Benefits Analyst

Reposted 10 Days Ago
Be an Early Applicant
Durham, NC, USA
In-Office
Mid level
Semiconductor • Manufacturing
The Role
The Benefits Analyst at Wolfspeed develops and implements benefit solutions, administers programs, ensures compliance, monitors trends, and collaborates cross-functionally to optimize employee benefits.
Summary Generated by Built In

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.

Day-to-Day:

  • 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


This Job is Right for You if You Have:

  • 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

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Top Skills

Excel
Hris
PowerPoint
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The Company
HQ: Durham, NC
2,773 Employees
Year Founded: 1987

What We Do

Cree | Wolfspeed is the global leader in silicon carbide technology and production, leading the worldwide transition from silicon to silicon carbide. Our product portfolio provides disruptive technology solutions that support a more efficient, sustainable future including electric vehicles, fast charging, 5G, power supplies, renewable energy and storage, as well as aerospace and defense. Our people are dedicated to driving a significant shift in the technology sector and creating a global semiconductor powerhouse. For additional product and Company information, visit www.cree.com.

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