Director, Total Rewards

OpenLoop Health • Des Moines, IA

1d

About The Position

OpenLoop is seeking a Director, Total Rewards to lead the compensation, benefits, and equity programs supporting its growing workforce. This hands-on role combines day-to-day program ownership with designing frameworks for OpenLoop and its family of companies as they grow. The position is responsible for making rewards programs competitive, fair, and easy to understand, and for managing and developing the Total Rewards team.

Requirements

• Experience leading total rewards across both compensation and benefits at high-growth companies.
• Track record of leading and developing team members.
• Experience owning annual compensation cycles and building or evolving job architecture, leveling, and salary structures.
• Experience administering private-company equity.
• Working knowledge of benefits and pay compliance, including ERISA, ACA, COBRA, HIPAA, FLSA, and state pay transparency laws.
• Strong modeling skills in Excel or Google Sheets.
• Experience with compensation survey data such as Radford, Mercer, Pave, or comparable sources.
• Effective communication skills, including explaining trade-offs to partners and leaders and making complex programs clear for employees.

Nice To Haves

• Total rewards experience in healthcare, telehealth, pharmacy, or patient care settings.
• Experience integrating compensation and benefits after acquisitions.
• Experience with Rippling, Workday, Ashby, Carta, Pave, or similar platforms.
• CCP, CBP, or CECP certification.
• Experience using AI tools to automate compensation and benefits workflows.

Responsibilities

• Own compensation programs end to end, including job architecture, leveling, salary ranges, market pricing, and offer guidelines.
• Lead annual and off-cycle compensation cycles, including budget modeling, calibration support, manager tools, and enablement.
• Advise recruiters and leaders on offers and pay decisions with data-backed recommendations.
• Administer the equity program, including grant guidelines for new hires, promotions, and refreshes; partner with Legal and Finance on equity pool sizing, burn rate, and dilution modeling.
• Explain the value of total rewards packages, including equity, to employees and candidates through clear education and communication.
• Own benefits strategy and operations across medical, dental, vision, 401(k), leave, and wellbeing programs.
• Lead annual benefits renewals and open enrollment with brokers and carriers, balancing employee experience and cost.
• Manage benefits and rewards vendors, including contracts, performance, and escalations.
• Manage benefits compliance, including ERISA, ACA, COBRA, HIPAA, Form 5500, and nondiscrimination testing.
• Own compensation and benefits integration for acquisitions and harmonize pay and benefits across subsidiaries and the pharmacy network.
• Lead pay equity analyses and partner with HR business partners and Legal on FLSA exemption reviews and compliance with multi-state pay transparency and wage-and-hour laws.
• Build reporting on compensation spend, market competitiveness, benefits utilization, and retention risk, and turn findings into recommendations for leadership.
• Use systems, survey data, AI, and automation to make rewards processes faster and more accurate.
• Manage and develop the Total Rewards team.

Benefits

• Medical, dental, and vision plans
• Flexible Spending Accounts and Health Savings Accounts
• Flexible PTO
• 401(k) with company match
• Life insurance
• Pet insurance
• Other benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed