Job Description

Do you want to join a team where the mission is meaningful, the challenges are complex, and you can directly see the results of your hard work? Lundbeck is a global biopharmaceutical company focusing exclusively on brain health. With more than 70 years of experience in neuroscience, we are committed to improving the lives of people with neurological and psychiatric diseases. Lundbeck employees are inspired and driven by our purpose to advance brain health and transform lives. Join us on our journey of growth!

Summary:

Directs the organization's compensation, benefits and HR operations functions. Responsible for overall design, implementation, communication, administration, and ongoing evaluation of the organization’s compensation and benefits programs for the United States. Directs HR operations to ensure data accuracy, analytics and reporting support business decisions. Ensures that compensation and benefit programs support the organization’s strategic objectives and meet all legal requirements. 

Essential Functions:

• Develops and maintains total rewards philosophy and supporting programs that enable the organization in meeting its business objectives. These programs include base pay, short- and long-term incentive pay, health and welfare benefits, and retirement plans.
• Directs team processes including compensation planning, survey participation and market pricing, open enrollment, LTI grant processes, employee surveys, and related processes. Manages approval process with VP Human Resources.
• Directs HRIS activities, ensuring dashboards, data analytics, and special projects have sufficient staffing and support from Headquarters, Global Business Services, and the U.S. Analytics Team (ACE).
• Collaborates with global total rewards leadership in Copenhagen to ensure alignment of U.S. programs with global strategies; contributes to global total rewards team.
• Collaborates with Human Resource Business Partners and Talent Acquisition to ensure that programs address current and future business needs; aligns with Talent Management on major processes and communications campaigns.
• Leads communications strategy for total rewards for the U.S.; ensures regular, employee-focused education on total rewards programs are delivered in an appropriate manner at the appropriate time. Develops and leads manager training on compensation topics including pay transparency and compensation decisions.
• Evaluates market data, industry trends, and best practices, proactively seeks opportunities to enhance the competitiveness of compensation and benefits programs.
• Collaborates with the Incentive Compensation team and Finance to provide a complete analysis and snapshot of total rewards costs and budget requests.
• Recommends and presents plan design and annual total rewards budget to senior leadership. Manages the budget approval process with the VP Human Resources.
• Directs process documentation and process improvements. Ensures that appropriate processes are moved to and completed by the Global Business Services team.
• Contributes to due diligence for potential acquisitions, identifying costs and rewards risks. Leads integration of HR systems, compensation and benefits programs of acquired organizations into Lundbeck systems and programs.
• Manages vendors including selection of data vendors, consultants, brokers, and advisors; negotiates contracts, seeking to balance competitiveness and appropriate service levels with cost control.
• Ensures total rewards compliance with relevant regulatory standards and statutes. Identifies new compliance issues and manages compliance risk for both state and federal regulations.
• Manages and directs the work of 3 team members; provides coaching and performance feedback; makes and communicates compensation decisions.

• Other duties as assigned.

Required Education, Experience, and Skills:

• Accredited Bachelor’s Degree
• 10+ years of experience in benefits and compensation programs (Total Rewards Programs)
• 5+ years demonstrated experience in developing and administering complex compensation strategies and ability to balance strategic thinking with detailed focus on execution
• 5+ years managing a team of direct reports to include hiring, training, coaching performance and professional development
• Demonstrated knowledge of pertinent federal and state regulations, filing and compliance requirements (i.e., ERISA, ACA, HIPAA, COBRA, FMLA, IRS, ADA, Pay Equity and Pay Transparency, Section 125 regulations, 5500, Health Care Reform, Workers Compensation, Medicare, Social Security, DOL, FLSA)
• Clear, precise and effective verbal and written communication and presentation skills
• Results driven with ability to operate independently and proactively
• Proven ability to establish rapport and work across all levels of organization and cultivate relationships to include executive leadership, HR Business Partners, Talent Acquisition, Talent Management, Procurement, Legal and Finance
• Strong working knowledge of Microsoft Office Suite
• Ability to drive multiple projects simultaneously with regularly adjusting priorities

Preferred Education, Experience, and Skills:

• Accredited Bachelor’s Degree in Human Resources or related field with an emphasis in business or finance
• Demonstrated experience with overseeing or managing HR operations, systems and tools.
• Experience working with and benchmarking Life Sciences/Specialty Pharmaceutical Organizations
• Knowledge in financial/business analysis techniques highly desirable
• Industry certifications (CCP, CEBS, SPHR, PHR, etc.)
• Experience with HRIS systems such as Success Factors, BenefitFocus and/or Ceridian Payroll

Travel:

• Willingness/Ability to travel up to 10% domestically. International travel may be required

The range displayed is specifically for those potential hires who will work or reside in the state of Illinois, if selected for this role, and may vary based on various factors such as the candidate’s qualifications, skills, competencies, and proficiency for the role. Salary Pay Range: $170,000 - $240,000 and eligibility for a 25% bonus target based on company and individual performance, and eligibility to participate in the company’s long-term incentive plan. Benefits for this position include flexible paid time off (PTO), health benefits to include Medical, Dental and Vision and company match 401k. Additional benefits information can be found on our [click to reveal website link] . Applications accepted on an ongoing basis. 

Why Lundbeck

Lundbeck offers a robust and comprehensive benefits package to help employees live well and protect their health, family, and everyday life. Information regarding our benefit offering can be found on the [click to reveal website link] .

Lundbeck is committed to working with and providing reasonable accommodations to disabled veterans and other individuals with disabilities during our employment application process. If, because of a disability, you need a reasonable accommodation for any part of the application process, please visit the [click to reveal website link] .

Lundbeck is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status, and any other characteristic protected by law, rule, or regulation. Lundbeck participates in [click to reveal website link] .

Job Tags

Similar Jobs