Job Information
Truist ERISA Administrative Specialist in Greensboro, North Carolina
The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one.
Need Help? (https://www.brainshark.com/bbandt/careers-site-faq)
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (careers@truist.com?subject=Accommodation%20request)
(accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
Ensure the delivery of administrative and compliance services for McGriff Employee Benefit clients who sponsor group health and welfare associate benefit plans subject to the requirements of ERISA and other applicable federal state and local regulations.
*Remote Opportunity*
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Ensure timely, quality, and accurate delivery of the Employee Retirement Income Security Act (ERISA) and employee benefits related administrative compliance services for McGriff clients as part of the national employee benefit solutions team.
Complete Wrap documents, Section 125 Plans, Summary Plan Descriptions (SPDs), Amendments, and Summaries of Material Modification for welfare benefit plans for delivery to clients.
Perform employee benefit plan discrimination testing in accordance with ERISA section 105(h), Internal Revenue Code Sections 125 and 129, or other similar requirements. Communicate results to clients and strategize on potential plan design solutions.
Assist clients in the preparation and filing of government filings including Form 5500 with applicable schedules and Summary Annual Reports.
Utilize department procedures and project tracking systems to achieve operational efficiencies and enhance client service.
Adhere to corporate compliance obligations, internal audit standards, data protection measures and business continuity plans.
Provide participant communication materials and required notices for McGriff clients required by ERISA and other applicable regulations.
Stay abreast of current events, legislations and emerging regulations with respect to group health and welfare benefit plans.
Peer review client deliverables provided by teammates to ensure accuracy and quality.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's degree in business, accounting, legal, paralegal or other analytical field or equivalent education and related training
Analytical oriented with strong logic skills
Strong communication, presentation and organizational skills
Ability to multi-task
Ability to work independently or on a team
Demonstrated proficiency of basic computer skills, such as Microsoft applications
Preferred Qualifications:
Three years of experience in ERISA Welfare Benefits Administration, employee benefits consulting, legal or compliance services
Prior management/supervisory experience
Other Advanced Degrees
Related industry licensing, certifications, and continuing education such as Certified Employee Benefit Specialist (CEBS), America's Health Insurance Plan (AHIP), National Association of health Underwriters (NAHU), etc
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)
. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
This position is part of TIH.
Truist Financial Corporation has reached an agreement to sell its remaining stake in Truist Insurance Holdings (TIH). As a result, TIH will be a separate company from Truist Bank as of Legal Day 1 (date TBD). Refer to the news release
for details.
All insurance positions within TIH will have “TIH” noted in the job posting to indicate they are not part of Truist.
McGriff Insurance Services supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. McGriff Insurance Services is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)
Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)
E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)