Benefits Analyst

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology. A Great Place to Do Great Work Employees join Cadence because of our innovation and stay because of our culture. Our employees feel empowered and supported to make their mark on the future of technology. Our diverse team of passionate, dedicated, and talented individuals go above and beyond for our customers, our communities, and each other—every day. Our culture has earned Cadence recognition as a Great Place to Work around the world, including Fortune's list of the 100 Best Companies to Work For. Cadence has also appeared on the Great Place to Work Institute’s Best Workplace lists for 12 countries, resulting in recognition as a World’s Best Multinational Workplace, as well as Best Workplace lists for Millennials, for Giving Back, and for Parents, among others. Your Role The Principal Benefits Analyst will report to the Benefits Director. In this position you will support many of the programs that make Cadence a Fortune 100 Great Place to Work. You will have primary responsibility for benefits communications, event planning, program management and ensuring an excellent experience for our employees. Responsibilities Program manage employee benefits offerings (e.g., Cleo, RethinkCare, Wellthy) and partner with vendors to drive utilization and a strong employee experience Conduct New Hire Benefits Orientations via Zoom bi‑weekly Resolve escalated benefits issues and respond to employees, HRBPs and managers, as appropriate Responsible for invoices/payments for all benefits programs and resolve administrative problems with the carrier and/or Accounts Payable. Maintain data relative to premiums, claims and costs. Schedule, set up and oversee on‑site events (when applicable) and Zoom meetings designed to inform employees and help them obtain the most value from our programs Identify, pilot, and implement AI‑enabled improvements to streamline benefits operations (e.g., ROI and cost tracking, communications, reporting) while ensuring appropriate data governance and employee privacy Prepare for quarterly 401(k) Committee meetings Assist with annual Open Enrollment activities and events Other duties as assigned AI & Automation Focus This role is expected to actively use and champion responsible AI to improve employee service delivery, reduce manual effort, and increase accuracy and insight across benefits programs. Requirements Bachelor’s Degree and 6+ years of experience within a Benefits function at large global organizations Extensive knowledge of employee benefits and applicable laws, global experience a plus Excellent written and verbal communication skills Excellent organizational and time management skills Advanced proficiency with Microsoft 365 (Excel, PowerPoint, Teams) including Copilot; demonstrated ability to apply AI tools to automate workflows, improve communications, and accelerate analysis (prompting, experimentation, and measurement of impact) Experience translating business processes into AI/automation opportunities and partnering with HR/IT/analytics stakeholders to deliver solutions (e.g., Power Automate, low‑code tools, knowledge bases, or similar) Empyrean experience a plus Salary The annual salary range for California is $126,000 to $234,000. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Benefits Paid vacation and paid holidays 401(k) plan with employer match Employee stock purchase plan A variety of medical, dental and vision plan options More We’re doing work that matters. Help us solve what others can’t. Equal Employment Opportunity Cadence is committed to equal employment opportunity throughout all levels of the organization. All qualified applicants will receive consideration for employment without regard to race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, basis of disability, or any other protected class. #J-18808-Ljbffr Cadence Design Systems