Judith Thorp, Managing Director
Chicago, Illinois
P (312) 880-3445
F (312) 583-8701
jthorp@huronconsultinggroup.com
Download vCard
Professional Profile
Judy brings more than 28 years of experience as an employee benefits and compensation advisor, with a focused concentration in the area of mergers and acquisitions. She assists healthcare clients with the design of Human Resource processes and the integration of benefit and compensation plans. Judy focuses on performance improvement initiatives for her clients which have resulted in multi-million dollar cost saving opportunities.
Professional Experience
Prior to joining Wellspring, Judy was the Executive Managing Director of the National Compensation and Benefits Practice and the Chicago office at SMART, a middle-market international accounting and consulting firm. Prior to SMART, Judy was the National Partner of KPMG’s Compensation and Benefits Practice. In her role, Judy specialized in the qualification, design and administration of qualified retirement plans and deferred compensation plans. Her experience includes Section 457 plans, Section 403(b) annuities, pension plans, profit sharing plans, Section 401(k) plans, Section 125 cafeteria plans, and health and welfare plans.
Representative examples of Judy’s engagement experience include:
- Designed and implemented long-term incentive plans for key executives at various organizations.
- Conducted operational and compliance reviews of human resource departments for Fortune 500 companies.
- Performed executive compensation benchmarking and competitor analyses for Fortune 500 companies and not-for-profit entities.
- Conducted analyses of defined benefit plan policies and procedures to ensure compliance with HIPAA, DOL, IRS and ERISA regulations.
- Developed and consulted on health and welfare plan designs and vendor selections for Fortune 500 companies.
- Conducted analyses of key retention plans, executive employment agreements and severance arrangements for several bankrupt companies.
Education and Certifications
- Bachelor of Science, Cum Laude, Loyola University
- Master of Arts, University of Colorado
- Certified Public Accountant, Illinois
- Certified Employee Benefit Specialist
Professional Associations
- Member, American Institute of Certified Public Accountants
- Member, Certified Employee Benefits Specialist
- Past Chairman, AICPA Employee Benefits Taxation Committee
- Member, Economic Club of Chicago
- Member, Executives’ Club of Chicago
- Member, Chicago Finance Exchange
Publications
Judy is a frequent speaker and author. She has published articles in the Journal of Compensation and Benefits, Taxation for Lawyers, Business Insurance, Employee Benefit News and Estate Planning. Judy has also lectured for numerous professional organizations, including the AICPA Conference and PICIP Insurance Conference.