Benefits Analyst

Wolfspeed•Durham, NC

25d

About The Position

At Wolfspeed, we do amazing things in a human way. We know that the achievements of our organization are due to the passion, hard work and creativity of our employees. We celebrate different perspectives to foster excellence across our organization, and our goal is to make diversity a foundation of what we do. We are proudly building an environment where you can bring your authentic self to work. Enjoy doing things that people say can’t be done? Innovation is at the center of everything we do. Hate red tape? We remove roadblocks instead of creating them. Working parent? We provide childcare assistance and paid parental leave. Student? We offer continuing education assistance. Looking for community? There are many ways to get involved, from Employee Resource Groups to local outreach. Who we’re looking for: Wolfspeed’s Human Resources business unit is seeking a Benefits Analyst to participate and lead the development and implementation of benefit solutions for Wolfspeed globally, but primarily in the US. This position participates in various activities related to short- and long-term benefits strategy including open enrollment, 401(K) plan management, leaves processes to ensure Wolfspeed delivers competitive benefits packages to employees that are aligned with Wolfspeed’s total rewards strategy in each country.

Requirements

Bachelor’s degree in related field
3-5+years of US benefit experience
Hands-on experience administering 401(k) or defined contribution plans, including contributions, audits, and compliance activities
Working knowledge of ERISA, IRS and DOL regulations related to retirement plans
Experience partnering with payroll teams and external vendors to manage retirement plan operations
Excellent quantitative skills as demonstrated through previous experience in a corporate compensation or consulting role
Strong computer skills including: Excel modeling, PowerPoint presentation development, and understanding of HRIS
Demonstrated ability to present to and interact with all levels of employees, managers, and executives

Responsibilities

Perform staff support activities to develop, implement and administer benefits policies and programs
Monitor benefit trends and provide guidance to leadership on direction of our programs
Administer benefit programs and policies to ensure compliance with applicable laws, standards, and agreements and ensure programs are fully integrated with statutory programs within each country
Implement solutions in alignment with our policies, financial strategies, etc. to drive innovation, employee experience and cost optimization
Support benefits policies to guide programs design and governance
Collaborate cross-functionally and build strong relationships
Strong data auditing, analysis, and reporting capabilities, including payroll and retirement plan data reconciliation, with exceptional attention to detail
Provide exceptional service to colleagues and clients