plan amendments, summaries of material modifications, etc.) in accordance with legal requirements for review, approval and appropriate distribution
• Monitor and analyze legislative and regulatory actions that may impact benefit plans to develop recommendations as appropriate
• Review and analyze benefit plan provisions and recommend potential solutions for the restructuring to meet company objectives
• Review and monitor data information feed files to ensure accuracy and resolve discrepancies
• Review and analyze benefit data; respond to general inquiries, audits, document requests; prepare draft response for approval by management and submission to requesting agency
• Review and analyze all relevant information pertaining to a benefit appeal (e.g. plan documents, past precedents prior appeals, etc.) and prepare draft response and present to management
• Review and analyze benefit surveys results to identify changes in the market and formulate recommendations for benefits changes
• Develop performance standards, negotiate benefit contract terms, manage request for proposal (RFP) process for new vendors/carriers and develops quality improvement plans as necessary
• Support union negotiations regarding benefits, present proposed benefit package to union, analyze benefit questions that arise during negotiations, respond to benefits related questions and compare proposal to other contracts (internal and external) to effect a solution