Director of Total Rewards

RA Capital Management•Boston, MA

1d•Hybrid

About The Position

RA Capital is a leading provider of capital and services to innovators in medicines and Planetary Health. We invest flexibly from seed to IPO and beyond, with over $10 billion under management. Our culture prizes curiosity, rigor, and collaborative debate. We are investors who not only fund companies but actively help build them, offering expertise in talent recruitment, patient recruitment, strategic partnerships, and policy reform. We are looking for a Director, Total Rewards to lead compensation and benefits strategy and execution across 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.

Requirements

10+ years of progressive experience in compensation, benefits, or total rewards, with demonstrated experience in a senior or lead role.
Bachelor’s degree in human resources, business, or a related field.
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.
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
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

Nice To Haves

CCP or CEBS certification a plus.
Experience supporting multiple business units or organizations is a plus.

Responsibilities

Develop and implement a global Total Rewards strategy that supports RACM and RAven’s business objectives and promotes a competitive, equitable compensation and benefits framework.
Serve as the firm's subject matter expert on compensation and benefits trends, regulatory changes, and industry best practices.
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.
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.
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.
Build and maintain dashboards to track compensation, benefits, and engagement metrics — identifying trends and delivering actionable insights to senior stakeholders.
Manage and mentor 1–2 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 firm's broader people strategy.