Senior Total Rewards Analyst: Benefits & Compensation Analytics

Renesas Electronics Corporation

Austin, Northern (TX, KY)

Hybrid

USD 85,000 - 110,000

Full time

6 days ago

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Job summary

Renesas Electronics Corporation in Austin, TX, seeks an experienced Compensation & Benefits Analyst to support US Total Rewards programs, focusing on benefits while contributing to compensation analytics and reporting.

The role partners with HR, Payroll, Finance, and vendors to deliver compliant, employee-focused programs and to drive data-driven decisions. Strong benefits expertise, analytics, and AI/automation interest are essential for success.

Qualifications

5+ years of experience in Benefits, Compensation, Total Rewards, or Human Resources.
Bachelor's degree in HR, Business, Finance, or related field or equivalent practical experience.
Strong knowledge of US benefits administration and compliance requirements.
Experience with benefit providers, brokers, and third-party administrators.
Working knowledge of compensation principles including salary benchmarking, job evaluation, pay structures, and annual compensation processes.
Strong analytical capabilities to interpret compensation and benefits data and deliver actionable insights.
Excellent communication and interpersonal skills to influence stakeholders.
Proficiency with HRIS platforms (SuccessFactors preferred) and reporting tools.

Responsibilities

Administer US employee benefit programs including medical, dental, vision, life insurance, disability, retirement, wellbeing, leave, and voluntary benefits.
Serve as a key point of contact for benefit-related inquiries from employees, HR partners, and managers.
Manage relationships with benefit carriers, brokers, consultants, and third-party administrators to ensure effective service delivery.
Support annual Open Enrolment activities, employee communications, education campaigns, and benefits renewals.
Monitor program participation, utilization, and costs; analyze data to identify trends and recommend improvements.
Ensure compliance with applicable federal and state regulations including ERISA, ACA, COBRA, HIPAA, and FMLA.
Partner with Payroll, Finance, Legal, and HR teams to resolve issues and maintain accurate program administration.
Support the administration and continuous improvement of compensation programs including market benchmarking, salary analysis, annual merit reviews, and incentive administration.
Partner with HR Business Partners and managers to provide guidance on compensation policies and job leveling frameworks.
Develop reports, dashboards, and insights that support data-driven Total Rewards decisions.
Leverage AI-powered tools, analytics, and automation across Total Rewards processes.