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Benefits Analyst

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The Benefits Analyst role supports the U.S. benefits team in the design, development, and implementation of the employee benefits programs. These responsibilities include, but are not limited to, health and welfare, wellness, employee time off programs, and retirement plans. The US Benefits Analyst will also provide excellent customer service to employees and HR team members.

Tasks & Responsibilities
Assist in the design and administration of all U.S. benefit programs, including medical, dental, vision, life, disability, FSA, HSA, EAP, COBRA, leave of absence, and wellness programs

Serve as a liaison to insurance carriers regarding claim problems, issues, and concerns
Support implementation of benefit functionality in the HR systems, test system functionality to ensure accuracy and prepare ongoing systems reports on benefit programs
Support and maintain overall benefits content on NXP’s Corporate Intranet, HR shared folder, HR website including plan documents, benefit summaries, benefit policies
Assist in compliance efforts with the program managers – audits and reconciliations
Participate in market data surveys in order to determine company’s competitive position in employee benefits

Reconcile benefits billing statements and conduct monthly audits to identify and correct discrepancies
Produce reports and analyses, as needed both on an ongoing and ad hoc basis

Assist with open enrollment, including working with the vendor on setting up benefits enrollment system, data accuracy of benefit information, event planning, program renewals, communications, etc.

Education & Preferred Qualifications

2 to 5 years’ experience working on a Benefits team
Bachelor’s degree
Excellent excel skills, with an eye for detail and accuracy for managing large volumes of data and lookup functions
Experience with at least one HRIS system, Workday experience strongly preferred
Experience with Payroll systems (ADP preferred) including pre- and post-tax deductions, goal amounts and a fundamental understanding of income tax implications attributable to employee benefits
Ability to work in a professional manner with all levels of the employee and manager population as well as outside vendors

Strong verbal and written communication skills
Practice a high level of integrity and honesty in maintaining confidentiality

More information about NXP in the United States...

NXP is an Equal Opportunity/Affirmative Action Employer regardless of age, color, national origin, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, marital status, status as a disabled veteran and/or veteran of the Vietnam Era or any other characteristic protected by federal, state or local law. In addition, NXP will provide reasonable accommodations for otherwise qualified disabled individuals.

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Average salary estimate

$70000 / YEARLY (est.)

min

max

$60000K

$80000K

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What You Should Know About Benefits Analyst, NXP Semiconductors

If you're looking to level up your career as a Benefits Analyst, NXP in Austin is the perfect fit for you! In this role, you'll dive deep into the design, development, and implementation of various employee benefit programs ranging from health and welfare to family leave and retirement plans. You'll be the go-to person for our U.S. benefits team, offering stellar customer service to employees and collaborating closely with HR team members. Your responsibilities will include everything from assisting with the administration of medical and dental benefits to managing wellness programs, ensuring compliance with audits, and handling discrepancies with benefits billing. Not only will you engage with external insurance carriers to resolve claim issues, you'll also get hands-on experience with HR systems functionality and contribute to the overall content management on our Corporate Intranet. As someone with 2 to 5 years in benefits and a knack for Excel, you're primed to support open enrollment segments and help us maintain competitive positioning through market data surveys. NXP is committed to providing diverse benefits that meet our employees' needs, and this role will allow you to have a significant impact while cultivating a professional environment with integrity and respect.

Frequently Asked Questions (FAQs) for Benefits Analyst Role at NXP Semiconductors

What are the key responsibilities of a Benefits Analyst at NXP?

A Benefits Analyst at NXP plays an integral role in managing and implementing various employee benefit programs including health and welfare, wellness initiatives, and retirement plans. Key responsibilities include liaising with insurance carriers to resolve claim issues, assisting in benefits administration, and ensuring compliance through audits. Additionally, the analyst supports HR systems functionality and manages the content related to benefits on NXP’s Intranet.