Managing Senior Counsel - Benefits & Compensation

CVS Health; EE. UU.; A distancia; USD 175.000 - 335.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Bonus eligibility

Equity award program

Comprehensive benefits

Descripción de la vacante

CVS Health Corporation seeks a Managing Senior Legal Counsel, Compensation & Benefits to join the Compensation & Benefits Legal Team within Corporate Affairs. You will provide strategic legal counsel to executives on health and welfare plans, retirement programs and executive compensation.

The role covers governance, plan documents, fiduciary duties, and compliance with ERISA and related laws, collaborating across internal stakeholders. A JD and 10+ years of advisory experience are required.

Formación

• Admitted to practice law in at least one state.
• 10+ years advising on employee benefits and executive compensation including ERISA/IRC/ACA.
• Strong drafting, negotiation, analytical and problem-solving skills.
• Ability to communicate complex legal concepts to business stakeholders.
• Ability to manage multiple priorities in a fast-paced, collaborative environment.

Responsabilidades

• Provide counsel on the design, implementation, governance and compliance of health and welfare benefit plans.
• Support administration and governance of retirement plans and related participant communications.
• Advise on benefit plan governance, fiduciary duties and related risk mitigation.
• Counsel on executive compensation design, governance and incentive programs.
• Advise on employee benefits and executive compensation matters in mergers, acquisitions and divestitures.

Conocimientos

Drafting

Negotiation

Analytical skills

Risk awareness

Stakeholder comms

Prioritization

Educación

Juris Doctor (J.D.)

Descripción del empleo

Position Summary

As Managing Senior Legal Counsel, Compensation & Benefits, you will serve as a key member of the Compensation & Benefits Legal Team within the CVS Health Corporate Affairs organization. You will provide strategic, practical, and business-focused legal counsel to internal stakeholders, senior/executive management and fiduciaries regarding the design, implementation, administration, governance, and regulatory compliance of health and welfare plans, retirement plans and executive compensation programs and related issues. You will also be responsible for assisting with management of the Compensation and Benefits legal team.

Major Responsibilities

1. Health and Welfare Benefits

• Provide legal counsel regarding the design, implementation, administration, and governance of health and welfare benefit plans.
• Advise on compliance with ERISA, the Internal Revenue Code, ACA, HIPAA, COBRA, MHPAEA, CAA, and other applicable federal and state laws.

2. Retirement Plans

• Provide legal support for the administration and governance of defined contribution and other retirement programs.
• Draft, review, and amend plan documents, summary plan descriptions, committee charters, resolutions, and related participant communications.
• Advise plan fiduciaries regarding fiduciary responsibilities, prohibited transaction considerations, governance practices, and risk mitigation strategies.
• Support responses to participant inquiries, benefit claims, appeals, and regulatory matters.

3. Employee Benefits Compliance and Governance

• Support benefit plan audits, governmental examinations, Form 5500 filings, and other compliance-related activities.
• Advise on benefit plan governance structures and fiduciary committee operations.
• Review and negotiate benefits related contracts.
• Collaborate with internal stakeholders to promote compliance and operational excellence.

4. Executive Compensation

• Provide legal counsel regarding the design, implementation, administration, and governance of executive compensation programs, including incentive programs, equity awards, nonqualified deferred compensation plans, and severance plans.

5. Mergers & Acquisitions

• Advise on employee benefits and executive compensation matters in mergers, acquisitions and divestitures.

Required Qualifications

• Admitted to practice law in at least one state and member in good standing of applicable state bar association(s).
• 10+ years of experience advising on employee benefits and executive compensation matters, including regarding ERISA, IRC, ACA, HIPAA, COBRA and 409A, preferably in a large law firm, corporate legal department, or combination thereof.
• Strong drafting, negotiation, analytical, and problem-solving skills.
• Ability to provide legal advice using extensive knowledge of law and risk awareness.
• Ability to clearly communicate complex legal concepts to business stakeholders
• Ability to manage multiple priorities and work effectively in a fast-paced, collaborative environment.
• Strong business judgment and a solution-oriented approach to legal counseling.

Preferred Qualifications

• Experience supporting benefits programs for a large, complex employer.
• Experience advising fiduciary committees and supporting ERISA litigation, government audits, or regulatory investigations.
• Experience managing junior colleagues.

Education

• Juris Doctor (J.D.) degree from an accredited law school.

Pay Range

• $175,100.00 - $334,750.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great benefits for great people

• We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.
• This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families.
• The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.
• Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 11/06/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.