Develops and maintains knowledge of Paychex product offerings, regulatory changes, policy changes, licensing requirements, and insurance industry deve
Develops and maintains knowledge of Paychex product offerings, regulatory changes, policy changes, licensing requirements, and insurance industry developments in order to recommend acceptable risk parameters for supported business units.
-Supports Insurance Compliance Management in all manner of legal and regulatory research, issue investigation, and production of risk analyses and other deliverables relative to monitoring the risk associated with the operations of supported business units.
-Participates on teams and projects to help ensure the timely completion of research and production of deliverables.
-Develops and maintains relationships with internal partners - including, but not limited to supported business units - and acts as a resource for business units to help facilitate issue resolution.
-Stays abreast of all legal, regulatory and industry best practice changes that could impact supported business units, via daily monitoring of such changes.
-Works as part of a team to assist in the resolution of regulatory insurance compliance issues.
-Works as part of a team to assist in determining legal and regulatory changes impacting supported business units. (Supported subjects include Health Insurance, Health Care Reform, Employee Benefits, Property
-Maintains and implements compliance review processes - including, but not limited to periodic forensic testing, sales practices and operational sweeps, and general compliance auditing – to test the compliance status of supported business units in order to ensure they function within acceptable Paychex risk parameters.
-Develops and maintains knowledge of the Insurance Compliance team’s research and analysis resources and makes recommendations to Management for improvements and additional resources