Director of Total Rewards

Imagine if you had the skills knowledge and teammates to both understand the root of the worlds most pressing problems and build the technologies and companies best positioned to solve them. RA Capital has done exactly that for more than two decades backing bold ideas in medicines to further human health and now expanding into Planetary Health to improve how efficiently we utilize the worlds precious resources.

RA Capital is among the leading providers of capital and services to the most promising innovators in the world. We invest flexiblyseed to IPO and beyond anywhere in the worldwith $10 B under management and a culture that prizes curiosity rigor and collaborative debate. We are investors who not only fund companies but get elbow deep in building them. From helping them recruit talent to helping them recruit patients for their studies to helping match them to strategic partners and even going to Washington to win reforms RA Capitals large team has people with nearly every relevant expertise one might need to turn an idea into a cure that actually helps people.

If you live for first-principles problem-solving with great colleagues thrive on complexity and want to do meaningful work that ripples across industries and ecosystems youll feel at home at RA Capital. Here questions are welcomed ideas are tested and victories are shared. Even our lawyers are creative and engaging. And dont get us started on our compliance teams wicked sense of humor; nothing about what we do is boring.

Are you ready to bring your creativity discipline and collaborative spirit to help us invent the future Join us and youll collaborate daily with investors founders physicians biologists engineers economists and reform advocates who think in systems and act with urgency.

Join us to invent a happier healthier more productive future - and have fun doing it.

About the Role

We are looking for a Director Total Rewards to lead compensation and benefits strategy and execution across our two organizations RA Capital Management (RACM) and our incubator RAven. This is a high-impact dual-focused role that is both strategic and hands-on sitting at the intersection of people strategy and business performance.

Reporting to the Chief People Officer you will design and deliver a comprehensive Total Rewards program that is competitive equitable and aligned with our business goals. You will work closely with senior HR and business leaders across both organizations and manage a direct report.

What Youll Do

Total Rewards Strategy

• Develop and implement a global Total Rewards strategy that supports RACM and RAvens business objectives and promotes a competitive equitable compensation and benefits framework.
• Serve as the firms subject matter expert on compensation and benefits trends regulatory changes and industry best practices.

Compensation

• Design implement and administer competitive performance-driven compensation programs that attract and retain top talent.
• Partner with the CPO HRBP and VP HR & Operations to conduct job evaluations and market pricing ensuring appropriate compensation levels and pay equity across the organization.
• Manage mid-year and year-end compensation cycles in coordination with the CPO CFO and HRBP.
• Participate in compensation and benefits surveys compiling and submitting all required company data.
• Oversee payroll administration ensuring accuracy in coordination with the CFO.

Benefits

• Lead the design management and communication of benefits programs including health wellness leave and recognition ensuring alignment with best practices and compliance with applicable regulations.
• Own the annual benefits renewal process including vendor evaluation and selection balancing cost and employee value.
• Manage the full open enrollment cycle from planning and communications through systems configuration launch and post-enrollment activities.
• Oversee all leave of absence programs and serve as a go-to resource for employee benefits questions.
• Ensure compliance with all local state and federal requirements including required notices non-discrimination testing and periodic plan audits.
• Partner with the COBRA Administrator to ensure accurate and timely notifications for new hires and departing employees.

Engagement & Recognition

• Partner with senior leaders to develop and implement employee recognition and rewards programs that drive engagement and reinforce a high-performance culture.
• Lead the annual employee engagement survey synthesizing results to inform program strategy and improvements.

Analytics & Reporting

• Build and maintain dashboards to track compensation benefits and engagement metrics identifying trends and delivering actionable insights to senior stakeholders.

Leadership

• Manage and mentor 12 direct reports fostering their professional growth and building capability within the HR team.
• Collaborate with the CPO CFO VP HR & Operations at RAven to ensure Total Rewards programs are integrated into the firms broader people strategy.

What Were Looking For

• 10 years of progressive experience in compensation benefits or total rewards with demonstrated experience in a senior or lead role.
• Bachelors degree in human resources business or a related field; CCP or CEBS certification a plus.
• Strong analytical skills with the ability to translate data into clear recommendations.
• Experience managing benefits programs and compensation cycles end-to-end.
• Familiarity with federal and state regulatory requirements governing compensation and benefits.
• Excellent communication and stakeholder management skills; comfortable partnering with C-suite leaders.
• Experience supporting multiple business units or organizations is a plus.
• Strong Excel modeling skills
• Experience with Google Suite and Rippling
• Ability to thrive in a small dynamic team environment that values collaboration curiosity and a good sense of humor.
• Desire to contribute to a workplace that balances professionalism with having fun.
• Comfortable operating in a fast-paced intellectually rigorous environment that values curiosity and precision

Key Requirements:

• Must be based in the Greater Boston area
• Must be willing to work on a hybrid schedule out of our Boston based office
• Must be authorized to work in the United States without any sponsorship