Senior Compensation Manager, Virta Health
$146.4-172.3k
+ Equity
More information about location
Diabetes reversal treatment
Job no longer available
Diabetes reversal treatment
501-1000 employees
Job no longer available
$146.4-172.3k
+ Equity
More information about location
501-1000 employees
Company mission
To reverse diabetes and obesity in one billion people.
Role
Who you are
- Bachelor’s degree in Human Resources, Business, Finance, or related field; Master’s degree or professional certification (e.g., CCP, GRP) is preferred
- 6 + years of experience in compensation, preferably in a high-growth or tech environment
- Strong understanding of compensation, equity programs, and the regulatory environment of private and public companies
- Experience with market data analysis, job evaluation, and maintaining salary structures, including exposure to incentive and equity programs
- Proficient in compensation tools and technologies (e.g., ADP, Workday, Pave, etc.)
- Strong business acumen, analytical skills, and the ability to translate data into actionable insights
- Excellent interpersonal and communication skills, with the ability to present complex information clearly to senior leadership and stakeholders
- Ability to manage multiple projects simultaneously and autonomously in a fast-paced environment
What the job involves
- As the Senior Manager, Compensation & Analytics, you’ll be a key architect of our compensation programs and the insights that drive them
- You'll own the design and execution of equitable, competitive, and scalable compensation strategies across the company—while also building and maintaining the analytics foundation that informs key People decisions
- This role blends technical skill and strategic thinking, and will work cross-functionally with our HRBPs, Finance, Talent, and senior leadership to ensure our people practices attract, retain, and motivate top talent
- Design, implement, and manage compensation programs, including base pay, bonus/incentive plans, and equity (as applicable)
- Lead compensation cycles (e.g., merit, promotion, market adjustments), partnering with HRBPs, Talent, and Finance
- Benchmark roles against market data to maintain competitive and equitable pay practices
- Serve as the go-to expert on compensation philosophy, job leveling, and pay transparency
- Ensure compensation practices align with our culture and values
- Deliver data-driven insights and recommendations on topics like pay equity, engagement, turnover, performance and other organizational health indicators
- Provide board- and executive-level guidance with clear and compelling analysis of our people data
- Support workforce planning, budgeting, and strategic people planning with data modeling and scenario analysis
- Collaborate with Talent Acquisition on offers and compensation guidance for new hires
- Partner with Legal and Finance to ensure compensation practices are compliant, auditable, and fiscally aligned
- Lead special projects such as job architecture, pay equity reviews, or compensation training for managers
- 90 Day Plan
- Within your first 90 days at Virta, we expect you will do the following:
- Establish yourself as a trusted partner by initiating meetings with key business leaders and HR partners to understand their compensation-related needs and pain points
- Run our midyear promotion cycle, analyzing and preparing compensation resources and guidance to leaders
- Bring together the data from the different parts of the people team to drive actions which improve business performance
- Work with our HR Data Analyst to review and provide insight into ad hoc requests for analysis, guidance and data as well as required internal or external reporting
- Review the People team’s annual roadmap and identify where systems and data play a critical role and propose opportunities to uplevel both
Our take
Much of the care for type 2 diabetes has been based on control and prevention, rather than a direct reversal of the issue. Virta Health is changing that, providing patients with personalized treatment plans, virtual monitoring and patient care.
Instead of depending upon medication, which often needs to be increased over time, the company is tackling the problem at its root and taking a fundamentally different approach that is better for the patient, and more economical for insurers. Among enrolled patients in its clinical trial at one year, 60% achieved diabetes reversal.
While platforms like Vida Health also serve similar markets, the large number of prediabetic (88M) and diabetic (30M) Americans presents a significant opportunity for growth. Along with its significant funding round in 2021 fueling its efforts to expand the reach of its telehealth-powered diabetes reversal treatment. Positioning the company for widespread adoption and continued success in addressing this critical healthcare challenge.
Steph
Company Specialist at Welcome to the Jungle
Insights
4% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$133m
SERIES E
Dec 2020
$65m
SERIES D
Total funding: $373m
Company benefits
- Remote-first work environment with ability to work from home
- Flexible work hours & time off policy
- Virta pays 99% of all employee health insurance premiums, and 75% for all dependents
- Up to 16 weeks paid parental leave
- Enroll in the Virta treatment for free and give a discount to friends and family
- Internet, home office, learning & development stipends
- Employee Resource Groups like Parents of Virta, Ladies of Virta, and Virtans for DEI
- 401K and ROTH contribution opportunities
Company HQ
Civic Center, Denver, CO
Leadership
Sami Inkinen
(Co-Founder & CEO)Worked on Microsoft’s strategy team for MS Office, and as a consultant for McKinsey & Company within the software, telecommunications, and government sectors. Co-founder of online real estate marketplace Trulia, serving as its COO until its IPO and eventual sale to Zillow Group.
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