Otsuka America Pharmaceuticals, Inc. (OAPI) is currently seeking a Total Rewards Benefits Analyst. In collaboration with the Sr. Total Rewards Partner, the Total Rewards Benefits Analyst provides functional subject matter expertise in support of the design and delivery of the company’s Total Rewards strategy. This position will support the administration of the company’s full suite of benefits offerings, including its health and welfare plans, retirement plans, and wellness programs.
Assist in the overall design, administration, delivery and support of the organization’s employee benefits programs and related procedures to ensure successful adoption and compliance with all applicable laws
Serve as benefits subject matter expert and liaison to the company’s benefits brokers, carriers and vendors. Additionally, serve as an internal benefits consultant and educator to employees, People Team and Business Partners
Interpret and explain policy and coverage information, plan documents and other benefits-related topics and materials in easy to understand terms appropriate to his/her audience
Support the annual benefits renewal and open enrollment processes, including plan and vendor evaluation, cost and utilization analyses, and data audit and reconciliation
Coordinate benefits-related data requests and provision to ensure the timely and accurate submission of data for compliance, audit and reporting purposes. Assist in the development of impactful benefits-related HR Analytics, including ongoing reporting of dashboards and ad-hoc reports
Ensure benefits programs and processes are documented and compliant with People team strategies, policies and governmental regulations. Ensure benefits-related documentation, supporting materials and communications are thoroughly reviewed for accuracy, updated in a timely manner and compliant with respective plan or governmental regulations
Proactively collaborate with People Team and Business Partners in program delivery and other projects as assigned. Maintain clear understanding of the integration with other People and Finance workstreams (e.g. payroll, accounting, etc.) and the downward impact of benefits-related decisions and process changes
Effectively manage vendor and third-party administrator relationships
Continually evaluate existing benefits programs and processes; make recommendations for enhancements or improvements in support of strategic initiatives or as triggered by changes to available environments, regulation, technology or business needs.
Plans, implements, and evaluates wellness programs; coordinates with key partners on programs, projects, and initiatives.
This job description is intended to describe the general nature and level of the work being performed by the people assigned to this position. It is not intended to include every job duty and responsibility specific to the position. Otsuka reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.
Otsuka is an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to their protected veteran or disabled status, or any protected status.
Otsuka Pharmaceutical Company is a global healthcare company with the corporate philosophy: “Otsuka-people creating new products for better health worldwide.” Otsuka researches, develops, manufactures and markets innovative products, with a focus on pharmaceutical products to meet unmet medical needs and nutraceutical products for the maintenance of everyday health.
In pharmaceuticals, Otsuka is a leader in the challenging area of mental health and also has research programs on several under-addressed diseases including tuberculosis, a significant global public health issue. These commitments illustrate how Otsuka is a “big venture” company at heart, applying a youthful spirit of creativity in everything it does.
Otsuka Pharmaceutical Company is a subsidiary of Otsuka Holdings Co., Ltd. headquartered in Tokyo, Japan. The Otsuka group of companies employed 45,000 people worldwide and had consolidated sales of approximately USD 11 billion (€ 9.9 billion) in 2016.
All Otsuka stories start by taking the road less travelled. Learn more about Otsuka Pharmaceutical Company on its global website at www.otsuka.co.jp/en. Learn more about Otsuka in the U.S. at www.otsuka-us.com.