What are the responsibilities and job description for the Sr. Benefits Analyst position at Advantech USA?
Job Title: Sr. Benefits Analyst
Location: Irvine, CA – Onsite
Compensation: $80,000 - $95,000
Location: Irvine, CA – Onsite
Compensation: $80,000 - $95,000
About this position:
The Senior Benefits Analyst is responsible for the administration, analysis, and enhancement of the organization's employee benefits programs, including health, welfare, retirement, and wellness initiatives. This role involves strategic planning, compliance assurance, and providing expert guidance to both employees and management to ensure the benefits offerings are competitive, cost-effective, and aligned with organizational objectives.
Responsibilities:
- Oversee and optimize daily benefits operations, including medical, dental, vision, life insurance, disability, and retirement plans, ensuring efficiency, compliance, and seamless employee experience.
- Lead the annual open enrollment process, develop strategic communication materials, coordinating informational sessions, and ensuring a smooth, well-executed enrollment.
- Manage the accurate and timely processing of benefits enrollments, changes, and terminations, conducting regular audits to ensure compliance, resolve discrepancies, and enhance data integrity.
- Analyze benefits data to assess plan performance, identify trends, and recommend enhancements, ensuring cost-effective and competitive offerings aligned with organizational goals.
- Conduct comprehensive benchmarking studies to evaluate market competitiveness, inform decision-making, and optimize benefits strategies.
- Ensure full compliance with federal, state, and local regulations, including ERISA, COBRA, ACA, and HIPAA, proactively monitoring legislative changes and implementing necessary updates.
- Maintain and update plan documents, SPDs, and required regulatory notices, ensuring accuracy, compliance, and clear communication to employees and stakeholders.
- Collaborate with brokers, carriers, and vendors to negotiate plan terms, premiums, and service agreements, securing high-quality, cost-effective benefits solutions.
- Monitor vendor performance and enforce service-level agreements (SLAs), proactively addressing issues and driving continuous improvements in benefits administration.
- Serve as a trusted subject matter expert on employee benefits, providing guidance, resolving complex inquiries, and enhancing the employee experience through proactive education and support.
- Develop and implement strategic communication initiatives to increase employee awareness, engagement, and appreciation of benefits offerings across multiple communication channels.
- Work closely with payroll, finance, and HRIS teams to ensure seamless benefits processing and accurate insurance reconciliations.
Qualifications:
- Bachelor’s degree in Business Administration, Human Resources, or a related field required.
- CEBS, PHR, or SHRM-CP Certification preferred.
- 5 years of experience in benefits administration, including at least 2 years in a senior or analyst role.
- Advanced proficiency in Microsoft Excel, including formulas, VLOOKUP, pivot tables, and data analysis functions.
- Experience in LOA management and workers’ compensation administration.
- Proficiency in HRIS platforms, with the ability to learn new systems quickly; experience with Paycor preferred but not required.
- Strong analytical and problem-solving skills, with the ability to interpret complex benefits data.
- Exceptional attention to detail and accuracy.
Benefits:
- Competitive salary dependent on experience (DOE)
- Winning culture with a friendly, team-oriented environment!
- Generous benefits package including medical, dental, vision, long-term disability, life insurance, pet insurance, critical illness, and accident.
- Wellness program and incentive
- Employee Assistance Program (EAP)
- 401(k) with company match
- Education & personal development reimbursement program
- Generous vacation and paid holidays package
- Company events, clubs, and lunches
- Work from home program – once eligible
- Referral Bonus
About Advantech
Founded in 1983, Advantech is a leader in providing trusted innovative embedded and automation products and solutions. Advantech offers comprehensive system integration, hardware, software, customer-centric design services, and global logistics support; all backed by industry-leading front and back-office e-business solutions. Advantech has always been an innovator in the development and manufacture of high-quality, high-performance computing platforms.
We cooperate closely with our partners to help provide complete solutions for a wide array of applications across a diverse range of industries. To realize our corporate vision of Enabling an Intelligent Planet, Advantech will continue collaborating and partnering for Smart city & IoT Solutions.
World-class Recognition
Advantech is an authorized alliance partner of both Intel® and Microsoft®. Our customers will find the technologies we use inside our products to be widely compatible with other products in the global marketplace. In 2018 and 2019, Interbrand, the world-renowned brand consulting firm, once again recognized Advantech efforts to build a trusted, global brand; it also symbolizes a promise we gave to our business partners, which was to do our best to keep building a trustworthy brand that is recognized everywhere in the world. Advantech was selected as Interbrand’s #5 best Taiwan Global Brand in 2018.
Work Authorization:
To conform to U.S. Government export regulations (ITAR), applicant must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8. U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State. More information can be found at https://www.pmddtc.state.gov/regulations_laws/itar.html
Advantech is proud to be an Equal Employment Opportunity employer. We accept applications directly from candidates only and will not be responsible for any recruiting agency fees absent a formal agreement.
Salary : $80,000 - $95,000
