Senior Manager of Total Rewards, Drata
$132-226k
Salary dependent on candidates location + Stock Options
Security and compliance automation
Be an early applicant
Security and compliance automation
501-1000 employees
Be an early applicant
$132-226k
Salary dependent on candidates location + Stock Options
501-1000 employees
Company mission
To help companies earn and keep the trust of their users, customers, partners, and prospects.
Role
Who you are
- 7+ years of relevant experience leading Total rewards for high-growth organizations experience in a SaaS B2B/B2C environment strongly preferred
- International compensation and benefits experience a plus
- Experience analyzing and developing cash and equity rewards targets in a private company environment
- Extensive experience with financial and rewards modeling
- Experience with stock options, RSUs and other equity vehicles
- Proven ability to analyze people-centric data
- Experience interacting with all levels of the organization, including senior leaders
- Prior experience in a high-growth, fast-paced tech or SaaS environment strongly preferred
What the job involves
- We’re looking for a Senior Manager of Total Rewards with a focus on employee benefits strategy, design, and execution to help us deliver innovative, competitive, and scalable total rewards programs globally
- In this role you will work to identify, design, and develop comprehensive Compensation and Total Rewards strategies to support Drata’s current and future growth.
- This is an exciting opportunity for someone who enjoys building a competitive total rewards program from the ground up, and thrives in a strategic high growth environment.
- As a high-growth SaaS company, we move fast, think big, and never settle for the status quo.
- Our people are our competitive edge, and we’re committed to building a world-class employee experience that scales with our rapid growth
- Lead benefits strategy and execution for our global workforce, ensuring programs are competitive, compliant, cost-effective, and aligned with our company values and growth objectives
- Partner with executive leadership and external consultants to design and implement scalable benefits programs across medical, dental, vision, wellness, time off, retirement, and voluntary offerings
- Drive annual benefits renewal, open enrollment, and vendor RFP processes, negotiating with providers and ensuring optimal pricing and service delivery
- Manage relationships with brokers, insurers, TPAs, and other vendors to ensure high-quality employee experience and ongoing service excellence
- Lead benefits compliance activities (ACA, ERISA, HIPAA, COBRA, 5500 filings, etc.) in collaboration with Legal and Finance
- Analyze market data and internal benchmarks to develop forward-looking recommendations for evolving our benefits strategy across regions
- Partner with internal communications and HRBPs to deliver clear, engaging education and communication campaigns around benefits programs
- Drive wellness and wellbeing strategy, ensuring it supports productivity, retention, and employee engagement
- Support global expansion efforts with benefits due diligence, integration, and localization strategies
- Collaborates on communication strategies and activities designed to educate and inform employees about total rewards
- Determines and implements metrics that assess and monitor the effectiveness of total rewards initiatives
- Develops and communicates the organization’s total rewards strategy as it relates to base salary, variable pay, equity, benefits (health and welfare, COBRA, 401k), associate recognition and work/life components (PTO/VTO), Leads and manages the annual merit cycle, to include an executive roll up and summary
- Directs the overall benefit annual enrollment process, strategy/analysis and required annual compliance filings, audits (including 401k) and compliance notifications with vendor support
Our take
Traditional manual compliance workflows are tedious, error-prone and extremely hard to scale, which presents special difficulties for rapidly growing companies in maintaining strong data security. Drata enables companies to manage compliance easily, by automatic monitoring and evidence collection, building a single picture of risk across the company.
The company has several competitors offering compliance automation solutions, including Vanta and Secureframe , but Drata is unique in automating the tasks themselves rather than generating notifications for teams to action. This approach has garnered Drata a client base of thousands of companies including bambooHR, Notion and Abnormal.
Drata has grown swiftly since its 2020 founding. Iconiq Growth and GGV Capital have led Drata's impressive funding rounds. It intends to use its influx of cash to invest heavily in research and development, and to roll out new features for auditors and startups.
Freddie
Company Specialist at Welcome to the Jungle
Insights
90% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Dec 2022
$200m
SERIES C
Nov 2021
$100m
SERIES B
Total funding: $328.2m
Company benefits
- 100% coverage for medical, dental, and vision
- $500 annually towards personal development opportunities
- Unlimited vacation policy for strong, fully charged batteries
- Flexible hours and work from home (especially these days!)
- Reach your financial goals while reducing your taxes
- Pre-tax savings plans for healthcare and dependent care
- Work From Home Stipend
- Learning Enrichment Stipends
- 16 weeks fully-paid parental leave
- 401K Retirement Plan
Company HQ
University City, San Diego, CA
Leadership
Adam Markowitz
(CEO)Previously VP & GM at Instructure. Founder & former CEO of Portfolium. Has worked in Mechanical and Aerospace Engineering.
Daniel Marashlian
(CTO)Former Technical Advisory Board Member at the National University. Previously Senior Director Of Engineering at Instructure. Co-founded Portfolium and RapidEngage.
Troy Markowitz
(COO)Advisor at Knack and former Contributor to Forbes. Previously the VP of Strategy, Growth Markets at Instructure. Prior experience in Business Development.
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