Senior Benefits Analyst

Senior Benefits Analyst

The Senior Benefits Analyst will be responsible for strategy and administration of US Health & Welfare programs. Responsibilities will also include limited focus on retirement and international support. This position requires a high degree of analytical skills, organization, and collaboration. The Senior Benefit Analyst will partner with stakeholders, such as HR Business Partners, Labor Relations, Legal, Retirement, HR Operations, Union leaders, vendor partners and other teams as necessary. This position is a hybrid role based in Frisco, TX, with in-office work from Tuesday to Thursday and remote work on Monday and Friday.

Key Duties and Responsibilities:

• Research, evaluate, and analyze proposed benefit offerings; conduct Health & Welfare and Retirement cost analyses and develop strategic recommendations.
• Serve as the primary benefits subject matter expert for union-represented employee populations, providing analysis, guidance, and recommendations on benefit plan design, costs, and collective bargaining proposals.
• Oversee the end-to-end administration of negotiated benefit changes, including maintaining agreement documentation, monitoring implementation progress, and collaborating with cross-functional teams to ensure accurate and timely execution.
• Demonstrate knowledge of medical plan designs, Health & Welfare programs, retirement plans, and applicable benefits regulations.
• Review and interpret benefit-related legal and regulatory documents, including Summary Plan Documents (SPDs), Collective Bargaining Agreements (CBAs), and other plan materials to support compliance and administration.
• Prepare and complete federal, state, and local Health & Welfare and Retirement compliance filings as assigned.
• Develop professional reports, presentations, and executive-ready materials that effectively communicate analyses, recommendations, and program updates to stakeholders.
• Manage Health & Welfare vendor relationships, including RFI/RFP processes, vendor evaluations, implementations, and ongoing performance management.
• Support benefits projects and initiatives, ensuring accurate execution, effective organization, and adherence to project timelines.
• Provide day-to-day Health & Welfare benefits administration support, including employee inquiries, issue resolution, vendor coordination, and Annual Enrollment activities.
• Perform Health & Welfare budget tracking, financial reconciliations, and benefits-related reporting.
• Maintain organized records, data, and documentation while ensuring accuracy, confidentiality, compliance, and attention to detail.
• Utilize advanced Microsoft Office applications, particularly Excel and PowerPoint, to analyze data, prepare reports, and develop presentations that support business decision-making.
• Perform other benefits duties and special projects as assigned, including, but not limited to global mobility, financial reconciliation and wellness related items.

Total Rewards:

• Salary Range: $76,400 - $105,000
• Actual placement within the compensation range may vary depending on experience, skills, and other factors
• Benefits, subject to election and eligibility: Medical, Dental, Vision, Disability, Paid Time Off (including paid parental leave, vacation, and sick time), 401k with company match, Tuition Reimbursement, and Mileage Reimbursement
• Annual bonus based on performance and eligibility

Requirements:

• 5 years or more of related Benefits experience
• Bachelor's degree preferred with strong focus on numbers and analytics
• Knowledge of State and Federal laws and regulations pertaining to Benefits
• Understanding of Health & Welfare plan designs
• Must have strong inclination and comfort with reporting, complex spreadsheets and calculations
• Must be proactive and agile, self-starter with a team first approach
• Experience producing deliverables in a fast paced, time sensitive, highly responsive environment, with ability to multitask and prioritize deliverables
• Excellent written and oral communication skills, including large group presentations
• Advanced analytical skills
• Some travel may be required

Benefits Specific Skills Preferred but not required:

• Prior Benefits Analyst, Benefits Management or Benefits Broker experience
• Union negotiations and experience with Collective Bargaining Agreements
• Retirement plan knowledge, including 401(k), pension, and plan administration processes
• Knowledge of Health & Welfare plan design, administration, and funding arrangements
• Workday HCM experience

Company Overview: Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company with more than 150 owned, licensed and partner brands that meet a wide range of needs and occasions. Our North American refreshment beverage business holds leadership positions across carbonated soft drinks, water, juice and mixers with a portfolio of iconic brands such as Dr Pepper, Canada Dry, Mott's, A&W, Peafiel, GHOST, 7UP, Snapple, Clamato and Core Hydration. Our global coffee business spans more than 100 markets and includes the leading Keurig single?serve brewing system in the U.S. and Canada, along with powerhouse brands such as Peet's, L'OR and Jacobs, and other regional coffee leaders. Our more than 50,000 employees aim to enhance the experience of every beverage and coffee occasion while making a positive impact for people, communities and the planet. We strive to be an employer of choice, providing a culture and opportunities that empower our team to grow and develop. We offer robust benefits to support your health and wellness as well as your personal and financial well-being. We also provide employee programs designed to enhance your professional growth and development, while ensuring you feel valued, inspired and appreciated at work. Whatever your area of expertise, at KDP you can be a part of a team that's proud of its brands, partnerships, innovation and growth.

Keurig Dr Pepper is an equal opportunity employer and recruits qualified applicants and advances in employment its employees without regard to race, color, religion, gender, sexual orientation, gender identity, gender expression, age, disability or association with a person with a disability, medical condition, genetic information, ethnic or national origin, marital status, veteran status, or any other status protected by law. A.I. Disclosure: KDP uses artificial intelligence to assist with initial resume screening and candidate matching. This technology helps us efficiently identify candidates whose qualifications align with our open roles. AI does not make hiring decisions; all decisions throughout the hiring process are made by talent acquisition team members. If you prefer not to have your application processed using artificial intelligence, you may opt out by emailing your resume and qualifications directly to kdpjobs@kdrp.com in lieu of clicking Apply. In order for your application to be considered and opted out of AI, you must include the words "AI Opt-Out" and either job title and location or Job ID # in the email subject line in your email application.