TSMC · 1 month ago
Benefits Specialist - Health and Welfare
Phoenix, AZ
Full-time
Hybrid
Senior Level
5+ years expTSMC Arizona is a leading semiconductor company looking for a Benefits Specialist in Health & Welfare. The role involves managing benefit programs, supporting team members with inquiries, and ensuring compliance with various regulations while contributing to the long-term benefits strategy of the organization.
Consumer ElectronicsElectronicsManufacturingProduct DesignSemiconductor
Responsibilities
Conducts research and contributes input as an active team member to the long-term benefits strategy for the organization to provide cost-effective benefit programs that provide a competitive advantage in the attraction and retention of talent
Provides daily support to answer benefit inquiries from all U.S. team members, including Taiwan training assignees. Be a subject-matter expert on medical, dental, vision, life and AD&D, disability, FSA, Voluntary benefits, EAP and wellness, COBRA, paid-time-off (PTO), and Holidays
Partners with broker(s) and other vendors to conduct quarterly and annual reviews of the company’s benefit plans and provide recommendations for plan changes to balance competitiveness with fiscal responsibility, ensuring alignment with the Benefits Strategy
Manages annual benefit open enrollment process, communication, and family benefits fair
Reconciles and processes plan invoices ensuring vendors are paid on time
Partners with Payroll, Finance, Legal, and other HR team members to effectively deliver benefits design and provide benefits-related support, training, and reporting as needed. Collaborates with HQ to gather input and inform
Manages vendor relationships and automated vendor files to ensure eligibility and enrollment is being successfully reported and updated
Participates in benefits-related New Hire and Relocation activities, including bi-weekly benefits presentations
Responsible for updating, maintaining, and posting benefit plan policies and procedures
Responds to medical support notices (QMSCOs)
Ensures benefit plan compliance with ERISA, COBRA, ACA, HIPAA, Section 125, HSA rules, and other benefit regulatory requirements including FSA Non-Discrimination Testing processes and procedures
Responsible for sourcing Leave Administration support and supporting LOA case management, as needed
Is a team player, a quick learner, and is not afraid of the challenges that come with a fast paced, fast growth company
Qualification
Required
Minimum of five (5) years program management level experience of self-funded and fully insured Health & Welfare benefit programs; including new benefit plan and vendor implementations
Comfortable working in a fast-paced startup culture – comfort with ambiguity and continuous problem solving
Demonstrated ability to lead multiple projects, manage multiple vendors, as well as prioritize day-to-day tasks and responsibilities
Works cooperatively and positively with fellow team members and vendors
Comprehensive understanding of applicable health and welfare compliance regulations
Demonstrates initiative, critical thinking, and the ability to manage own time, coupled with the ability to shift tasks as priorities change
Creative with problem-solving and is solution and detail oriented
Strong written, verbal, and presentation skills to effectively communicate benefit information at all levels
Maintains confidentiality and exercises good judgment with sensitive information
Proficient with Microsoft Office products, including Word, Excel, PowerPoint, and Outlook
Preferred
Experience with ADP is a plus
Benefits
Medical, Dental, and Vision Plans: Choose the options that best fit your and your family’s needs.
Income-Protection Programs: Financial assistance during injury or illness.
401(k) Retirement Savings Plan: Secure your financial future with competitive employer contributions.
Paid Time-Off Programs and Holidays: Recharge and spend quality time with loved ones.
Company
TSMC
Established in 1987, TSMC is the world's first dedicated semiconductor foundry.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$14.2BKey Investors
U.S. Department of CommerceBerkshire Hathaway
2024-04-08Grant· $6.6B
2024-01-01Acquired
2022-09-30Post Ipo Equity· $4.1B
Leadership Team
Morris Chang
Founder, Chairman & CEO
Peter M. Cleveland
Senior Vice President
Recent News
2026-01-14
2026-01-14
2026-01-13
Company data provided by crunchbase