Job Description

Sr. Benefits Analyst

When you’re part of the team at Thermo Fisher Scientific, you’ll do important work, like helping customers in finding cures for cancer, protecting the environment or making sure our food is safe. Your work will have real-world impact, and you’ll be supported in achieving your career goals.

You will have the opportunity to make a difference to our employee engagement in North America and further afield by assisting with the administration of a wide array of employee benefits programs. You will be looked to as an expert on the North America & Canada employee benefits, with responsibilities for data analytics, vendor management, program implementation and employee communications. In addition, you may support Global programs and M&A activity.

Thermo Fisher is searching for a creative, resourceful, integrative problem solver for an important role that will help support the attraction, retention and motivation of our colleagues, by ensuring our benefits programs are aligned with the company and HR objectives, and with a high-performance culture. The successful candidate will have strong analytical skills, the ability to communicate with all levels within the organization, as well as excellent hands-on project management experience. A deep understanding of US employee benefits (Health & Welfare and Retirement) practices, policies and processes is required: Canada experience is preferred. Experience with compliance and administration of employee directed accounts (i.e., HSAs, FSAs, and HRAs) a plus.

Key Responsibilities:

• Provides analytical support and strategic analysis of Global Benefit & Retirement Projects
• Acts as project manager for Benefits integrations and initiatives in the US, Canada and Puerto Rico
• Handles the day-to-day administration of the benefit programs assigned to them and is the subject matter authority on the benefit in all areas, this also includes knowledge of how enrollments are processed and updated with each carrier
• Strong ability to analyze and research complex benefit items, and be able to resolve the inquiry accurately and quickly
• Assists the team with annual and ongoing compliance requirements and filings for all benefit programs
• Work with vendor partners to stay current on all legislative, regulatory and judicial development and help position the Company plans to take advantage of opportunities to lower costs and improve benefits and delivery platforms.
• Develop and maintain relationships with a cross functional group of strategic internal partners including our Colleague Service Team, HR, Finance and Payroll, retaining a strong customer-focused approach while ensuring adherence to policies and service delivery.
• Supports Benefits department, Finance and Accounting in the annual budgeting, forecasting, and monthly monitoring of U. S. and Canada benefits costs
• Develops an understanding of the benefits accounting process; monitors medical claims for trends, fluctuations and seasonality and assists external consultants with data requests to support forecasting.
• Performs ad hoc benefits analysis, plan calculations, benchmarking and reporting.

Minimum Requirements/Qualifications:

• 5+ years of experience in a fast-paced environment at growth/scaling stage business and partnering with growing levels of responsibility
• 5+ years of experience in employee benefits (Health & Welfare and Retirement) administration
• Bachelor's Degree in Human Resources, Management or other related field; or proven experience in a similar role
• Working understanding of Workday is a plus

Non-Negotiable Hiring Criteria:

• Project management skills
• Attention to detail, flexibility, ability to prioritize and take initiative
• An analytical approach and comfortable with interpreting data, recognizing and communicating trends, and developing material to present key data elements
• Strong oral and written communication skills
• Strong skills with MS Excel and PowerPoint

Each one of our 100,000+ extraordinary minds has a unique story to tell. Join us and contribute to our singular mission—enabling our customers to make the world healthier, cleaner and safer.

Why join Thermo Fisher Scientific?

We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

• A choice of medical and dental plans, vision coverage, and health incentive programs.
• Employee assistance and family support programs, including tuition reimbursement.
• At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave, life insurance, and short-and long-term disability in accordance with company policy.
• 401(k) with competitive company match.
• Employee’s Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount.
• This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy.
• To learn more about our total rewards package visit https://jobs.thermofisher.com/global/en/total-rewards.

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Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other legally protected status.