2 Jobs in Hillsboro, OR
Synopsys is Hiring a Senior Benefits Analyst (Retirement) Near Hillsboro, OR
What You’ll Be Doing:
- Leading the administration of all benefits and retirement programs, including 401(k), non-qualified deferred compensation, medical, dental, and vision plans.
- Manage Deferred Compensation Plan Committee including preparation for the quarterly meetings and drafting minutes.
- Resolving operational and regulatory compliance issues relating to qualified and non-qualified plans.
- Manage partnership with recordkeeper, trustee, investment advisor and attorneys.
- Performing full plan administration tasks such as eligibility determination, annual audits, financial statement preparation, and form 5500 preparation.
- Conducting nondiscrimination testing, including ADP/ACP calculations and other related tasks.
- Manage NQDCP key or specialized employee list.
- Perform due diligence on the retirement plans for acquired as well as coordinating the merge or termination of the retirement plans we acquire.
- Staying informed about changes in benefits-related legislation and assessing their impact on our programs.
- Ensuring that Synopsys' benefits programs remain competitive and meet the needs of our workforce.
- Providing employees with the information and support they need to make informed benefits decisions.
- Maintaining compliance with all relevant federal, state, and local regulatory and compliance laws.
- Improving the effectiveness of existing benefits offerings through data-driven recommendations.
- Enhancing employee satisfaction and engagement through effective benefits communication and education.
- Contributing to the overall success of Synopsys by supporting the well-being of our employees.
- Extensive experience in Retirement and Health & Welfare benefits administration
- Bachelor’s degree and 8-10 years of experience in corporate benefits in complex business environments, 5-6 years specializing in managing retirement plans
- Strong project management and analytical skills
- High level of benefit plan design, regulatory and compliance knowledge
- Excellent interpersonal and communication skills
- Designation from World at Work or International Employee Benefits Foundation a plus
- Ability to act as liaison/partner with Finance, Legal, Payroll & HR
- Strong knowledge of Federal, State, and local regulatory and compliance laws (e.g., ERISA, PPACA, FMLA, CFRA, PDL).
- Proficiency in performing nondiscrimination testing and related tasks.
- Excellent analytical skills with the ability to collect, analyze, and interpret benefits-related data.
- Experience in developing and delivering employee communications related to benefits
- A detail-oriented professional with strong organizational skills.
- An excellent communicator who can explain complex information clearly and concisely.
- A proactive problem-solver who takes initiative to resolve issues.
- A team player who collaborates effectively with colleagues and stakeholders.
- A lifelong learner who stays updated on industry trends and best practices.
Stay Connected: Join our Talent Community Inclusion and Diversity are important to us. Synopsys considers all applicants for employment without regard to race, color, religion, national origin, gender, sexual orientation, gender identity, age, military veteran status, or disability. Job CategoryPeople
CountryUnited States
Job SubcategoryBenefitsHire TypeEmployee
Base Salary Range87000-131000
Job Summary
Full Time
Civic & Environmental Advocacy
$81k-100k (estimate)
09/08/2024
10/20/2024
synopsys.com
IRVINE, CA
15,000 - 50,000
1986
Public
MAHA HAIDER
$3B - $5B
Civic & Environmental Advocacy
Related Companies
About Synopsys
Synopsys helps technology companies develop electronic products and software by providing electronic design automation for design and verification of silicon chips, as well as providing tools for software quality and security testing.
The job skills required for Senior Benefits Analyst (Retirement) include Benefit Administration, Initiative, Communication Skills, Project Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Senior Benefits Analyst (Retirement). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Senior Benefits Analyst (Retirement). Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Senior Benefits Analyst (Retirement) positions, which can be used as a reference in future career path planning. As a Senior Benefits Analyst (Retirement), it can be promoted into senior positions as a Benefits Analyst IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Benefits Analyst (Retirement). You can explore the career advancement for a Senior Benefits Analyst (Retirement) below and select your interested title to get hiring information.
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