Job Description

Job Title: Senior Benefits Analyst

Job Summary

Terumo Blood and Cell Technologies is seeking a Senior Benefits Analyst to lead the design, administration, compliance, and analysis of U.S. employee benefit programs. This role ensures our benefits offerings—including health and welfare plans, retirement plans, and leave programs—are competitive, cost-effective, and aligned with company strategy, while maintaining full compliance with federal and state regulations.

Key Responsibilities

Plan Administration

• Oversee daily operations of health, welfare, and retirement plans (medical, dental, vision, life insurance, disability, 401(k), etc.).
• Act as the primary liaison with vendors and third-party administrators to resolve issues and ensure high-quality service.

Compliance & Governance

• Ensure adherence to ERISA, HIPAA, ACA, COBRA, FMLA, and other relevant laws and regulations.
• Prepare and review required filings (e.g., Form 5500) and support audit processes.

Employee Support

• Provide expert guidance to employees on benefits programs, policies, and procedures.
• Develop and deliver communication materials for annual enrollment and ongoing education.

Data Analysis & Reporting

• Analyze benefits utilization, costs, and trends; recommend plan design changes to optimize cost and employee experience.
• Prepare monthly, quarterly, and annual reports for leadership.

Vendor Management

• Monitor vendor performance and service-level agreements.
• Participate in vendor selection and renewal processes.

Projects & Process Improvement

• Lead or support benefits-related projects, including system implementations and process enhancements.
• Stay informed on industry trends and legislative changes impacting benefits.

Additional Qualifications

• Passion for employee well-being and engagement.
• Ability to thrive in a dynamic, collaborative environment.
• Experience with HRIS and benefits administration platforms (e.g., SAP).

Minimum Requirements

Education

• Bachelor’s degree in Human Resources, Business, or related field.

Experience

• 5+ years of experience in U.S. benefits administration and compliance.
• Strong knowledge of ERISA, ACA, HIPAA, COBRA, and retirement plan regulations.

Skills

• Advanced Excel and data analysis capabilities.
• Excellent communication and problem-solving skills.
• Ability to manage multiple priorities independently.

Certifications

• CEBS or other benefits-related certification preferred.

Physical Requirements

Typical office environment including reading, speaking, hearing, close vision, bending, sitting, and occasional lifting up to 20 pounds.

Compensation & Benefits

We offer a competitive total rewards package including multiple medical, dental, and vision plans, a robust wellness program, life and disability insurance, voluntary benefits (e.g., accident, hospital indemnity, critical illness, pet insurance), a 401(k) plan with matching contributions, and generous vacation and sick time programs.

About Terumo Blood and Cell Technologies

• Part of Terumo Group, founded in 1921 and headquartered in Tokyo, Japan.
• Achieved $1 billion in revenue in 2019.
• Nearly 7,000 associates globally, with headquarters in Lakewood, CO, and regional offices in Brussels, Buenos Aires, Singapore, and Tokyo.
• Manufacturing facilities in Belgium, India, Japan, Northern Ireland, the U.S., and Vietnam.
• Serving customers in over 130 countries.

Our Core Values

• Respect – Appreciative of others
• Integrity – Guided by our mission
• Care – Empathetic to patients
• Quality – Committed to excellence
• Creativity – Striving for innovation

We proudly support the Leukemia and Lymphoma Society (LLS), raising $1.3 million USD since 2007.

Equal Opportunity Employer

We are proud to be an Equal Opportunity Affirmative Action Employer. All applicants will be afforded equal opportunity without discrimination based on race, color, religion, sex, gender identity or expression, sexual orientation, marital status, national origin, age, disability, military status, or any other protected status.

Workplace Commitment

We are committed to providing a safe, healthy, and secure working environment. Our Colorado campus locations are tobacco-free, and we maintain a drug-free workplace with pre-employment substance abuse testing and background verification.

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