Benefits Manager, US

About GlobalFoundries:

GlobalFoundries is a leading full-service semiconductor foundry providing a unique combination of design, development, and fabrication services to some of the world’s most inspired technology companies. With a global manufacturing footprint spanning three continents, GlobalFoundries makes possible the technologies and systems that transform industries and give customers the power to shape their markets. For more information, visit www.gf.com.

Summary of Role:  

We are seeking a highly motivated and experienced US Benefits Manager to lead the design, administration, and optimization of our employee benefits programs. This role will be responsible for overseeing health and welfare plans, retirement programs, and wellness initiatives for our US workforce. The ideal candidate will have a strong background in benefits management, excellent analytical skills, and the ability to collaborate with multiple stakeholders across the organization. 

This position has the ability to work in a hybrid environment in any of our US office locations OR be fully remote.

Key Responsibilities: 

Benefits Strategy and Administration: 

• Manage and administer all US employee benefits programs, including health, dental, vision, life, disability, FSA, HSA, 401(k), and wellness programs. 

• Partner with brokers, vendors, and consultants to ensure programs are cost-effective and competitive. 

• Lead the annual benefits renewal and open enrollment process, ensuring effective communication with employees. 

• Ensure compliance with federal, state, and local regulations, including ERISA, HIPAA, ACA, COBRA, and FMLA. 

​Benefits Communication: 

• Develop communication strategies to promote understanding and utilization of benefits programs. 

• Prepare materials for benefits presentations, workshops, and employee education sessions. 

• Provide guidance and counsel to employees on benefit matters, resolving complex issues and escalations. 

Vendor Management: 

• Manage relationships with external benefits vendors, ensuring service levels are met and exploring opportunities for new services or improvements. 

• Conduct periodic reviews of vendor contracts, negotiating renewals or transitions as needed. 

Data and Reporting: 

• Analyze and monitor benefit plan costs, utilization data, and employee feedback to assess effectiveness and identify areas for improvement. 

• Prepare reports and presentations for senior leadership on benefits strategy, costs, and performance. 

Compliance and Audits: 

• Ensure adherence to all applicable regulatory requirements and lead benefits-related audits as necessary. 

• Maintain accurate documentation for compliance and internal reporting purposes. 

Other Responsibilities:

• Perform all activities in a safe and responsible manner and support all Environmental, Health, Safety & Security requirements and programs.

Required Qualifications: 

• Bachelor’s degree in Human Resources, Business Administration, or related field. 

• Minimum of 5-7 years of experience in benefits administration, with a focus on US employee benefits. 

• Deep knowledge of US health and welfare plans, 401(k) administration, and leave management. 

• Strong understanding of federal and state benefits regulations (ERISA, ACA, FMLA, COBRA, etc.). 

• Proven experience managing vendors and brokers, with strong negotiation and relationship management skills. 

Preferred Qualifications: 

• Excellent communication, analytical, and problem-solving abilities.

• Proficiency in HRIS systems and Microsoft Excel. 

Expected Salary Range

The exact Salary will be determined based on qualifications, experience and location.

If you need a reasonable accommodation for any part of the employment process, please contact us by email at usaccommodations@gf.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address. 

An offer with GlobalFoundries is conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations. 

GlobalFoundries is fully committed to equal opportunity in the workplace and believes that cultural diversity within the company enhances its business potential. GlobalFoundries goal of excellence in business necessitates the attraction and retention of highly qualified people. Artificial barriers and stereotypic biases detract from this objective and may be illegally discriminatory. 

All policies and processes which pertain to employees including recruitment, selection, training, utilization, promotion, compensation, benefits, extracurricular programs, and termination are created and implemented without regard to age, ethnicity, ancestry, color, marital status, medical condition, mental or physical disability, national origin, race, religion, political and/or third-party affiliation, sex, sexual orientation, gender identity or expression, veteran status, or any other characteristic or category specified by local, state or federal law