Vice President, Global Total Rewards

Genmab

24d•Hybrid

About The Position

At Genmab, we are dedicated to building extra[not]ordinary® futures, together, by developing antibody products and groundbreaking, knock-your-socks-off KYSO antibody medicines® that change lives and the future of cancer treatment and serious diseases. We strive to create, champion and maintain a global workplace where individuals’ unique contributions are valued and drive innovative solutions to meet the needs of our patients, care partners, families and employees. Our people are compassionate, candid, and purposeful, and our business is innovative and rooted in science. We believe that being proudly authentic and determined to be our best is essential to fulfilling our purpose. Yes, our work is incredibly serious and impactful, but we have big ambitions, bring a ton of care to pursuing them, and have a lot of fun while doing so. Does this inspire you and feel like a fit? Then we would love to have you join us! The Role As Genmab continues its transformation into a fully integrated global biotech company, the Head of Total Rewards will architect a future-ready, technology-enabled global rewards strategy that aligns with our purpose, growth ambitions, and values. This leader will combine expertise in executive compensation, global scalability, and digital enablement to create a next-generation total rewards model—anchored in data, automation, and human experience. The role will also build the structures, systems, and shared-service capabilities needed to scale efficiently while maintaining governance, equity, and agility. The location is flexible across Genmab’s global hubs (Princeton, Copenhagen, Utrecht). We have a hybrid model that requires being onsite 60% of the time.

Requirements

15+ years of experience in total rewards, with significant leadership in global, complex organizations.
Deep expertise in executive compensation design, governance, and disclosure.
Proven success implementing technology, analytics, and automation within HR or total rewards functions.
Experience designing shared-service or center of excellence models across geographies.
Strong understanding of compensation and benefits regulations across multiple markets.
Exceptional ability to influence and communicate at the executive and Board level.
Demonstrated success leading and developing global teams, fostering capability growth and functional excellence.
Proven ability to translate external best practices and market intelligence into actionable strategies tailored to the biotech industry.

Nice To Haves

Visionary leader who designs systems for long-term scalability.
Digital innovator who applies automation and analytics to improve the employee experience.
Trusted advisor who balances strategic foresight with operational excellence.
Inclusive, globally minded leader who champions fairness and sustainability in rewards.

Responsibilities

Strategic Design & Operating Model Define and lead the evolution of Genmab’s total rewards philosophy and structure to support a global, end-to-end biotech organization.
Design a modern total rewards operating model that integrates regional teams, shared services, and centers of excellence for consistent global delivery.
Drive process standardization and automation to improve quality, transparency, and efficiency.
Lead a strategic compensation team responsible for developing forward-looking frameworks, tools, and analytics that enable proactive support to HR Business Partners, Talent, and other COE stakeholders.
Ensure the Total Rewards function continuously evolves its offerings to meet the changing needs of a high-growth, science-driven organization.
Executive Compensation & Governance Serve as lead advisor to the Board’s Remuneration Committee on executive and equity compensation.
Design performance-based and ESG-linked long-term incentive plans aligned with Genmab’s business strategy and culture.
Ensure strong governance, compliance, and transparency in all executive pay matters.
Bring external perspective and best-in-class practices to inform committee discussions and program evolution, ensuring Genmab remains competitive within the biotech and broader life sciences markets.
Global Rewards Strategy & Wellbeing Oversee global compensation, benefits, recognition, and mobility programs that balance competitiveness, scalability, and inclusivity.
Integrate skills-based pay, internal mobility, and evolving career architectures into the total rewards framework.
Evolve wellbeing and flexibility offerings through technology and personalized employee experiences.
Champion employee understanding and appreciation of Total Rewards by partnering with Communications and HR to create clear, engaging messaging that connects programs to our purpose, values, and “EVP”.
Regularly assess market trends, benchmark data, and emerging innovations to identify opportunities for differentiation and continuous improvement.
Technology, Automation & Data Lead implementation of digital total rewards platforms and process automation across compensation, benefits, and equity administration.
Establish robust analytics capabilities for pay equity, retention risk, and predictive modeling.
Drive continuous improvement through data insights, benchmarking, and feedback loops.
Leverage advanced analytics to generate actionable insights for business leaders, enabling data-driven decisions around talent retention, productivity, and performance outcomes.
Governance & Continuous Improvement Strengthen global governance structures and ensure alignment with regulatory, financial, and ethical standards.
Create transparency and consistency through standardized processes, policies, and data.
Build and mentor a global total rewards team with strong analytical and design skills.

Benefits

401(k) Plan: 100% match on the first 6% of contributions
Health Benefits: Two medical plan options (including HDHP with HSA), dental, and vision insurance
Voluntary Plans: Critical illness, accident, and hospital indemnity insurance
Time Off: Paid vacation, sick leave, holidays, and 12 weeks of discretionary paid parental leave
Support Resources: Access to child and adult backup care, family support programs, financial wellness tools, and emotional well-being support
Additional Perks: Commuter benefits, tuition reimbursement, and a Lifestyle Spending Account for wellness and personal expenses

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