What are the responsibilities and job description for the Head (Director) of Benefits position at Madrigal Pharmaceuticals?
About Madrigal:
Madrigal is a biopharmaceutical company pursuing novel therapeutics for non-alcoholic steatohepatitis (NASH), also known as metabolic dysfunction associated steatohepatitis (MASH). Our first therapy, Rezdiffra (resmetirom), was granted accelerated approval by the U.S. Food and Drug Administration (FDA) for the treatment of adults with NASH with moderate to advanced liver fibrosis (consistent with stages F2 to F3 fibrosis) and is being studied in a Phase 3 trial for the treatment of NASH with compensated cirrhosis.
Head (Director) of Benefits
Madrigal Pharmaceuticals, a commercial-stage biopharma company, seeks an experienced and strategic Director of Benefits to lead their benefits programs. This role reports to the VP of Total Rewards and HR Operations. You will be responsible for designing, implementing, and managing a comprehensive benefits strategy that supports our workforce and aligns with the company’s overall goals. You will collaborate with key stakeholders to ensure our benefits offerings are competitive and compliant and enhance employee experience.
Position Responsibilities:
Base salary is determined by several factors that include, but are not limited to, a successful candidate's qualifications, skills, education, experience, business needs, and market demands. The role may also be eligible for bonus, equity, and comprehensive benefits, which include flexible paid time off (PTO), medical, dental, vision, and life and disability insurance.
Madrigal is an Equal Opportunity Employer. All employment is decided on the basis of qualifications, merit, and business need. Applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex gender identity, sexual orientation, national origin, age, disability, protected veteran or disabled status, or other characteristic protected by applicable federal, state, or local law.
Unsolicited resumes from agencies should not be forwarded to Madrigal. Madrigal will not be responsible for any fees arising from the use of resumes through this source. Madrigal will only pay a fee to agencies if a formal agreement between Madrigal and the agency has been established.
Please be aware that we are currently receiving numerous reports of individuals misrepresenting themselves as Madrigal Pharmaceuticals’ Hiring Managers, seeking to engage with job candidates through fraudulent online advertisements or job posting sites. These unauthorized individuals are using Madrigal’s name and logo in an attempt to solicit up-front fees and obtain personal information from interested job candidates. Please know that Madrigal does not conduct interviews via text or in chat rooms; conduct interviews via Skype, RingCentral or solely via telephone; charge candidates an advance fee of any kind (e.g., fees for purchasing equipment); nor does it offer positions of employment without undergoing a thorough recruiting process. Interviews with Madrigal are conducted via the Zoom platform.
Please also note that any correspondence with regard to employment would come from an authorized madrigalpharma.com email address or from an email address from one of our trusted search firm partners. We are aware that incorrect/fraudulent email addresses, with Madrigal misspelled, have been utilized in these most recent fraud attempts. If you receive unsolicited employment offers from people claiming to work for Madrigal we recommend that you: do not respond to their questions; do not open any attachments; and do not click on any hyperlinks.
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Madrigal is a biopharmaceutical company pursuing novel therapeutics for non-alcoholic steatohepatitis (NASH), also known as metabolic dysfunction associated steatohepatitis (MASH). Our first therapy, Rezdiffra (resmetirom), was granted accelerated approval by the U.S. Food and Drug Administration (FDA) for the treatment of adults with NASH with moderate to advanced liver fibrosis (consistent with stages F2 to F3 fibrosis) and is being studied in a Phase 3 trial for the treatment of NASH with compensated cirrhosis.
Head (Director) of Benefits
Madrigal Pharmaceuticals, a commercial-stage biopharma company, seeks an experienced and strategic Director of Benefits to lead their benefits programs. This role reports to the VP of Total Rewards and HR Operations. You will be responsible for designing, implementing, and managing a comprehensive benefits strategy that supports our workforce and aligns with the company’s overall goals. You will collaborate with key stakeholders to ensure our benefits offerings are competitive and compliant and enhance employee experience.
Position Responsibilities:
- Strategic Leadership: Develop and execute a forward-thinking benefits strategy that aligns with business objectives and promotes employee engagement and retention
- Program Management: Oversee the design, implementation, and administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks
- Vendor Management: Establish and maintain strong relationships with benefits providers and vendors to ensure high-quality service delivery and optimal plan performance
- Market Analysis: Conduct regular market research and benchmarking to keep our benefits offerings competitive and aligned with industry trends
- Compliance Oversight: Ensure all benefits programs comply with country, federal, state, and local regulations; stay informed about changes in laws affecting employee benefits
- Employee Communication: Develop clear and engaging communication materials to inform employees about their benefits options and help them understand the value of their total rewards
- Team Leadership: Lead and mentor the benefits team, fostering a collaborative and growth-oriented environment
- A passion for benefits and how these contribute to the wellbeing of our employees
- A commercial and creative mindset and an ability to review options through both a short and long-term lens
- A proven track record of strategic planning and benefits program implementation
- Excellent analytical skills with a data-driven, organized approach to decision-making
- Externally connected and up to date with the latest market and industry trends, broad benefits subject manager expert
- Experience with broker and vendor management and optimization
- Strong communication and interpersonal skills, with the ability to engage employees and stakeholders effectively
- Demonstrated leadership experience, with the ability to inspire and develop team members
- 10 years of benefits experience, with international experience as a plus
- Ability to work hands-on and through the domestic and international HR and Total Rewards colleagues
- This role will be based near Boston, MA, with a 3-day hybrid office work arrangement
Base salary is determined by several factors that include, but are not limited to, a successful candidate's qualifications, skills, education, experience, business needs, and market demands. The role may also be eligible for bonus, equity, and comprehensive benefits, which include flexible paid time off (PTO), medical, dental, vision, and life and disability insurance.
Madrigal is an Equal Opportunity Employer. All employment is decided on the basis of qualifications, merit, and business need. Applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex gender identity, sexual orientation, national origin, age, disability, protected veteran or disabled status, or other characteristic protected by applicable federal, state, or local law.
Unsolicited resumes from agencies should not be forwarded to Madrigal. Madrigal will not be responsible for any fees arising from the use of resumes through this source. Madrigal will only pay a fee to agencies if a formal agreement between Madrigal and the agency has been established.
Please be aware that we are currently receiving numerous reports of individuals misrepresenting themselves as Madrigal Pharmaceuticals’ Hiring Managers, seeking to engage with job candidates through fraudulent online advertisements or job posting sites. These unauthorized individuals are using Madrigal’s name and logo in an attempt to solicit up-front fees and obtain personal information from interested job candidates. Please know that Madrigal does not conduct interviews via text or in chat rooms; conduct interviews via Skype, RingCentral or solely via telephone; charge candidates an advance fee of any kind (e.g., fees for purchasing equipment); nor does it offer positions of employment without undergoing a thorough recruiting process. Interviews with Madrigal are conducted via the Zoom platform.
Please also note that any correspondence with regard to employment would come from an authorized madrigalpharma.com email address or from an email address from one of our trusted search firm partners. We are aware that incorrect/fraudulent email addresses, with Madrigal misspelled, have been utilized in these most recent fraud attempts. If you receive unsolicited employment offers from people claiming to work for Madrigal we recommend that you: do not respond to their questions; do not open any attachments; and do not click on any hyperlinks.
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