Hybrid Associate Senior Counsel – Employment, Benefits and Compensation Law

at The Cigna Group

• Job title: Associate Senior Counsel – Employment, Benefits and Compensation Law
• Job type: Full Time
• Experience level: Senior
• Salary: $152,500 - $254,100 per year
• Degree requirement: Professional Certificate
• Location requirements: Hybrid, Philadelphia, United States

About the role

• Legal Counsel providing legal support to HR and business leaders on employment, benefits, and compensation law matters. Necessary for corporate transactions, compliance, and consulting roles in M&A.

Responsibilities

• Provide legal support on employment, benefits, and compensation matters arising in connection with corporate M&A transactions, including due diligence, negotiation and drafting of relevant transaction documents, and post-closing integration support.
• Advise on qualified retirement plans and compliance with ERISA and the Internal Revenue Code rules and regulations.
• Counsel on executive compensation matters, including equity incentive plans, employment and severance agreements and restrictive covenant agreements.
• Address benefits and compensation-related tax issues including non-qualified deferred compensation matters under IRC Section 409A.
• Provide legal support to ERISA fiduciary committees and serve as secretary at committee meetings.
• Draft and review various employee benefit plan documents and communications to plan participants.
• Partner with internal stakeholders including Human Resources, Finance, Accounting, other Legal subgroups, Corporate Development, and Tax.
• Monitor and interpret legal and regulatory developments affecting employee benefits and compensation.
• Assist in internal policy development and support training initiatives.

Requirements

• J.D. from an accredited law school; admission to at least one U.S. state bar
• 8+ years of relevant legal experience in employment and benefits law
• Strong knowledge of ERISA, the Internal Revenue Code, and related regulations
• Experience advising on Section 409A and executive compensation matters
• Excellent drafting, analytical, and communication skills
• Ability to work collaboratively across functions in a large corporate environment
• Ability to prioritize and act with urgency when appropriate
• Ability to evaluate complex issues and make appropriate recommendations to leaders
• Demonstrated ability to manage sensitive matters with discretion and sound judgment
• Willingness to travel occasionally.

Benefits

• Comprehensive range of health-related benefits including medical, vision, dental, and well-being and behavioral health programs.
• 401(k) with company match.
• Company paid life insurance.
• Tuition reimbursement.
• A minimum of 18 days of paid time off per year.
• Paid holidays.