Associate, Benefit Compliance

Invenergy, LLC; Chicago (IL); On-site; USD 95,000 - 118,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k)

Paid time off

Job summary

Invenergy, LLC in Chicago is seeking a Benefit Compliance Associate responsible for ensuring all benefits plans comply with ACA, ERISA, and HIPAA regulations. This role involves collaboration with various teams to manage benefits operations effectively.

The ideal candidate will have substantial experience in human resources and benefit compliance administration with strong analytical skills. Competitive compensation is offered including a base pay of $95,000 - $118,000, and benefits such as medical, dental, and 401(k).

Qualifications

• 5 years of human resources experience required.
• 3 years of experience with benefits compliance administration.
• Strong analytical and attention to detail skills needed.

Responsibilities

• Ensure compliance with ACA, ERISA, HIPAA regulations.
• Manage benefits billing and payroll-to-benefits reconciliations.
• Collaborate with third-party administrators and vendors.

Skills

Understanding of federal and state benefit regulations

Human resources experience

Benefits compliance administration

Attention to detail

Analytical skills

Intermediate Excel skills

Tools

Workday HCM

Oracle ERP

Job description

About Invenergy

Invenergy is North America’s largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land‑based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.

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, record‑keeping 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.

Qualifications

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.

Compensation

• Base Pay: $95,000.00 - $118,000.00 USD.
• Annual Bonus: 20% - 30% based on performance.
• Invenergy offers a variety of other benefits including medical, dental, and vision insurance, 401(k), paid time off, and more.

Equal Opportunity Employment Statement

Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.