Vice President, Global Total Rewards

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.

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.

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.

Attributes

• 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.

For US based candidates, the proposed salary band for this position is as follows:

$320,000.00---$480,000.00

The actual salary offer will carefully consider a wide range of factors, including your skills, qualifications, experience, and location. Also, certain positions are eligible for additional forms of compensation, such as discretionary bonuses and long-term incentives.

When you join Genmab, you’re joining a culture that supports your physical, financial, social, and emotional wellness. Within the first year, regular full-time U.S. employees are eligible for:

• 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

Further details on eligibility for compensation and benefits based on role will be provided during the recruitment process

About Genmab

Genmab is an international biotechnology company with a core purpose to improve the lives of patients through innovative and differentiated antibody therapeutics. For 25 years, its hard-working, innovative and collaborative team has invented next-generation antibody technology platforms and harnessed translational, quantitative and data sciences, resulting in a proprietary pipeline including bispecific T-cell engagers, antibody-drug conjugates, next-generation immune checkpoint modulators and effector function-enhanced antibodies. By 2030, Genmab’s vision is to transform the lives of people with cancer and other serious diseases with Knock-Your-Socks-Off (KYSO) antibody medicines.

Established in 1999, Genmab is headquartered in Copenhagen, Denmark with international presence across North America, Europe and Asia Pacific. For more information, please visit Genmab.com and follow us on LinkedIn and X .

Genmab is committed to protecting your personal data and privacy. Please see our privacy policy for handling your data in connection with your application on our website Job Applicant Privacy Notice (genmab.com) .

Please note that if you are applying for a position in the Netherlands, Genmab’s policy for all permanently budgeted hires in NL is initially to offer a fixed-term employment contract for a year, if the employee performs well and if the business conditions do not change, renewal for an indefinite term may be considered after the fixed-term employment contract.

Job Summary

Job number: R14803
Profession: Corporate Functions