Position Overview

The Benefit Compliance Associate will focus on compliance and reporting related to benefits, ensuring all plans and processes comply with a complex set of laws, including the ACA, ERISA, and HIPAA.

This position will be on-site at Invenergy's downtown Chicago, IL office.

Responsibilities 

Regulatory Compliance & Reporting 

• Ensure all benefits plans and related processes comply with ACA, ERISA, HIPAA, and other applicable regulations. 

• Configure Workday to generate 1094/1095‑C forms; review, reconcile, and distribute required ACA reporting. 

• Support annual 401(k) and FSA non-discrimination testing, preparing and reviewing census information, and coordinate required corrective actions. 

• Support annual 401(k) audits, including data gathering and auditor requests. 

• Calculate 401(k) profit-sharing contributions, support true‑ups, and assist with SPD/SBC distribution requirements. 

• Partner with benefit broker to prepare and update Form 5500 and WRAP documents. 

• Complete and submit Form M1, CMS creditable/non-creditable coverage disclosures, RxDC filings, PCORI fee submissions, and Gag Clause Prohibition Compliance Attestation. 

• Partner internally to provide mandatory reporting in relation to prevailing wage requirements under the Inflation Reduction Act.  

Benefits Operations & Reconciliation 

• Perform semi-monthly/monthly payroll-to-benefits and vendor reconciliations to ensure accuracy of deductions, invoices, and enrollment data. 

• Manage benefits billing, including forecasting, opening purchase orders, coding invoices in ERP, and ensuring timely payment. 

• Prepare benefit censuses for annual renewals and validate premiums against carrier data. 

• Reconcile 401(k) contributions each payroll cycle to ensure accuracy between payroll, recordkeeping systems, and vendor files. 

• Partner with Payroll to reconcile fringe requirements under Inflation Reduction Act. 

Vendor & Internal Partnership Support 

• Collaborate with third-party administrators, benefits carriers, payroll, finance, and HR technology teams to resolve data discrepancies and support ongoing plan administration. 

• Assist with process improvements, system configuration updates, and documentation to enhance benefits compliance and operational efficiency. 

Required Qualifications 

• Strong understanding of federal and state benefit regulations. 

• 5 years of human resources experience. 

• 3 years experience with benefits compliance administration. 

• High attention to detail and strong analytical skills. 

• Intermediate Excel skills. 

• Eligible to work in the United States without the need for employer visa sponsorship now or in the future

Preferred Qualifications 

• Experience managing benefits in Workday HCM. 

• Experience with billing Oracle ERP. 

• Experience navigating benefit requirements related to federal contracts and the Inflation Reduction Act. 

• Familiarity with GAAP.