Health & Welfare Executive Fiduciary Analyst

Welcome to State Farm, one of the leading insurance and financial services companies in the country. We are currently seeking a highly skilled and detail-oriented Health & Welfare Executive Fiduciary Analyst to join our team. This is an exciting opportunity for an individual who is passionate about providing exceptional service and support to our clients, while also having a strong understanding of fiduciary responsibilities and regulations in the health and welfare industry. If you are a driven and analytical professional with a keen eye for detail and a desire to make a positive impact, we encourage you to apply for this role.

1. Provide exceptional service and support to clients by effectively communicating and addressing their needs and concerns related to health and welfare benefits.
2. Conduct thorough research and analysis to ensure compliance with fiduciary responsibilities and regulations in the health and welfare industry.
3. Develop and maintain a strong understanding of industry regulations, trends, and best practices to ensure compliance and provide insightful recommendations to improve processes.
4. Collaborate with cross-functional teams to review and evaluate the effectiveness of current fiduciary practices and develop solutions to enhance efficiency and mitigate risks.
5. Prepare and present reports and recommendations to upper management on fiduciary-related matters.
6. Review and analyze health and welfare plans to identify potential risks and develop strategies to mitigate them.
7. Monitor and track changes in legislation and regulations that may impact fiduciary responsibilities and communicate any potential impacts to relevant stakeholders.
8. Assist in the development and implementation of policies and procedures to ensure compliance with fiduciary standards and regulations.
9. Conduct regular audits of health and welfare plans to ensure accuracy and identify any discrepancies or areas for improvement.
10. Maintain accurate and organized records of all fiduciary-related activities and ensure all documentation is in compliance with company standards.
11. Train and educate other team members on fiduciary responsibilities and regulations to promote a culture of compliance and risk mitigation.
12. Proactively identify and resolve any issues related to fiduciary responsibilities, escalating to upper management as needed.
13. Participate in industry conferences, seminars, and workshops to stay updated on fiduciary regulations and best practices.

According to JobzMall, the average salary range for a Health & Welfare Executive Fiduciary Analyst in Bloomington, IL, USA is $55,000 - $70,000 per year. This may vary depending on factors such as experience, education, and specific job responsibilities.

State Farm is a large group of insurance companies throughout the United States with corporate headquarters in Bloomington, Illinois.