Senior Rewards Analyst
Listed on 2026-06-20
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HR/Recruitment
Regulatory Compliance Specialist -
Business
Regulatory Compliance Specialist
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.
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.
Key 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 with 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.
- Own and administer the ADA accommodations program, ensuring consistent application, equitable application across the organization, thorough interactive processes, accurate documentation, KPI tracking, and continuous process improvement while maintaining compliance with federal and state regulations.
- 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.
- 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, Pivot Tables, 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.
- Experience supporting…
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