Senior Compliance Consultant

Senior Compliance Consultant

Marsh McLennan Agency's East Region is a leader in the employee benefits marketplace. Our associates simplify employee health and welfare benefits and risk management for regional, national, Fortune 500 and Fortune 1000 companies. We value integrity, collaboration, passion, innovation, and accountability, and we are committed to making a difference in the moments that matter for our colleagues, clients, and communities.

Job Description

The Senior Compliance Consultant serves as a compliance resource for clients and colleagues in Marsh McLennan Agency East Region's Retirement Services Division, effectively communicating complex compliance requirements to clients, stakeholders, and service team members. The Senior Compliance Consultant is responsible for conducting compliance testing for client retirement plans and providing expert guidance on corrective actions. This role assists with Form 5500 filings, supports audits, and ensures plan documents meet regulatory standards. The Senior Compliance Consultant demonstrates and actively maintains strong working knowledge of current industry regulations and relevant legislative updates.

Essential Duties And Responsibilities

• Conduct and review annual ADP / ACP testing, top-heavy testing, and cross-testing for client retirement plans (401(k), 403b, and 457)
• Review and ensure accuracy of Form 5500 filings and associated schedules
• Provide expert guidance to clients on corrective actions for failed compliance tests
• Assist clients in understanding and fulfilling their fiduciary responsibilities related to retirement plan compliance
• Stay informed about regulatory updates and industry trends impacting retirement plan compliance
• Review plan documents, amendments, and Summary Plan Descriptions (SPDs) to ensure compliance with applicable regulations
• Support plan audits and reviews to identify and resolve compliance issues proactively.
• Communicate complex compliance requirements clearly and effectively with clients, plan sponsors, and other stakeholders
• Provide training and internal support on compliance processes, best practices, and regulatory changes

Required Education And Experience

Knowledge, Skills And Abilities

Physical Demands And Work Environment

Work Location

The applicable base salary range for this role is $127,800 to $204,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex / gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com

Marsh McLennan and its affiliates are EOE Minority / Female / Disability / Vet / Sexual Orientation / Gender Identity employers.