Director of Total Rewards

Imagine if you had the skills, knowledge, and teammates to both understand the root of the world’s most pressing problems and build the technologies and companies best positioned to solve them. RA Capital has done exactly that for more than two decades, backing bold ideas in medicines to further human health and now expanding into Planetary Health to improve how efficiently we utilize the world’s precious resources. RA Capital is among the leading providers of capital and services to the most promising innovators in the world. We invest flexibly—seed to IPO and beyond, anywhere in the world—with $10 B+ under management and a culture that prizes curiosity, rigor, and collaborative debate. We are investors who not only fund companies but get elbow deep in building them. From helping them recruit talent to helping them recruit patients for their studies to helping match them to strategic partners and even going to Washington to win reforms, RA Capital’s large team has people with nearly every relevant expertise one might need to turn an idea into a cure that actually helps people. If you live for first-principles problem-solving with great colleagues, thrive on complexity, and want to do meaningful work that ripples across industries and ecosystems, you’ll feel at home at RA Capital. Here, questions are welcomed, ideas are tested, and victories are shared. Even our lawyers are creative and engaging. And don’t get us started on our compliance team’s wicked sense of humor; nothing about what we do is boring. Are you ready to bring your creativity, discipline and collaborative spirit to help us invent the future? Join us and you’ll collaborate daily with investors, founders, physicians, biologists, engineers, economists, and reform advocates who think in systems and act with urgency. Join us to invent a happier, healthier, more productive future - and have fun doing it. About the Role We are looking for a Director, Total Rewards to lead compensation and benefits strategy and execution across our two organizations — RA Capital Management (RACM) and our incubator, RAven. This is a high-impact, dual-focused role that is both strategic and hands-on, sitting at the intersection of people strategy and business performance. Reporting to the Chief People Officer, you will design and deliver a comprehensive Total Rewards program that is competitive, equitable, and aligned with our business goals. You will work closely with senior HR and business leaders across both organizations and manage a direct report. What You'll Do Total Rewards Strategy Develop and implement a global Total Rewards strategy that supports RACM and RAven’s business objectives and promotes a competitive, equitable compensation and benefits framework. Serve as the firm's subject matter expert on compensation and benefits trends, regulatory changes, and industry best practices. Compensation Design, implement, and administer competitive, performance-driven compensation programs that attract and retain top talent. Partner with the CPO, HRBP, and VP HR & Operations to conduct job evaluations and market pricing, ensuring appropriate compensation levels and pay equity across the organization. Manage mid-year and year-end compensation cycles in coordination with the CPO, CFO, and HRBP. Participate in compensation and benefits surveys, compiling and submitting all required company data. Oversee payroll administration, ensuring accuracy in coordination with the CFO. Benefits Lead the design, management, and communication of benefits programs — including health, wellness, leave, and recognition — ensuring alignment with best practices and compliance with applicable regulations. Own the annual benefits renewal process, including vendor evaluation and selection, balancing cost and employee value. Manage the full open enrollment cycle, from planning and communications through systems configuration, launch, and post-enrollment activities. Oversee all leave of absence programs and serve as a go-to resource for employee benefits questions. Ensure compliance with all local, state, and federal requirements, including required notices, non-discrimination testing, and periodic plan audits. Partner with the COBRA Administrator to ensure accurate and timely notifications for new hires and departing employees. Engagement & Recognition Partner with senior leaders to develop and implement employee recognition and rewards programs that drive engagement and reinforce a high-performance culture. Lead the annual employee engagement survey, synthesizing results to inform program strategy and improvements. Analytics & Reporting Build and maintain dashboards to track compensation, benefits, and engagement metrics — identifying trends and delivering actionable insights to senior stakeholders. Leadership Manage and mentor 1–2 direct reports, fostering their professional growth and building capability within the HR team. Collaborate with the CPO, CFO, VP HR & Operations at RAven, , to ensure Total Rewards programs are integrated into the firm's broader people strategy. What We're Looking For 10+ years of progressive experience in compensation, benefits, or total rewards, with demonstrated experience in a senior or lead role. Bachelor’s degree in human resources, business, or a related field; CCP or CEBS certification a plus. Strong analytical skills with the ability to translate data into clear recommendations. Experience managing benefits programs and compensation cycles end-to-end. Familiarity with federal and state regulatory requirements governing compensation and benefits. Excellent communication and stakeholder management skills; comfortable partnering with C-suite leaders. Experience supporting multiple business units or organizations is a plus. Strong Excel modeling skills Experience with Google Suite and Rippling Ability to thrive in a small, dynamic team environment that values collaboration, curiosity, and a good sense of humor. Desire to contribute to a workplace that balances professionalism with having fun. Comfortable operating in a fast-paced, intellectually rigorous environment that values curiosity and precision Key Requirements: Must be based in the Greater Boston area Must be willing to work on a hybrid schedule out of our Boston based office Must be authorized to work in the United States without any sponsorship Compensation RA Capital Management is committed to fair and equitable compensation practices. Pay for this position will be based on experience, skills, qualifications, and current market conditions. In addition to base salary (listed below), employees may be eligible for performance-based bonuses and a comprehensive benefits package that includes health insurance, retirement contributions, and paid time off. Total Rewards We take pride in offering a comprehensive employee benefits program as a key part of overall compensation. Our Total Rewards include: Employer-paid monthly premiums for health, dental, and vision coverage Wellness benefits and programs to support physical and mental well-being Resources and perks that enhance work-life balance and financial security We’re dedicated to helping our employees thrive professionally and personally. Massachusetts base pay range $190,000 — $250,000 USD ​RA Capital is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you require an accommodation during the interview process, please reach out to [email protected] for assistance.