Senior Manager, Benefits

Job Description

Job Description

Company introduction:

Compass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to unlocking urgently needed new treatment options in mental health care.

The Company is headquartered in London, UK, with a U.S. office in New Jersey. We believe mental health patients deserve the possibility of a better future. Our initial focus is developing COMP360 psilocybin, a proprietary, investigational, synthetic psilocybin treatment under evaluation for treatment-resistant depression (TRD) and post-traumatic stress disorder (PTSD). COMP360 is a potentially first-in-class treatment and has Breakthrough Therapy designation from the U.S. Food and Drug Administration (FDA), as well as Innovative Licensing and Access Pathway (ILAP) designation in the UK for TRD.

We are leading the world's largest classic psychedelic clinical program in TRD, and building upon that robust foundation, we are executing a late-stage trial evaluating COMP360 for PTSD, another condition with high unmet need. Our goal is to advance treatments that move the field of psychiatry towards treatment options that offer rapid onset and sustained durability with infrequent dosing. - Compass Pathways

Job Overview :

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.

Location: Jersey City, NJ or North East US remote with some travel to the London office.

Reports to: Executive Director, People Operations.

Roles and responsibilities
( Include but are not limited to ):

• 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

Candidate Profile:

• 8+ years of progressive U.S. benefits experience, specifically in the life sciences industry (biotechnology/pharmaceutical/medical device)
• 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
• Experience in a high-growth or highly regulated environment preferred
• Advanced Excel skills, including the ability to analyze benefits data, model costs, identify trends, and support renewal and budgeting decisions

Compensation Description (annually):

Our compensation package for permanent hires includes base salary, discretionary bonus, and equity, alongside our comprehensive benefits offering.

Please note that the base salary range is a guideline, and individual total compensation will vary based on factors such as qualifications, skill level, competencies, and work location.

【Base salary per annum】:

$145,000—$190,000 USD

Benefits:

For an overview of our benefits package and compensation information, please visit "Joins us - Our Benefits".

These include flexibility & generous time off, parental & reproductive support, health & medical, mental health & wellbeing and Financial health.

Equal opportunities:

Reasonable accommodation

We are committed to building a workplace where everyone's wellbeing matters. If you need reasonable accommodation during the interview process to be at your best, please let our recruiting team know.

UK applicants

We are proud of our commitment to diversity and equality (pursuant to the Equality Act 2010). We do not discriminate based upon race, religion or belief, colour, nationality, ethnic or national origin, gender, pregnancy or maternity, marital or civil partner status, sexual orientation, gender reassignment, age or disability.

US applicants

Compass Pathways is proud to be an equal opportunity employer. All employment decisions are based on business needs, job requirements, and individual qualifications, without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, and related medical conditions), ethnicity, age, disability, sexual orientation, gender identity, gender expression, military service, genetic information, familial or marital status, or any other status, category, or characteristic protected by applicable law.

Sponsorship:

Unfortunately, we cannot sponsor employment visas and can only accept applications if you have employment rights in the country to which you are applying.

Data Privacy:

All data is confidential and protected by all legal and data privacy requirements, please see our recruitment Privacy Notice to learn more about how we process personal data.