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Benefits Analyst III

Carpenter Technology Corporation
401(k)
United States, Pennsylvania, Reading
101 Bern St (Show on map)
May 19, 2026
Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels. Carpenter's high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy markets, among other markets. Building on its history of innovation, Carpenter's wrought and powder technology capabilities support a range of next-generation products and manufacturing techniques, including novel magnetic materials and additive manufacturing.

Position Summary:

Supports and optimizes the company's benefits programs within a complex, 24/7 manufacturing environment. This senior-level role provides advanced analytical expertise, benefits operations support, and vendor management for a diverse workforce that includes hourly, salaried, union, and non-union employees. The ideal candidate combines deep technical benefits knowledge with strong analytical skills, exceptional customer service, and the ability to partner effectively across Human Resources, Labor Relations, Payroll, and site leadership.

Position Description:

  • Deliver expert-level daytoday administration for medical, dental, vision, life, disability, and Executive benefit plans.

  • Resolve complex eligibility, leave, and job transfer inquiries from employees and supervisors.

  • Ensure accurate and timely processing of benefit actions for hires, promotions, transfers, layoffs, and recalls.

  • Maintain alignment between HRIS systems, benefits platforms, payroll, and union contract provisions.

  • Interpret and administer benefitrelated sections of collective bargaining agreements.

  • Support contract negotiations through benefit costing, trend analysis, and plan comparisons.

  • Partner with union representatives and local HR teams to resolve benefit concerns and support grievance responses.

  • Serve as daily contact for carriers and thirdparty administrators to resolve service issues.

  • Conduct audits of vendor transactions, including leave claims, COBRA events, and new hire enrollments.

  • Support RFPs, renewals, rate analysis, and plan design work with consultants and actuaries.

  • Conduct cost modeling, utilization analysis, and trend reporting.

  • Provide insights to Benefits leadership on cost drivers and plan optimization opportunities.

  • Maintain dashboards for enrollment activity, leave trends, overtime impact, and wellness participation.

  • Ensure compliance with ERISA, ACA, HIPAA, COBRA, FMLA, ADA, USERRA, and collective bargaining agreements.

  • Support Form 5500 filings, nondiscrimination testing, audits, and required annual communications.

  • Maintain SOPs and process controls tailored to manufacturing environments.

  • Support system configuration, testing, and communications planning for annual open enrollment.

  • Manage multishift rollout, ensuring employees across all locations receive accurate materials.

  • Plan annual benefits fair/wellness day events for all locations. Develop clear, accessible communications for a primarily onsite, hourly workforce.

  • Conduct supervisor training and onsite informational sessions.

  • Oversee benefits programs for international locations, ensuring compliance and competitiveness.

  • Partner with global consultants and site leadership on renewals and ongoing issues.

  • Participate in monthly reviews with international brokers.

  • Manage the corporate relocation program, including vendor invoicing and policy updates.

  • Administer the Expat program in coordination with Payroll and external tax partners.

  • Manage the Motus auto reimbursement program, including compliance, funding, and imputed income calculations.

  • Support benefit renewals, planning sessions, and ongoing communications development.

Position Requirements:

  • Four- year college degree in Business, Human Resources, Finance, or related field or demonstrated equivalent experience as determined by Department Manager.

  • Five to seven years of experience in benefits administration; experience in a manufacturing or industrial environment strongly preferred.

  • Ability to manage multiple priorities (small projects and sub-teams) in a fast-paced environment and interact effectively with employees at all levels.

  • Must be technologically adept and able to work with multiple applications.

  • Strong analytical and technical skills, including intermediate to advanced Microsoft Excel skills.

  • Experience with HRIS systems (Workday, SAP, UKG, etc.). Specific knowledge of Workday system is a plus.

Carpenter Technology Company offers a competitive salary and a comprehensive benefits package including life, medical, dental, vision, flexible spending accounts, disability coverage, 401k with company contributions as well as many other options to employees.

Carpenter Technology Corporation's policy is to fully and effectively maintain a program of equal employment opportunity and nondiscrimination for all employees, to employ affirmative action for all protected classes, and to recruit and develop the best qualified persons available regardless of age, race, color, religion, sex, gender identity, sexual orientation, marital status, national origin, political affiliation or any other characteristic protected by law. The Company also will recruit, develop and provide opportunities for qualified persons with disabilities and protected veterans.

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