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Principal Benefits Analyst

Cadence Design SystemsCadence Design Systems·Technology / Software / Electronic Design Automation

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25 days

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About the role

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.

 

 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 streamlines 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

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. Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.

We’re doing work that matters. Help us solve what others can’t.

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Aplyr's read

Cadence Design Systems excels in electronic design automation, attracting professionals passionate about integrated circuits and system-on-chip innovations.

Synthesized from recent postings & public sources

What's promising

  • Cadence is a leader in electronic design automation, providing cutting-edge tools for semiconductor design.
  • The company offers diverse career paths, from digital verification to automotive solutions engineering.
  • Cadence's global presence provides opportunities for international collaboration and growth.

What to watch

  • The niche focus on EDA may limit opportunities for those seeking broader tech roles.
  • High competition in the semiconductor industry could impact job stability and growth.
  • Frequent technical updates require continuous learning, which may be challenging for some employees.

Why Cadence Design Systems

  • Cadence's software is integral to designing advanced integrated circuits and systems on chips.
  • The company has a strong reputation for innovation in electronic design automation.
  • Cadence's partnerships with leading tech firms enhance its influence in the semiconductor industry.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Cadence Design Systems

Cadence Design Systems

Cadence Design Systems

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Cadence Design Systems provides electronic design automation (EDA) software and engineering services for the design of integrated circuits, systems on chips, and printed circuit boards.

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