Senior Total Rewards Analyst
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Responsibilities
- Analyze total rewards programs (compensation, benefits, retirement, and leave programs) to evaluate competitiveness, cost effectiveness, utilization trends, and employee impact; prepare actionable reports and dashboards for leadership.
- Lead day-to-day administration and governance of the company's 401(k) plan(s), including coordination with recordkeepers, advisors, and internal stakeholders.
- Own end-to-end administration of leaves of absence in partnership the leave of absence vendor (FMLA, ADA, state-specific leaves, STD/LTD, and other protected leaves), including case management, vendor coordination, compliance tracking, return-to-work processes, and employee/manager support.
- Support retirement plan fiduciary responsibilities: coordinate investment reviews, perform fee benchmarking, maintain audit-ready documentation, and prepare materials for investment/retirement committee meetings.
- Manage vendor coordination across total rewards programs, including benefits carriers, leave administrators, retirement recordkeepers, brokers, and consultants; oversee performance, contracts, SLAs, and issue resolution.
- Partner with external vendors and consultants on plan design, QDIA reviews, RFPs, conversions, and ongoing performance management.
- Oversee compliance activities for benefits, retirement, and leave programs, including Form 5500 preparation, audits, disclosures, and ERISA/IRS/DOL requirements.
- Serve as subject matter expert for employee benefits (medical, dental, vision, life, disability, FSA/HSA, wellness) and leave programs; resolve complex issues and drive process improvements.
- Analyze leave utilization and total rewards metrics to identify trends and recommend enhancements that improve the employee experience.
- Collaborate cross-functionally with HR Business Partners, Finance, Payroll, Legal, and Communications to support organizational initiatives, open enrollment, and benefits education.
- Identify and implement process improvements to streamline administration, enhance data accuracy in HRIS systems, and strengthen employee communications and tools.
Requirements
- Required:
- Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
- 4-7 years of progressive experience in total rewards, benefits, retirement plan administration, and leaves of absence (strong preference for biotech/pharmaceutical industry experience).
- Deep working knowledge of 401(k) operations, fiduciary governance, ERISA, FMLA, ADA, and related regulations.
- Proven experience coordinating multiple vendors and managing vendor relationships.
- Advanced Excel proficiency (VLOOKUPs, PivotTables, data modeling) and experience with HRIS platforms (Workday or ADP preferred).
- Proven ability to translate complex data into clear insights and recommendations for diverse audiences.
- Preferred:
- Experience supporting retirement/investment committees or leading vendor RFPs/plan conversions.
- Professional certifications (e.g., CEBS, WorldatWork CCP/CBP, or retirement plan credentials).
- Demonstrated success in process improvement, leaves administration, and cross-functional collaboration.
- Core Competencies
- Detail-oriented with a strong compliance and controls mindset.
- Data-driven and analytical, with excellent problem-solving skills.
- Collaborative partner who builds trust and influences through credibility.
- High integrity, discretion with confidential information, and continuous improvement orientation.
- Strong written/verbal communication and ability to manage multiple priorities in a fast-paced setting.
- The base salary range for this role is
Benefits
Additional Information
Sumitomo Pharma Co., Ltd., is a global pharmaceutical company based in Japan with operations in the U.S. (Sumitomo Pharma America, Inc.), focused on addressing patient needs in oncology, urology, women's health, rare diseases, cell & gene therapies and CNS. With several marketed products and a diverse pipeline of early- to late-stage investigational assets, we aim to accelerate discovery, research, and development to bring novel therapies to patients sooner. For more information on SMPA, visit our website https://www.us.sumitomo-pharma.com or follow us on LinkedIn. As a Senior Analyst, Total Rewards, you will play a pivotal role in designing, administering, and optimizing our comprehensive total rewards programs - with a particular emphasis on retirement plan governance, participant experience, leaves of absence administration, ADA accommodations, and vendor coordination. In this hands-on position, you will leverage strong analytical skills and deep benefits expertise to deliver data-driven insights, ensure regulatory compliance, and enhance employee engagement and retention.
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