[Remote] Senior Manager, Total Rewards at Alma

United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Mental HealthIndustries

Requirements

7+ years of experience in compensation, with at least 3 years in a senior analyst or program manager role
Proven ability to translate data into business insights
Expert proficiency in Microsoft Excel (modeling, pivot tables, advanced formulas)
Familiarity with Power BI or other analytics platforms
Exposure to benefits and well-being programs, with the ability to connect compensation decisions to the broader employee value proposition
HRIS experience for administering compensation programs
Experience in administering equity compensation (e.g., stock options, RSUs), including plan design and benchmarking
Understanding of pay transparency regulations (e.g., California, New York) and EEO reporting requirements

Responsibilities

Develop, maintain, and evolve compensation structures, pay bands, and incentive programs
Conduct competitive benchmarking using tools like Radford/Pave to ensure market alignment
Partner with HRBPs and business leaders to provide guidance on compensation decisions
Lead compensation program budgeting, accruals, forecasting, and cost modeling
Lead deep-dive analytics on utilization, compa-ratios, pay equity, and program effectiveness
Build dashboards and reporting in Excel, Power BI, or other visualization tools
Translate complex data into actionable insights for executive leadership
Work alongside benefits teams to understand how health, wellness, retirement, and other programs complement compensation
Articulate how compensation interacts with broader Total Rewards elements (benefits, recognition, well-being, time-off policies) to deliver a compelling EVP
Support HRIS integrations for compensation, performance, and rewards processes
Identify opportunities to streamline workflows through automation
Bring forward innovative ideas for Total Rewards design
Stay ahead of trends in AI, analytics, and compensation tech, and apply new tools and methodologies
Propose strategies that balance market competitiveness, equity, and fiscal responsibility
Manage critical work streams while partnering with multiple stakeholders such as finance, legal, talent acquisition, and business leaders

Skills

Key technologies and capabilities for this role

Compensation DesignPay BandsIncentive ProgramsCompetitive BenchmarkingRadfordPaveCompensation BudgetingAccrualsForecastingCost ModelingPay Equity AnalysisCompa-ratiosExcelPower BIDashboardsHRIS

Questions & Answers

Common questions about this position

What are the main responsibilities in compensation design for this role?

The role involves developing and maintaining compensation structures, pay bands, and incentive programs, conducting competitive benchmarking using tools like Radford/Pave, partnering with HRBPs and leaders on decisions, and leading budgeting, accruals, forecasting, and cost modeling.

What analytics skills are required for this position?

The role requires leading deep-dive analytics on utilization, compa-ratios, pay equity, and program effectiveness, building dashboards in Excel, Power BI, or other tools, and translating data into actionable insights for executives.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for the Senior Manager, Total Rewards role?

This information is not specified in the job description.

What makes a strong candidate for this Total Rewards role?

A strong candidate is innovative, highly proficient with analytics tools, excited about AI and emerging technologies, analytical with expertise in compensation, and able to bring thought leadership while balancing competitiveness, equity, and fiscal responsibility.

Alma

Digital platform connecting clients with therapists

About Alma

Alma connects individuals seeking mental health services with a variety of therapists through its digital platform, helloalma.com. The platform primarily serves clients looking for therapy for issues like anxiety, depression, personal growth, and relationship challenges. Alma's approach focuses on making therapy more affordable by partnering with insurance companies, allowing clients to save an average of 77% on therapy costs. This affordability is a key aspect that sets Alma apart from other mental health services. Additionally, Alma supports therapists by offering resources for continuing education and professional development, ensuring they are well-prepared to assist their clients. The company emphasizes the importance of the client-therapist relationship, aiming to match clients with therapists who best meet their individual needs. Alma operates on a membership model, where therapists pay a fee to access the platform's resources and client base.

New York City, New YorkHeadquarters

2018Year Founded

$214.5MTotal Funding

SERIES_DCompany Stage

HealthcareIndustries

1,001-5,000Employees

Benefits

Remote Work Options

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Wellness Program

Home Office Stipend

Parental Leave

Paid Holidays

Unlimited Paid Time Off

Risks

Increased competition from platforms like Headway and SonderMind could impact Alma's market share.

Rapid expansion to 8,000 providers may challenge service quality and support.

Regulatory changes in telehealth reimbursement policies could affect Alma's business model.

Differentiation

Alma partners with insurance companies to make therapy more affordable for clients.

The platform offers a comprehensive suite of tools for therapists, including scheduling and billing.

Alma emphasizes client-therapist matching to ensure personalized and effective therapy sessions.

Upsides

Alma raised $130 million in Series D funding to expand its platform and services.

The decreasing stigma around mental health is increasing demand for Alma's services.

Alma's integration of AI can enhance client-matching algorithms and service delivery.

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