Associate Director/Director - Compensation

Location
Tarrytown, New York
Posted
Apr 19, 2018
Ref
11512BR
Discipline
Administration, Finance
Required Education
Bachelors Degree
Position Type
Full time
Position Summary

Known for its scientific and operational excellence, Regeneron is a leading science-based biopharmaceutical company that discovers, invents, develops, manufactures, and commercializes medicines for the treatment of serious medical conditions. Regeneron commercializes medicines for eye diseases, high LDL-cholesterol, atopic dermatitis and a rare inflammatory condition and has product candidates in development in other areas of high unmet medical need, including rheumatoid arthritis, asthma, pain, cancer and infectious diseases.

Works with senior managers in order to establish strategic direction and objectives for the company's various compensation plans. Responsible for designing, developing, and administering compensation plans(s), policies and procedures. Also, acts as a gate keeper to all Sales Compensation Plans and helps to drive overall Company Total Rewards Philosophy into these plans. Help drive the modifications to the plans to align with Regeneron's objectives.

JOB DUTIES:
• Design, develop, and implement compensation strategy, plans, & policies
• Collaborate with leadership teams to ensure compensation plans and incentive plans are aligned
• Work with Incentive Compensation Teams to review and update incentive plans
• Conducts analysis in order to assess the effectiveness of our sales compensation plans and provide key metrics to senior management on a regular basis.
• In conjunction with Corporate Compensation, ensure sales programs are designed and developed to align to Regeneron's overall compensation philosophy and practices
• Responsible for assessing and maintaining the overall competitiveness of the company's compensation and incentive programs
• Manage and lead the compensation planning cycle and incentive compensation review process
• In collaboration with HR and Sales Leadership, ensure all compensation timelines, budgets, plans designs, reporting and communications are aligned and agreed to by stakeholders
• Partner with HRBPs, Commercial Training, and Field Force Effectiveness partners to develop and distribute training, presentations, and other materials for compensation programs
• Ensure effective project management and timely delivery on all compensation programs
• Understand success metrics and be able to report, track, and identify plans(s) of action
• Conducts and participates in compensation surveys to apply best practice in compensation principles and to provide customized compensation solutions designed to support business, teams and leadership strategies
• May be responsible for designing, developing and implementing other special field-based compensation programs and supporting special incentive programs (e.g. quarterly kicker and Annual President's plans, etc)
• Work with Corporate Legal department to ensure overall legal compliance of all programs and activities

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JOB REQUIREMENTS:
  • Requires minimum BA/BS degree, relevant advanced degree preferred as well as 10+ years of "progressive" industry/relevant experience in the biotech/pharma industry.
  • SME with regard to Compensation design
  • Experience managing compensation and organizational issues within a Commercial organization
  • Knowledge of all compliance regulations, including state and federal laws, which may apply to sales compensation plans.
  • Strong customer orientation, attention to detail, problem analysis and problem resolution, process improvement.
  • Strong mathematical aptitude, excellent analytical skills, and the ability to communicate effectively, orally, and in writing are also required.
  • Strong interpersonal skills in dealing with top management.
  • Must have effective management and people skills.
  • High performance teams and a strong team's player.
  • Computer proficiency: Word, Excel, and PowerPoint.
  • Knowledge of HRIS systems, Experience working in Biotech or Pharmaceutical industries, with newly launched products, highly preferred.


This is an opportunity to join our select team that is already leading the way in the Pharmaceutical/Biotech industry. Apply today and learn more about Regeneron's unwavering commitment to combining good science & good business.

To all agencies: Please, no phone calls or emails to any employee of Regeneron about this opening. All resumes submitted by search firms/employment agencies to any employee at Regeneron via-email, the internet or in any form and/or method will be deemed the sole property of Regeneron, unless such search firms/employment agencies were engaged by Regeneron for this position and a valid agreement with Regeneron is in place. In the event a candidate who was submitted outside of the Regeneron agency engagement process is hired, no fee or payment of any kind will be paid.

Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.

Requisition Number: 11512BR