[Hiring] Managing Senior Counsel - Benefits & Compensation @CVS Health

Role Description

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:

• Design, implementation, administration, governance, and regulatory compliance of health and welfare plans, retirement plans, and executive compensation programs.
• Assisting with management of the Compensation and Benefits legal team.

Major Responsibilities

• Health and Welfare Benefits:
  • 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.
• Retirement Plans:
  • 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.
• Employee Benefits Compliance and Governance:
  • 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.
• Executive Compensation:
  • 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.
• Mergers & Acquisitions:
  • Advise on employee benefits and executive compensation matters in mergers, acquisitions, and divestitures.

Qualifications

• 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.

Preferred Qualifications

• 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.

Education

• Juris Doctor (J.D.) degree from an accredited law school.

Pay Range

The typical pay range for this role is: $175,100.00 - $334,750.00. This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography, and other relevant factors. This position is eligible for a CVS Health bonus, commission, or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program.

Benefits

• Comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families.
• Medical, dental, and vision coverage.
• Paid time off.
• Retirement savings options.
• Wellness programs and other resources, based on eligibility.

Application Information

We anticipate the application window for this opening will close on: 11/06/2026. Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state, and local laws.