Total Rewards Programs Analyst

Belden, Inc • Clayton, MO

1d • Hybrid

About The Position

The Sr. Analyst, Total Rewards Programs is a strategic and hands-on professional responsible for the management, compliance, and optimization of our retirement and incentive programs. This role will report to the Sr. Director, Total Rewards Programs and be a key member of the Total Rewards function, enabling the organization to attract and retain top talent through competitive and compliant benefit structures. Well-qualified candidates will have extensive familiarity with US retirement regulations (ERISA), executive deferred compensation, and incentive plan administration. This role will not only oversee the day-to-day operations of retirement plans and incentive payouts but will also have the autonomy to make decisions, refine processes, and support broader Total Rewards strategy. A key focus will be on the end-to-end management of the US 401(k) and NQDC plans, while serving as a subject matter expert for global pension support and incentive program modeling.

Requirements

• Bachelor’s degree or higher in Human Resources, Business Administration, Finance, or a related field.
• 5-7+ years of relevant work experience in Total Rewards, specifically focusing on Benefits (Retirement) and/or Compensation.
• Deep knowledge of US retirement regulations (ERISA, 401k compliance, NQDC) and experience managing fiduciary committee requirements.
• Proven experience administering variable pay programs, including Short-Term Incentives (STI) and Long-Term Incentives (LTI).
• Strong analytical skills with the ability to model complex incentive plans (SIP) and interpret data to drive decision-making.
• Autonomy and ownership, with a track record of managing processes independently and making informed decisions in a matrixed environment.
• Excellent communication and interpersonal skills, with the ability to explain complex benefit and compensation concepts to diverse audiences.

Nice To Haves

• Experience with HR systems and survey tools is a plus, specifically SAP SuccessFactors Employee Central, Fidelity Plan Sponsor Webstation, and Mercer or Radford survey tools.

Responsibilities

• Retirement Plan Management & Governance:
• Own the comprehensive management of US Retirement plans, including 401(k) and the Non-Qualified Deferred Compensation (NQDC) plan for executive employees.
• Lead compliance activities for US plans, including non-discrimination testing, Form 5500 filings, and support for annual audits to ensure adherence to ERISA and IRS regulations.
• Drive the preparation and material development for the Retirement Fiduciary Committee, providing data-driven insights and recommendations on plan performance and vendor management.
• Support international pension plans where applicable, serving as a knowledgeable resource for global teams to ensure alignment with local regulations and corporate strategy.
• Manage vendor relationships (e.g., Fidelity) to ensure service level agreements are met and employee escalations are resolved efficiently.
• Incentive Program Administration (ACIP & LTIP):
• Administer the Annual Cash Incentive Program (ACIP/STI) and Long-Term Incentive Plan (LTIP), ensuring accurate data handling, participant eligibility tracking, and payout calculations.
• Collaborate with Finance and HR Business Partners to facilitate the smooth execution of incentive cycles, from accruals to final vesting and distribution.
• Oversee the communication of incentive awards to participants, ensuring clarity regarding plan rules, vesting schedules, and performance targets.
• Sales Incentive Plan (SIP) Design & Modeling:
• Support the strategic design and modeling of the Sales Incentive Plan (SIP), working with leadership to align sales behaviors with business objectives.
• Analyze the effectiveness of current SIP structures and model potential changes to ensure plans remain competitive and fiscally responsible.
• Process Optimization & Strategy:
• Champion the continuous improvement of Total Rewards processes, identifying opportunities to automate administration and reduce manual intervention.
• Act as an autonomous owner of assigned programs, making decisions on operational improvements and supporting the Sr. Director in developing the broader Total Rewards roadmap.

Benefits

• Belden also offers hybrid and remote work practices where feasible and provides employees with benefits that could include health/dental/vision, long term/short term disability, life insurance, HSA/FSA, matching retirement plans, paid vacation, parental leave, employee stock purchase plan, paid leave for volunteer work in your community, training opportunities, professional talent management and succession planning, corporate health well-being initiatives and a work culture which includes commitment to diversity, equity, inclusion and sustainability!

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees