Assoc. VP, Physician & Faculty Compensation
University of Miami
Current Employees:
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The University of Miami and the University of Miami Health System seek an accomplished strategic and analytically sophisticated compensation executive to serve as Associate Vice President Physician & Faculty Compensation.
The Associate Vice President Physician & Faculty Compensation serves as the institutions senior leader for physician and faculty compensation and provides enterprise-wide leadership for the design governance administration financial alignment and strategic evolution of compensation programs across the Miller School of Medicine and UHealth. The Associate Vice President serves as the enterprise compensation strategist governance leader and executive advisor for physician and faculty compensation funds flow fair market value (FMV) commercial reasonableness and financial alignment across UHealth and the Miller School of Medicine.
This role partners closely with executive leadership department chairs institute directors faculty leadership and other senior stakeholders to develop and implement compensation strategies that support organizational growth physician and faculty recruitment and retention financial sustainability regulatory compliance and the academic mission of education research and patient care.
This role provides executive oversight for physician and faculty compensation strategy funds flow methodologies faculty compensation architecture incentive plan design productivity and performance methodologies compensation governance market intelligence and compensation-related strategic initiatives. The incumbent ensures compensation programs support institutional priorities while maintaining consistency transparency fiscal responsibility regulatory compliance and market competitiveness.
The Associate Vice President serves as the institutions principal advisor on physician and faculty compensation matters and provides strategic guidance regarding organizational transformation clinical expansion new business ventures compensation plan redesign academic growth initiatives leadership appointments and emerging trends impacting academic medicine and healthcare delivery.
Core Job Functions
Serve as the Universitys senior strategic advisor and institutional authority on physician and faculty compensation providing enterprise-wide leadership for compensation strategy governance financial alignment market competitiveness workforce planning and organizational effectiveness across UHealth and the Miller School of Medicine.
Develop lead and continuously evolve a comprehensive physician and faculty compensation philosophy strategy and governance framework that supports the organizations clinical academic research and financial objectives while ensuring alignment with long-term institutional priorities.
Establish and oversee compensation models methodologies and frameworks that appropriately balance productivity quality patient access citizenship leadership education research innovation and organizational performance while maintaining flexibility for specialty- and discipline-specific market considerations.
Provide executive leadership for compensation-related strategic initiatives including organizational transformation clinical expansion academic growth service line development affiliations joint ventures mergers acquisitions and other enterprise initiatives impacting physician and faculty compensation.
Lead the design governance and continuous improvement of enterprise financial alignment and funds flow strategies ensuring transparent sustainable and mission-driven resource allocation methodologies that support the Universitys clinical educational and research priorities.
Partner with executive leadership to evaluate and align compensation funding and investment strategies with organizational performance objectives financial sustainability goals workforce plans and evolving healthcare delivery models.
Establish and maintain enterprise governance processes policies controls and decision-making frameworks for physician and faculty compensation ensuring consistency accountability transparency and sound stewardship of institutional resources.
Serve as the institutional subject matter expert and executive advisor regarding Fair Market Value (FMV) Commercial Reasonableness Stark Law Anti-Kickback Statute requirements tax-exempt organization regulations and other compensation-related regulatory and compliance matters.
Provide executive oversight of compensation risk management activities including regulatory reviews audits due diligence assessments compliance monitoring valuation reviews governance committee support and implementation of internal controls designed to mitigate organizational risk.
Lead the development and execution of an enterprise compensation analytics and market intelligence strategy that leverages benchmarking workforce analytics productivity measures financial modeling and predictive insights to support executive decision-making and organizational planning.
Evaluate compensation competitiveness incentive effectiveness internal equity affordability workforce trends market opportunities and emerging risks translating complex data and analyses into strategic recommendations for senior leadership governing bodies and key stakeholders.
Serve as a trusted advisor to the Dean Chief Executive Officer Chief Financial Officer Chief Human Resources Officer Chief Medical Officer department chairs faculty leaders and governing committees on physician and faculty compensation strategy financial alignment workforce planning and organizational design.
Lead and develop a high-performing physician and faculty compensation function that delivers strategic consultation governance oversight analytical excellence operational effectiveness and exceptional stakeholder partnership across the enterprise.
Guide enterprise recruitment retention succession planning leadership appointment and talent acquisition strategies by developing innovative compensation solutions that strengthen the organizations ability to attract retain and reward highly accomplished physicians faculty members researchers and academic leaders.
Champion innovation continuous improvement and leading practices in physician and faculty compensation by monitoring industry trends evolving reimbursement models academic medicine developments healthcare workforce dynamics and emerging compensation methodologies to ensure organizational readiness and long-term success.
This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.
Core Qualifications
Education:
Bachelors degree in Human Resources Business Administration Finance Economics Healthcare Administration or related field required.
Experience:
Minimum ten (10) years of leadership experience in physician and/or faculty compensation within an academic medical center health system medical school faculty practice plan or similarly complex organization.
Demonstrated executive leadership responsibility for physician compensation strategy governance and program design.
Significant experience developing compensation models that incorporate productivity quality research education leadership and strategic performance metrics.
Experience advising executive leadership governing boards compensation committees physician leaders and academic leadership.
Demonstrated success leading enterprise-wide transformation initiatives and managing highly sensitive and confidential compensation matters.
Knowledge Skills and Abilities:
- Strategic Leadership - Ability to establish and execute long-term compensation strategies that advance organizational priorities and institutional performance.
- Academic Medicine Expertise - Deep understanding of physician and faculty compensation healthcare economics faculty practice plans academic funding structures and market dynamics.
- Governance & Compliance - Expert knowledge of compensation governance FMV Commercial Reasonableness Stark Law Anti-Kickback Statute and tax-exempt organization requirements.
- Financial Acumen - Advanced understanding of healthcare finance physician economics funds flow methodologies compensation modeling workforce planning and financial stewardship.
- Executive Influence - Demonstrated ability to influence executive leaders through thoughtful consultation analytics strategic insight and trusted relationships.
- Analytics & Decision Support - Exceptional ability to interpret complex data and translate findings into clear actionable recommendations.
- Change Leadership - Proven ability to lead enterprise-wide transformation initiatives and drive organizational change in complex environments.
- Communication & Executive Presence - Exceptional verbal written and presentation skills with the ability to effectively communicate highly complex compensation concepts to executive leaders physician leaders faculty and governing bodies.
- Relationship Management - Ability to build strong partnerships and foster collaboration across diverse stakeholder groups.
- Judgment & Integrity - Demonstrated discretion sound judgment confidentiality and commitment to ethical compensation practices.
This is a core job profile description and is not reflective of all duties that may be assigned to a specific position in each individual department. The above statements are intended to describe the general nature and primary responsibilities of this core job profile. Specific duties and tasks may vary based upon departmental needs. Other duties may be assigned to the above consistent with the knowledge skills and abilities required for the job.
The University of Miami offers competitive salaries and a comprehensive benefits package including medical dental tuition remission and more.
UHealth-University of Miami Health System South Floridas only university-based health system provides leading-edge patient care powered by the ground breaking research and medical education at the Miller School of Medicine. As an academic medical center we are proud to serve South Florida Latin America and the Caribbean. Our physicians represent more than 100 specialties and sub-specialties and have more than one million patient encounters each year. Our tradition of excellence has earned worldwide recognition for outstanding teaching research and patient care. Were the challenge youve been looking for.
The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law.
Job Status:
Full timeEmployee Type:
StaffRequired Experience:
Exec
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