Managing Senior Counsel - Benefits & Compensation

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger - helping to simplify health care one person, one family and one community at a time.

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.

• 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.

• 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.

• 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.

• 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.

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

• 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.

• 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.

Juris Doctor…