Gravie

Compliance Manager

Remote

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Health Insurance, HealthcareIndustries

Compliance Manager

Employment Type: Full Time

Position Overview

Gravie is seeking a passionate Compliance Manager to join our team. Our mission is to improve the way people purchase and access healthcare through innovative, consumer-centric health benefit solutions. As a Compliance Manager, you will play a vital role in supporting Gravie's commitment to understanding and adhering to the intricate regulatory landscape governing health benefits. This individual will be a key contributor in shaping our compliance operations, providing essential guidance on cutting-edge plan designs, and actively fostering a culture of integrity that underpins our mission to transform healthcare. This is an opportunity to make a tangible difference in how our members experience their benefits.

Responsibilities

Regulatory Monitoring & Analysis

  • Monitor changes in federal and state healthcare laws and regulations, including the Affordable Care Act (ACA), Employee Retirement Income Security Act (ERISA), and related guidance.
  • Analyze the impact of new or revised regulations on Gravie's operations, products, and services, and help communicate findings to relevant stakeholders.
  • Support the project management and implementation of new regulatory requirements, helping to ensure end-to-end documentation of successful implementation and ongoing compliance.

Plan Document & SPD Compliance

  • Support the review, development, and maintenance of Summary Plan Descriptions (SPDs) and other member-facing regulatory materials to ensure accuracy, clarity, and compliance with all applicable laws (e.g., ERISA disclosure requirements, ACA mandates).
  • Assist with SPD and SBC amendments and updates.
  • Assist with compliance efforts for Gravie's non-ERISA book of business, including conducting state research and supporting the development of compliant plan documents.

Benefit Design & Administration Compliance

  • Provide compliance assistance on health plan design, eligibility, benefits, and administration.
  • Contribute to the review and advise on proposed plan variations, exceptions, and unique benefit requests, assessing compliance implications.

State Regulatory Filings & Reporting Support

  • Facilitate and track state regulatory filings, including TPA licensing, Secretary of State qualifications, and annual reports.

Regulatory Inquiry & Complaint Response Support

  • Support the response efforts to regulatory inquiries and complaints from agencies (e.g., DOL, State Insurance Departments, Attorney General) in a timely and comprehensive manner.

Compliance Program Operations & Documentation

  • Assist in building and refining processes to document all compliance activities and decisions. This includes managing the end-to-end compliance investigation process when gaps or potential issues are identified, ensuring thorough documentation of findings and resolutions, and ongoing monitoring.
  • Help develop and support the oversight of the intake processes for new compliance requests and inquiries from internal stakeholders.

Requirements

  • Bachelor's degree in a relevant field (e.g., Business Administration, Healthcare Administration).

Company Information

Hi, we’re Gravie. Our mission is to improve the way people purchase and access healthcare through innovative, consumer-centric health benefit solutions that people can actually use. Our industry-changing products and services are developed and delivered by a diverse group of unique people. We encourage you to be your authentic self - we like you that way.

Skills

Healthcare regulations
ACA
ERISA
Regulatory analysis
Compliance
Summary Plan Descriptions (SPDs)
Project management
Regulatory monitoring

Gravie

Health benefits and insurance solutions provider

About Gravie

Gravie provides health benefits by offering straightforward and affordable health plans, primarily targeting individuals and small to midsize businesses. Their main product, Comfort, stands out because it has no deductible and no copays for most common healthcare services, allowing members to access care without unexpected costs. Additionally, Comfort includes virtual care options for musculoskeletal and mental health issues. Gravie also offers a payment solution called Gravie Pay, which enables members to pay for healthcare expenses interest-free, further easing financial stress. Unlike traditional health plans, Gravie claims that Comfort members save on out-of-pocket costs, and employers switching to Gravie often see lower premium expenses. The company has a high retention rate, indicating that many employees choose to continue with the Comfort plan in subsequent years. Gravie's goal is to simplify health benefits and reduce the financial burden of healthcare for its members.

Minneapolis, MinnesotaHeadquarters
2013Year Founded
$333.3MTotal Funding
DEBTCompany Stage
Fintech, HealthcareIndustries
201-500Employees

Benefits

Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Holidays
Paid Vacation
Paid Sick Leave
Flexible Work Hours
Paid Parental Leave
Wellness Program
Alternative Medicine Coverage
Cell Phone Reimbursement
Transportation Perks
Education Reimbursement
Paid Paw-ternity Leave

Risks

Potential backlash from traditional insurers could increase competition or lobbying.
Rapid ICHRA adoption may invite regulatory scrutiny or changes.
Aggressive expansion strategy could strain resources and lead to inefficiencies.

Differentiation

Gravie's Comfort plan offers zero deductibles and copays, unlike traditional health plans.
Gravie Pay provides interest-free payment solutions, reducing financial burdens for members.
Focus on virtual healthcare services enhances accessibility and member satisfaction.

Upsides

Increased ICHRA adoption since 2020 expands Gravie's market opportunities.
Comfort plan's zero-deductible model attracts cost-conscious employers and employees.
Virtual healthcare services align with rising demand, boosting member engagement.

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