Cadence Design Systems Jobs

Benefits Analyst

Cadence Design Systems

Benefits Analyst

Reposted 23 Days Ago

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San Jose, CA, USA

In-Office

126K-234K Annually

Senior level

Artificial Intelligence • Cloud • Hardware • Software • Semiconductor

The Role

The Principal Benefits Analyst manages employee benefits programs, resolves issues, conducts orientations, and implements AI improvements for better service delivery.

Summary Generated by Built In

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

A Great Place to Do Great Work

Employees join Cadence because of our innovation and stay because of our culture. Our employees feel empowered and supported to make their mark on the future of technology. Our diverse team of passionate, dedicated, and talented individuals go above and beyond for our customers, our communities, and each other—every day.

Our culture has earned Cadence recognition as a Great Place to Work around the world, including Fortune's list of the 100 Best Companies to Work For. Cadence has also appeared on the Great Place to Work Institute’s Best Workplace lists for 12 countries, resulting in recognition as a World’s Best Multinational Workplace, as well as Best Workplace lists for Millennials, for Giving Back, and for Parents, among others.

Your Role

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.

• 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

AI & Automation Focus

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.

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

The annual salary range for California is $126,000 to $234,000. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.

We’re doing work that matters. Help us solve what others can’t.

Skills Required

Bachelor's Degree
6+ years of experience within a Benefits function at large global organizations
Extensive knowledge of employee benefits and applicable laws
Excellent written and verbal communication skills
Excellent organizational and time management skills
Advanced proficiency with Microsoft 365 including AI tools
Experience with AI/automation opportunities and delivering solutions
Empyrean experience

Cadence Design Systems Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cadence Design Systems and has not been reviewed or approved by Cadence Design Systems.

Equity Value & Accessibility — A discounted ESPP with a lookback feature and equity included in total compensation make ownership broadly accessible and potentially meaningful. Structured compensation at an industry leader adds predictability to equity participation.
Healthcare Strength — Medical, dental, and vision coverage are described as solid, with mental‑health/EAP and fertility support enhancing the offering. The breadth across core care and family‑building needs strengthens the healthcare package.
Leave & Time Off Breadth — Global Recharge Days, volunteer time off, and companywide breaks indicate a comprehensive time‑off framework. In addition, many salaried roles are described as having flexible or generous PTO policies.

Learn more about Cadence Design Systems's Compensation & Benefits →

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The Company

HQ: San Jose, CA

8,216 Employees

Year Founded: 1988

What We Do

Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence® software, hardware and IP are used by customers to deliver products to market faster. The company's Intelligent System Design strategy helps customers develop differentiated products—from chips to boards to intelligent systems—in mobile, consumer, cloud, data center, automotive, aerospace, IoT, industrial and other market segments. Cadence is listed as one of Fortune Magazine's 100 Best Companies to Work For.