Employer Compliance Associate

$60,485 - $60,485/Yr

Illinois Municipal Retirement Fund - Oak Brook, IL

Full-time - Entry Level

Remote - Oak Brook, IL

1,001-5,000 employees

Nursing and Residential Care Facilities

About the position

The Employer Compliance Associate at the Illinois Municipal Retirement Fund (IMRF) is responsible for conducting employer compliance reviews to ensure that eligible employees are enrolled and that pensionable compensation is reported accurately according to the Illinois Pension Code. This role involves remote work and occasional on-site visits to employers' payroll offices, focusing on compliance with established programs and standards.

Responsibilities

• Complete the employer compliance work program of IMRF Employers, including payroll, enrollment records, and selected financial reports.
• Ensure work papers are adequately documented, and compliance evidence is sufficient.
• Gather data during compliance review through various methods including interaction with employer personnel, review of documents received, and internet research.
• Prepare supporting work papers and written correspondence for the work completed and provide a report to the Senior Employer Compliance Associate or the Manager - Employer Compliance, noting any exceptions uncovered.
• Complete follow-up on compliance recommendations to validate the implementation of corrective plans.
• Stay current on professional and industry developments and best practices through continuing education training.

Requirements

• Bachelor's Degree required, preferably in Accounting.
• Two years related compliance experience, or two years of IMRF experience in Internal Audit, Finance, Benefits, and/or Member/Field Services may be substituted.
• Proven expertise in Microsoft Excel and Word.
• Strong communication skills, including the ability to prepare concise and well-written reports and correspondence.
• Ability to work independently.

Benefits

• Generous insurance benefits, including medical and dental.
• 35-hour base work week, Monday-Friday.
• Death, disability, and pension retirement benefits as a member of IMRF.
• Paid vacation, paid sick leave, 12-13 paid holidays, and 2 personal days.
• Tuition reimbursement.
• Business casual attire.