US Benefits Retirement and Compliance Analyst

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Nice to Have

  • The Benefits Analyst is responsible for analysis, administration, and enhancement of KLA’s employee benefits programs.
  • This role ensures that the company’s benefits offerings are competitive, compliant, and aligned with organizational objectives.
  • The analyst serves as a subject matter expert for all benefit-related matters, collaborating with HR, finance, and external vendors to deliver superior service and support to employees.
  • To be successful, the candidate needs to be a technical expert, with demonstrable experience uncovering business needs, making recommendations, and developing solutions.
  • They’ll know what the business needs, provide diagnostics, root cause analyses, etc.
  • Critical skills for this role are analytics, problem-solving, and detailed recordkeeping.

What You'll Do

  • Retirement and Savings Plan Operations Manage day-to-day operations of retirement and savings plans, including contribution funding, reconciliations, and distributions.
  • Maintain accurate and confidential benefit records; ensure data integrity within HRIS, Payroll and benefits administration platforms.
  • Serve as the primary escalation point for complex employee benefits inquiries and resolve issues in a timely and effective manner.
  • Compliance and Governance Administration and reporting of Federal and State compliance requirement which includes: nondiscrimination testing, Form 5500, and ACA.
  • Roll-up and oversight of US benefits compliance activity. porting of upcoming compliance updates and proactive recommendations to ensure compliance with federal, state, and local laws.
  • Periodic review & update of all plan documentation.
  • Proactively identify opportunities to streamline administration and workflow.
  • Coordinate annual open enrollment activities, including communication development, system testing, and employee support.
  • Support benchmarking, cost analysis, and reporting to assess plan competitiveness and recommend changes as needed.
  • Support benefits budgeting and forecasting processes in partnership with HR and finance.

Requirements

  • Bachelors Degree plus 5 years' experience or Masters Degree plus 3 years' experience or PhD plus 0 years' experience Base Pay Range: $87,400.00 - $148,600.00 Annually Primary Location: USA-MI-Ann Arbor-KLA KLA’s total rewards package for employees may also include participation in performance incentive programs and eligibility for additional benefits including but not limited to: medical, dental, vision, life, and other voluntary benefits, 401(K) including company matching, employee stock purchase program (ESPP), student debt assistance, tuition reimbursement program, development and career growth opportunities and programs, financial planning benefits, wellness benefits including an employee assistance program (EAP), paid time off and paid company holidays, and family care and bonding leave.
  • Interns are eligible for some of the benefits listed.
  • Our pay ranges are determined by role, level, and location.
  • The range displayed reflects the pay for this position in the primary location identified in this posting.
  • Actual pay depends on several factors, including state minimum pay wage rates, location, job-related skills, experience, and relevant education level or training.
  • We are committed to complying with all applicable federal and state minimum wage requirements where applicable.
  • If applicable, your recruiter can share more about the specific pay range for your preferred location during the hiring process.
  • We will ensure that qualified individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
  • Please contact us at talent.acquisition@kla.com or at +1-408-352-2808 to request accommodation.
  • Be aware of potentially fraudulent job postings or suspicious recruiting activity by persons that are currently posing as KLA employees.
  • KLA never asks for any financial compensation to be considered for an interview, to become an employee, or for equipment.
  • Further, KLA does not work with any recruiters or third parties who charge such fees either directly or on behalf of KLA .
  • Please ensure that you have searched KLA’s Careers website for legitimate job postings.
  • KLA follows a recruiting process that involves multiple interviews in person or on video conferencing with our hiring managers.
  • If you are concerned that a communication, an interview, an offer of employment, or that an employee is not legitimate, please send an email to talent.acquisition@kla.com to confirm the person you are communicating with is an employee.
  • We take your privacy very seriously and confidentially handle your information.

Sourced directly from KLA Corporation’s career page

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KLA Corporation

Ann Arbor, MI

Specialisation
Open roles at KLA Corporation
698 positions
Job ID
/job/Ann-Arbor-MI/US-Benefits-Retirement-and-Compliance-Analyst_2634867-1

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