Principal Benefits Analyst

Cadence Design SystemsSan Jose, CA
$126,000 - $234,000

About The Position

The Principal Benefits Analyst will report to the Benefits Director. In this position you will support many of the programs that make Cadence a Fortune 100 Great Place to Work. You will have primary responsibility for benefits communications, event planning, program management and ensuring an excellent experience for our employees.

Requirements

  • Bachelor’s Degree and 6+ years of experience within a Benefits function at large global organizations
  • Extensive knowledge of employee benefits and applicable laws, global experience a plus
  • Excellent written and verbal communication skills
  • Excellent organizational and time management skills
  • Advanced proficiency with Microsoft 365 (Excel, PowerPoint, Teams) including Copilot; demonstrated ability to apply AI tools to automate workflows, improve communications, and accelerate analysis (prompting, experimentation, and measurement of impact)
  • Experience translating business processes into AI/automation opportunities and partnering with HR/IT/analytics stakeholders to deliver solutions (e.g., Power Automate, low-code tools, knowledge bases, or similar)
  • Empyrean experience a plus

Nice To Haves

  • global experience a plus
  • Empyrean experience a plus

Responsibilities

  • Program manage employee benefits offerings (e.g., Cleo, RethinkCare, Wellthy) and partner with vendors to drive utilization and a strong employee experience
  • Conduct New Hire Benefits Orientations via Zoom bi-weekly
  • Resolve escalated benefits issues and respond to employees, HRBPs and managers, as appropriate
  • Responsible for invoices/payments for all benefits programs and resolve administrative problems with the carrier and/or Accounts Payable. Maintain data relative to premiums, claims and costs.
  • Schedule, set up and oversee on-site events (when applicable) and Zoom meetings designed to inform employees and help them obtain the most value from our programs
  • Identify, pilot, and implement AI-enabled improvements to streamlines benefits operations (e.g., ROI and cost tracking, communications, reporting) while ensuring appropriate data governance and employee privacy
  • Prepare for quarterly 401(k) Committee meetings
  • Assist with annual Open Enrollment activities and events
  • Other duties as assigned
  • This role is expected to actively use and champion responsible AI to improve employee service delivery, reduce manual effort, and increase accuracy and insight across benefits programs.

Benefits

  • paid vacation
  • paid holidays
  • 401(k) plan with employer match
  • employee stock purchase plan
  • a variety of medical, dental and vision plan options
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