Senior Manager, Benefits

Compass Pathways
$145,000 - $190,000Remote

About The Position

Compass Pathways is seeking a Senior Manager, Benefits to serve as the Company's US lead benefits subject matter expert and oversee the administration, compliance, strategy, and continuous improvement of our U.S. benefits programs. This role is responsible for the overall management of health and welfare benefits, leave administration, compliance, vendor relationships, and employee benefits experience. The Senior Manager, Benefits will partner closely with People Operations, Payroll, Finance, Legal, external brokers, carriers, and third-party administrators to ensure our programs remain competitive, compliant, and operationally effective. Over time, the role will also develop familiarity with the Company's UK benefits programs to support knowledge sharing and a more globally aligned benefits strategy.

Requirements

  • 8+ years of progressive U.S. benefits experience
  • Strong knowledge of health and welfare plans and benefits compliance
  • Deep understanding of ACA, ERISA, HIPAA, COBRA, and FMLA requirements
  • Experience managing benefits vendors, brokers, carriers, and third-party administrators
  • Experience supporting renewals, open enrollment, and plan design discussions
  • Strong understanding of payroll deductions, eligibility administration, and benefits data integrations
  • Experience working with HRIS, payroll, and benefits administration systems
  • Strong analytical, communication, and problem-solving skills
  • Advanced Excel skills, including the ability to analyze benefits data, model costs, identify trends, and support renewal and budgeting decisions

Nice To Haves

  • Experience in a high-growth or highly regulated environment preferred

Responsibilities

  • Manage U.S. health and welfare benefit programs, including medical, dental, vision, life, disability, and voluntary benefits
  • Support annual renewals, open enrollment, employee communications, and benefits administration activities
  • Serve as the primary subject matter expert for ACA, ERISA, HIPAA, COBRA, and FMLA
  • Serve as the primary point of contact for employee benefits inquiries and escalated issues
  • Support employee questions related to the Company's 401(k) plan and work directly with Plan’s recordkeeper to facilitate issue resolution
  • Manage relationships with brokers, carriers, third-party administrators, and benefits vendors
  • Support plan design discussions, benchmarking activities, and cost management initiatives
  • Complete benefits surveys and support benefits-related reporting and data requests
  • Partner with Payroll and HRIS teams to ensure accurate payroll deductions, eligibility administration, and benefits data integrations
  • Own the integrity of eligibility and enrollment files between payroll, HRIS, carriers, and vendors, proactively identifying and resolving discrepancies before they impact employees
  • Analyze benefits data and identify trends, risks, and opportunities to improve employee experience and operational effectiveness
  • Conduct root-cause analysis on recurring issues and implement sustainable solutions
  • Ensure employees receive timely, accurate, and practical guidance regarding benefits programs

Benefits

  • Discretionary bonuses
  • Equity
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