Sr. Benefits Analyst
About The Position
Join TSMC Washington and help power the future of technology. At TSMC, we don't just make semiconductors; we innovate to transform industries and enhance lives. As the world’s leading semiconductor foundry, we partner with top tech companies to drive advancements in industries such as healthcare, automotive, consumer electronics, and renewable energy. At TSMC Washington, you'll thrive where innovation meets precision manufacturing, and integrity guides our high standards and customer trust. Our visionary leaders collaborate with clients to achieve groundbreaking results, ensuring our leadership in the semiconductor sector. Explore career opportunities with TSMC Washington and join a company with a commitment to excellence and innovation. Who We're Looking For: At TSMC Washington a Sr. Benefits Analyst will play a crucial role in managing and optimizing our employee benefits programs. This position requires a strategic thinker with a keen eye for detail, excellent analytical skills, and a passion for providing exceptional support to our employees. The Sr. Benefits Analyst will work closely with HR, finance, and external vendors to ensure our benefits offerings are competitive, cost-effective, and aligned with our company values and objectives.
Requirements
- Bachelor’s degree in Human Resources, Business Administration, or a related field.
- Minimum of 2-4 years of experience in benefits administration required.
- Strong analytical and problem-solving skills.
- Excellent interpersonal and communication skills.
- Proficiency in Microsoft Office Suite, particularly Excel.
- Experience with HRIS systems and benefits administration platforms.
- Familiarity with federal, state, and local benefits regulations.
- Ability to manage multiple projects and prioritize tasks effectively.
Nice To Haves
- Certified Employee Benefit Specialist (CEBS) designation is a plus.
Responsibilities
- Analyze and evaluate existing benefit programs to ensure they are competitive and cost-effective.
- Conduct benchmarking and market analysis to identify trends and make recommendations for plan design improvements.
- Collaborate with HR and finance teams to manage benefits budgets and forecast future costs.
- Serve as a point of contact for employees regarding benefits inquiries and issues, providing clear and informative responses.
- Coordinate open enrollment processes, including communications, presentations, and enrollment system updates.
- Maintain accurate and up-to-date records of employee benefits data in HRIS and other relevant systems.
- Ensure compliance with federal, state, and local regulations regarding employee benefits.
- Assist in the development and implementation of new benefits programs and initiatives.
- Prepare reports and presentations for senior management to support decision-making processes.
- Stay informed about industry trends and best practices in benefits management.
- Collaboration & cross-training protocols within HR, specifically encompassing areas like Compensation and HRIS systems. Extend these collaborative efforts to engage cross-functional departments and various organizational locations.
Benefits
- Employees and their families are offered access to comprehensive coverage, including medical, dental, and vision insurance, our wellbeing program, as well as basic life insurance and accidental death and dismemberment insurance.
- Additionally, employees can enroll in our 401(k) plan with an employer match and participate in the employee stock purchase program. Employees receive 12 recognized holidays per year and accrue 120 hours of paid time off annually their first year.
- Onsite amenities include a fitness center, a game room, on-site physical therapist, and a subsidized café where meals cost as low as $6 a day!
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
