Benefits Manager
| Company | Allegro MicroSystems |
|---|---|
| Location | Manchester, NH, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s, Master’s |
| Experience Level | Senior, Expert or higher |
Requirements
- 7 – 10+ years of relevant benefits experience in program strategy, design, and administration; global benefits experience is a plus.
- Bachelor’s degree in Human Resources, Business, or a related field. Master’s degree or relevant certifications (e.g., PHR, CEBS) is a plus.
- Strong knowledge of HR systems and tools, with advanced skills in MS Excel and HCMS (preferably Workday).
- In-depth understanding of benefit market trends, best practices, and regulations.
- Excellent analytical and problem-solving skills, with the ability to communicate complex ideas clearly and effectively across all levels of the organization.
Responsibilities
- Design and enhance innovative benefit programs for our US and global workforce in conjunction with the Sr. Director, Compensation, Benefits & HCMS.
- Provide thought leadership and subject matter expertise on all benefits-related topics.
- Benchmark, budget, analyze costs/ROI, and recommend program updates to ensure competitiveness and alignment with business needs.
- Partner with our global benefits management firm to advance our international benefits strategy, balancing global harmonization and local competitiveness across 15+ countries.
- Assess and optimize our external vendors, brokers, and consultants. Manage contracts and relationships, ensuring high-quality service delivery.
- Administer and communicate US benefit programs (health & welfare, financial, retirement, voluntary).
- Develop and execute comprehensive communication plans to educate and engage employees.
- Recommend and execute improvements to benefits administration, focusing on self-service, efficiency, and automation.
- Lead the annual US benefits enrollment process. Coordinate with carriers, brokers, and finance on benefits budgeting, tracking, and funding.
- Guide the global cross-functional Wellness Team in implementing wellness initiatives and fostering a culture of well-being.
- Organize and administer social benefits, including scholarships and charitable giving.
- Manage compliance audits and regulatory filings (in partnership with brokers/consultants).
- Partner with the Retirement Committee on 401(k) plan governance and fiduciary management. Ensure company compliance with federal, state, and international benefits laws.
Preferred Qualifications
- Global benefits experience is a plus.
- Master’s degree or relevant certifications (e.g., PHR, CEBS) is a plus.