Benefits Analyst

Company Overview:

If a culture of excellence, innovation and ownership is what you’re searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve’s position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone!

Role Summary:

We are seeking a motivated and analytical Benefits Analyst to join our Global Benefits team. This role partners closely with the Global Benefits Director to support the administration, analysis, communication, and ongoing development of employee benefits programs across more than 60 countries.

The Benefits Analyst plays a key role in evaluating self-funded plan budgets and pricing, supporting plan design and renewals, assisting with vendor procurement initiatives, and helping deliver effective employee benefits communications. This is an excellent opportunity for someone interested in benefits strategy, healthcare plan analysis, and employee engagement.

This position follows a hybrid work schedule, with employees working onsite four days per week at our Global Headquarters in Irving, Texas, and remotely on Fridays.

Role Responsibilities:

• Partner with the Global Benefits Director to support the development and execution of global benefits strategies and initiatives
• Assist with the analysis, pricing, and plan design of self-funded medical and pharmacy programs
• Support fully insured benefit plan designs, RFPs, and renewals, including data gathering, carrier proposal reviews, and renewal comparisons
• Coordinate with insurance carriers, brokers, consultants, TPAs, and internal stakeholders regarding benefit programs and renewals
• Analyze benefits utilization, enrollment, and claims data to support plan recommendations and cost management initiatives
• Develop and coordinate employee benefits communications, including open enrollment materials, presentations, FAQs, and ongoing education campaigns
• Support annual open enrollment activities and employee benefit education sessions
• Assist with benchmarking and market analysis to help ensure benefit offerings remain competitive
• Maintain accurate benefits documentation and support compliance with applicable laws and regulations, including ERISA, ACA, HIPAA, and other federal, state, and global requirements as applicable
• Respond to employee benefit inquiries and help resolve escalated issues
• Support vendor management activities and benefits-related projects as needed
• Prepare reports, presentations, and executive summaries for leadership review
  
  

Requirements:

• Bachelor’s degree in human resources, Finance, Business, or a related field preferred
• 3-5 years of experience in benefits, HR, finance, insurance, consulting, or related analytical roles
• Strong analytical and problem-solving skills with the ability to interpret and summarize data
• Excellent written and verbal communication skills
• Strong attention to detail and organizational skills
• Proficiency in Microsoft Excel and PowerPoint required
• Ability to manage multiple priorities in a fast-paced environment
• Demonstrated interest in employee benefits strategy, healthcare plan design, and employee communications
  
  

Preferred:

• Experience with HRIS systems, benefits administration platforms, or healthcare analytics tools is a plus
• Exposure to self-funded health plans, fully insured renewals, or broker or carrier environments is preferred but not required
  
  

Benefits Starting from Day 1:

• Medical, Dental & Vision Insurance (including FSA and HSA options)
• Life Insurance Supplemental Life, Child, Spousal, and AD&D Insurance
• Short- and Long-Term Disability
• Retirement Planning, 401(k) plan, & Financial Wellness Resources
• Educational Assistance Program
• Time off Policies (including sick leave, parental leave, and paid vacation)
• Eligibility requirements apply to some benefits and may depend on job classification and length of employment
  
  

Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000 employees in 50 countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000 customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.

Req ID : R-19306

Job Family Group : Human Resources

Job Family : Total Rewards

EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision

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