Benefits Analyst at Medtronic in Minneapolis, Minnesota

Job Description:

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Do you enjoy working independently while being part of a team? Do you love delivering benefit programs to employees? If so, then this is the role for you! You'll be part of the Global Benefits COE focusing on employee benefit design and implementation for our 90,000+ employees.The Global Benefits COE is responsible for ensuring benefits align to Tenet 5 of the Mission and meet the following objectives: market competitive, financially sustainable, global approach with local relevance, fosters employee engagement, effectively communicated to increase awareness and understanding of offerings and aligns with the business strategy.

You will be responsible for supporting the benefit offerings for the Americas region, including annual renewals, and implementation of the global benefits administration technology. You will have a focus on continuous improvement and will work closely with the Regional Benefits COE leader, Benefit Operations, Payroll, AskHR and other COEs to achieve solutions/improvements for all processes/tasks associated with employee Benefits.

You can grow your career with us; we hope you'll consider joining our team.

This position will report to the Sr. Benefits Director, Americas and will work closely with many stakeholders including regional Total Rewards team members, Benefits Operations, Payroll, Finance and local stakeholders as well as the Global Benefits COE team.

This position can reside in one of our Medtronic office locations or work remote.

**The salary posted in this position is US based salary only**

Responsibilities may include the following and other duties may be assigned.

• Coordinate employee insured benefit renewals and recommendations with local broker, ensuring information is accurate and timely.


• Monitor compliance reports and gather information as needed to support regional benefits team with implementation tasks (may include all or some of the following: retirement plan, saving programs, pension programs, group life insurance, sick leave, long-term disability, health insurance programs, vacation, holidays, paid/unpaid leaves of absence, wellness programs).


• Support regional leaders with implementation of global benefits administration technology.


• Evaluate current programs through research, survey and analysis of benefits trends to ensure plans are competitive and current.


• Review and update employee benefit communications.


• Assist with ensuring internal and external compliance with local legislation, benefit regulations and company policies.


• Provide interactive support with Payroll and Finance to ensure proper payment, funding and taxation of employee benefits programs.


• Deliver exceptional customer service by researching and ensuring timely responses to employee escalations.


• Support implementation of new benefit offerings including completion of GSO review and communication review.


• Help identify process improvement and best practice opportunities to current business / work processes.


• Supports special projects as needed.

MUST HAVE: MINIMUM REQUIREMENTS:

• Bachelor's degree with 2+ years of Human Resources, benefits, compensation, payroll or finance experience OR Advanced Degree;


• Experience in Americas Benefits in major multinational company and/or top tier benefit consulting firm


• Fluent in English, knowledge of other languages would be an asset

NICE TO HAVE:

• Strong relationship building, communication, negotiation and interpersonal skills


• Ability to meet tight deadlines, work on several projects simultaneously and work independently and in a team environment


• Ability to prioritize tasks and recognize when escalation is necessary


• Ability to work with highly confidential data and always maintain confidentiality


• Experience with quantitative and qualitative analytical techniques and tools


• Medtronic work experience - Knowledge of company products, company functions, and policies and procedures


• Strong detail orientation


• Previous experience in a customer service or high customer interaction


• Good judgment and problem-solving skills


• Proficient in Workday, Excel, Word, Power Point and Outlook


• Strong written and verbal communication skills

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 90,000+ passionate people.
We are engineers at heart- putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here .

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

At Medtronic, most positions are posted on our career site for 3-7 days.