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Compliance Manager - Regulatory Affairs (Open to hiring at the Senior level)

Wellmark Blue Cross and Blue Shield
Sioux Falls, United Statesfull_timeVerifiedPosted 29 Oct 2024

About the role

Company Description

Why Wellmark: We are a mutual insurance company owned by our policy holders across Iowa and South Dakota, and we’ve built our reputation on over 80 years’ worth of trust. We are not motivated by profits. We are motivated by the well-being of our friends, family, and neighbors–our members. If you’re passionate about joining an organization working hard to put its members first, to provide best-in-class service, and one that is committed to sustainability and innovation, consider applying today! 

Learn more about our unique benefit offerings here

Want to know more? You can learn about life at Wellmark here.

Job Description

Bring Your Strengths to Wellmark as a Compliance Manager – Regulatory Affairs! 

As a Compliance Manager on our Regulatory Compliance Management Team, you will develop and build collaborative partnerships with internal teams and serve as a resource for a broad array of regulatory requirements and compliance matters at Wellmark. You will analyze, interpret, present, and communicate new and revised laws and provide regulatory guidance that affects the organization. You will work closely with each business areas’ Compliance liaison to disseminate new requirements and provide guidance, accordingly. This will require you to conduct analyses and compose summaries that cover the inclusion of legislative interpretations to regulatory documentation, presentations, phone calls, etc. Lastly, you will coordinate and manage intermediate to complex compliance issues, including issue identification and coordination of corrective action plans.  

Ideal candidates possess exceptional judgment, ethical conduct, and integrity. You enjoy putting the pieces of a puzzle together, specifically developing creative and compliant solutions, spurred by an ever-evolving ecosystem. Tailoring your communication to audiences of all levels comes easily and you have a demonstrated history of serving in a consultative or advisory capacity. You have the desire to continually learn the business and business environment, which aids in the evolution of your industry expertise. Where others may find the reading of new laws tedious and exhausting, you find the material engaging and compelling. You don’t just understand a regulation conceptually, but can dig in and easily translate its impact to the business. Lastly, you are a self-starter with the ability to work independently in a fast-paced environment, pay attention to details, and can manage conflicting priorities while successfully meeting established deadlines. If this sounds like you, apply today! 

Qualifications

Required: 

  • Bachelor's Degree in related field or direct and applicable work experience 
  • Minimum 4 years experience in the healthcare industry 
  • Minimum 2 years of experience in a compliance role reading, interpreting, understanding, and communicating regulations 
  • Ability to comprehend complex federal regulations and articulate to internal stakeholders 
  • Attention to detail, critical thinking and problem solving skills 
  • Excellent verbal and written communication skills with the ability to understand and articulate complex information to a variety of stakeholders, both internally and externally 
  • Ability to consult with stakeholders on subject matter expertise and influence decisions appropriately 
  • Ability to assist a group or individual to accomplish specific goals; manages change by providing the needed structure and environment for interactions to be effective 
  • Strong presentation skills, with the ability to disseminate information clearly and effectively 
  • Strong interpersonal skills with the ability to develop strong relationships of collaboration and trust 
  • Proficiency with Microsoft Office with the technical aptitude to learn new systems quickly 
  • Travel required up to 5% 

Additional Information

a. Coordinate and facilitate cross-functional meetings with stakeholders across the organization on various regulatory compliance topics. Accountable for ensuring the appropriate follow-ups have occurred and company policies and procedures are updated. Compiles and maintain compliance documentation in appropriate files, sites, and systems to support compliance work issues identified, and corrective action plans. 
 
b. Participate in and support other components of the organization’s compliance program; such as Privacy, Data Security, Code of Business Conduct and Ethics, Fraud Waste & Abuse, etc. Participate in relevant committees, work groups and projects; make presentations, prepare reports, data or other materials for committee presentation. 
 
c. Create and maintain compliance program policies that

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Company

Wellmark Blue Cross and Blue Shield

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