Penumbra is growing! We have an imminent need for a Benefits Program Manager to administer our 401k program. Combined with a diverse HR Team, you will strive to help us ensure that Penumbra continues to offer innovative and competitive benefits and retirement programs as we grow in order to attract and retain top talent. You will personally play a key role in supporting the design, communication, ongoing administration, and vendor management for certain programs and processes for our U.S. employees. You will independently resolve complex benefits and retirement issues, ensuring plan compliance, and provide top-notch, employee-focused customer service. This position will be on-site in our Alameda, CA office, with the option of moving to a hybrid role within 6 months – 1 year of joining our Team.
What You’ll Work On
• Administer various benefit and retirement programs and systems, ensuring proper setup, data accuracy, and regulatory compliance. Specific programs may vary and may include healthcare, spending accounts, life insurance, disability, and 401(k).
• Manage vendors, including selection, timely issue resolution, maintaining and implementing file feeds, and ensuring compliance with service level agreements, escalating issues as needed.
• Build and maintain strong relationships with broker, vendors, and other HR functions and departments to effectively resolve employee issues and comply with company policies and legal requirements.
• Drive data integrity and accuracy in company HR/benefit and vendor systems, maintaining strict confidentiality as required. Develop and maintain audit, research, troubleshooting, and resolution processes in partnership with HR Technology team.
• Lead various benefits and communications initiatives, projects, and system enhancements in accordance with established project management methodologies. Projects may vary and may include annual enrollment, annual reporting, health education, new programs, and systems enhancements.
• Develop and maintain systems, and materials for communicating employee benefit and retirement information, including training HR team and employees and updating FAQs and benefits portal.
• Lead compliance efforts for benefit and retirement programs, including recordkeeping, non-discrimination testing, plan documents, required notices, government filings, and internal and external audits.
• Evaluate benefit and retirement programs and process/system improvements and develop proposals for enhancements. Monitor benefit trends, researching trends, best practices, and cost of implementing new programs. Stay abreast of applicable benefits and retirement legislation and compliance requirements.
• Create and maintain procedure and process documentation, including checklists.
• Cross-train and serve as back-up for other Benefits team members as needed.
What You Contribute
• A Bachelor’s degree with 8+ year of relevant Human Resources or Benefits experience, or an equivalent combination of education and experience.
• Knowledge of key concepts and regulations in human resources, benefits, etc. A plus to have background in international benefits, wellness, leave of absences, Workers’ Compensation, and systems management.
• Strong oral, written, and interpersonal communication skills.
• Strong customer service skills and ability to handle issues with sensitivity, empathy, patience, and confidentiality.
• High degree of accuracy, thoroughness, and attention to detail.
• Excellent organizational and follow up skills with ability to prioritize work and meet deliverables while handling various complex projects simultaneously.
• Excellent research, analytical, and problem-solving skills. Ability to analyze large amounts of benefits data for reporting, auditing, etc.
• Ability to work on complex problems and projects in which analysis of situations or data requires an in-depth evaluation of various factors. Exercises independent judgment within broadly defined practices and policies. Proactive and self-driven to figure out and recommend creative solutions or identify process improvements, knows when to ask questions or escalate, and provides regular project updates.
• Strong proficiency with MS Word, Excel, and PowerPoint. Teams and SharePoint knowledge a plus.
• Experience with benefit/HR system implementation a plus. UKG Pro experience a plus.
Working Conditions
General office environment. Willingness and ability to work on site in Alameda, CA. Must be able to remain stationary and use a computer or other standard office equipment, such as a printer or copy machine, for an extensive period of time each day. Must be able to communicate and exchange accurate information with employees at all levels on a daily basis. Must be able to read, prepare emails, and produce documents and spreadsheets. Must be able to move within the office and access file cabinets or supplies, as needed. Must be able to move between buildings and floors. Requires some lifting and moving of up to 20-30 pounds.
Annual Base Salary Range: $125,000 – $160,000 / year
We offer a competitive compensation package plus a benefits and equity program, when applicable.
Individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location.
What We Offer
• A collaborative teamwork environment where learning is constant, and performance is rewarded.
• The opportunity to be part of the team that is revolutionizing the treatment of some of the world’s most devastating diseases.
• A generous benefits package for eligible employees that includes medical, dental, vision, life, AD&D, short and long-term disability insurance, 401(k) with employer match, an employee stock purchase plan, paid parental leave, eleven paid company holidays per year, a minimum of fifteen days of accrued vacation per year, which increases with tenure, and paid sick time in compliance with applicable law(s).
Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies. Penumbra designs, develops, manufactures, and markets novel products and has a broad portfolio that addresses challenging medical conditions in markets with significant unmet need. Penumbra sells its products to hospitals and healthcare providers primarily through its direct sales organization in the United States, most of Europe, Canada, and Australia, and through distributors in select international markets. The Penumbra logo is a trademark of Penumbra, Inc.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, age, disability, military or veteran status, or any other characteristic protected by federal, state, or local laws.
If you reside in the State of California, please also refer to Penumbra’s Privacy Notice for California Residents.
For additional information on Penumbra’s commitment to being an equal opportunity employer, please see Penumbra’s AAP-Policy-Statement.