VP Total Rewards

Remote

Apply with AI Apply

$240,000 – $275,000Compensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Health Tech, HealthcareIndustries

Requirements

Candidates should possess extensive experience in compensation and benefits strategy, particularly in high-growth environments. A background in both private and public company practices is essential, along with strong leadership skills to mentor a team of total rewards professionals. A strategic mindset and the ability to leverage data analytics for decision-making are also required.

Responsibilities

The Vice President of Total Rewards will redesign and implement a compensation strategy that aligns with business objectives and supports a high-performance culture. They will lead the administration of executive compensation programs, develop strategies for equity and long-term incentives, and evaluate benefits offerings for a diverse workforce. Compliance with regulations during the transition to a public company is crucial, as is mentoring the Total Rewards team. The VP will collaborate cross-functionally with Finance and Legal, leverage analytics for insights, and drive educational initiatives to enhance employee understanding of the total rewards package.

Skills

Compensation Strategy

Executive Compensation

Equity

Long-Term Incentives

Benefits Optimization

Market Benchmarking

IPO

High-Growth Environments

Virta Health

Reverses type 2 diabetes through personalized care

About Virta Health

Virta Health focuses on reversing type 2 diabetes through a combination of personalized nutrition, continuous remote care, and behavioral science. Their treatment is designed for individuals diagnosed with type 2 diabetes, healthcare providers, and enterprise partners like employers and health plans. Unlike many competitors, Virta Health operates on a performance-based model, meaning they only receive payment if they achieve successful outcomes for their patients. This aligns their financial incentives with patient health improvements. The company's goal is to reverse type 2 diabetes in 100 million people, making their approach not just about managing diabetes but actively working towards its reversal.

Denver, ColoradoHeadquarters

2014Year Founded

$362.8MTotal Funding

SERIES_ECompany Stage

Biotechnology, HealthcareIndustries

501-1,000Employees

Benefits

Remote-first work environment

Flexible work hours & time off policy

Health insurance

Paid parental leave

Free Virta treatment & family discount

Internet, home office, learning & development stipends

Employee resource groups

401K & ROTH contribution

Risks

Increased competition in diabetes reversal could threaten Virta's market share.

Rising popularity of GLP-1 medications may divert clients from Virta's approach.

Regulatory changes in GLP-1 prescriptions could impact Virta's business model.

Differentiation

Virta Health offers a medication-free approach to reversing type 2 diabetes.

Their performance-based model aligns financial incentives with patient outcomes.

Virta's continuous remote care platform provides personalized nutrition and behavioral support.

Upsides

Virta Health has achieved over $100M in annualized revenue with sustainable weight loss solutions.

Partnerships with major payers like U-Haul enhance Virta's market reach and credibility.

Growing skepticism about GLP-1 medications boosts demand for Virta's alternative treatments.

Land your dream remote job 3x faster with AI

Try Jobo Free