Crane Company · 11 hours ago
Sr. Benefits & Compensation Specialist
Crane Company is seeking a Sr. Benefits & Compensation Specialist to work as part of their Corporate Total Rewards team. The role involves comprehensive support for benefits and compensation functions, including administration of retirement plans, market research, and compliance activities.
Consumer Goods
Responsibilities
Support day-to-day administration of Crane's 401(k) and pension plans, including responding to information request from vendors, monitoring demographics data integrity and file integrations, error reporting, funding reconciliation and payments, and performing ad-hoc plan and participant research in support of plan operations
Primary contact for day-to-day inquiries and work requests from H&W benefit administration vendors, monitor file integrations and error reports, distribute reporting and process weekly / bi-weekly / monthly claims and reimbursements funding requirements
Respond to queries from HR business partners and associates with respect to plan provisions; coordinate with benefits, retirement and payroll vendors to resolve escalated inquiries with focus on providing thorough and timely response / resolution
Conduct compensation market research and benchmarking to evaluate internal pay equity and external competitiveness
Prepare compensation reports, dashboards, and analytics for HR and business leadership
Partner with Total Rewards leadership in oversight of ongoing service delivery and management of contracted administrators and service providers, receiving and working through service issues, provides feedback to vendors, gets to root cause and recommends solutions
Manage and administer the Crane Fleet and global Service Award programs and vendors
Responsible for compliance-related activities and processes including annual 401(k) plan nondiscrimination testing, highly compensated employee management and Plan demographics reviews
Provide support for internal and external audits cycles, and assist with various regulatory filing activities (e.g. Form 5500, 11-K, PCORI) [I think we want someone to do more than provide administrative support – we want them to be the primary contact, perform research, collect documentation, and with leadership mitigate issues]
Support effective benefit communications by collaborating with Crane Co.’s vendors to develop required notices and materials designed to support participant education; support preparation of materials and reports for delivery to Plan Committees and other leaders / stakeholders, develop and participate in presentations to HR business partners and associates
Compile, analyze and report total rewards data for KPI scorecards, strategic planning and evaluation, best practices and benchmark surveys. Analyze and evaluate data and trends, using findings to make recommendations for program and process improvements
Collaborate with internal and external partners (Legal, Accounting, Tax, vendors and consultants) in support of ongoing administration of plans and programs
Develop and maintain detailed knowledge of company's benefit and retirement plans and processes necessary to support administration of the plans
Support ad-hoc analysis / reporting requests from stakeholders and additional HR projects and initiatives as needed
Qualification
Required
Minimum 3 years' experience in a Corporate Benefits or total rewards role with responsibility / experience in retirement, health and welfare plans
Strong analytical skills with the ability to perform independent analysis and demonstrated skill in making data-informed recommendations
Demonstrated experience taking initiative to identify, recommend and implement process improvements
Knowledge of government regulations impacting retirement and benefit plans and programs
Experience in coordinating ongoing and annual compliance-related requirements for benefit and retirement plans, inclusive of audits, filings and disclosures
Intermediate to advanced Microsoft Office skills including Excel, PowerPoint and Word
Strong organizational skills with the ability to maintain and develop processes and operating practices that minimize risk and drive efficiency
Ability to manage multiple tasks and deadlines with excellent attention to detail
Preferred
A Baccalaureate Degree from an accredited College or University in Human Resources, Finance, or other related field or commensurate experience is preferred
Relevant professional designation / certification a plus (CEBS, CBP, RPA)
Benefits
Competitive base pay and bonus opportunity
Health / dental / vision insurance
Health Savings and Flexible Spending account options
Paid time off (vacation, 11 holidays, unlimited sick days, paid time to volunteer in your community)
401(k) with 3% company match plus 3% non-elective contribution
Tuition reimbursement
Company-paid life, short-term and long-term disability insurances
Company-paid employee assistance program
Company
Crane Company
Crane employees share a proud 150-year-plus history of doing business the right way—treating people fairly, dealing honestly and ethically with customers, suppliers, and shareholders, and working hard to meet or exceed the expectations of customers.
H1B Sponsorship
Crane Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2024 (2)
2023 (2)
2022 (8)
2021 (21)
2020 (21)
Funding
Current Stage
Late StageRecent News
2025-10-01
2025-07-22
Company data provided by crunchbase