In this role you will oversees the development, implementation, and maintenance of the company compensation and benefits programs, providing support and direction to Human Resources and the Business.
Who is Omeros?
Omeros is a commercial-stage biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market as well as orphan indications targeting inflammation, complement-mediated diseases and disorders of the central nervous system.
The company’s drug product OMIDRIA® (phenylephrine and ketorolac intraocular solution) 1% / 0.3% is marketed in the U.S. for use during cataract surgery or intraocular lens (IOL) replacement to maintain pupil size by preventing intraoperative miosis (pupil constriction) and to reduce postoperative ocular pain. In the European Union, the European Commission has approved OMIDRIA for use in cataract surgery and other IOL replacement procedures to maintain mydriasis (pupil dilation), prevent miosis (pupil constriction), and to reduce postoperative eye pain.
Omeros has multiple Phase 3 and Phase 2 clinical-stage development programs focused on: complement-associated thrombotic microangiopathies; complement-mediated glomerulonephropathies; Huntington’s disease and cognitive impairment; and addictive and compulsive disorders. In addition, Omeros has a diverse group of preclinical programs and a proprietary G protein-coupled receptor (GPCR) platform through which it controls 54 new GPCR drug targets and corresponding compounds, a number of which are in preclinical development. The company also exclusively possesses a novel antibody-generating platform.
What are your job responsibilities?
Develop and administer compensation policies and programs
Lead the review cycles of compensation programs including design, administration, distribution, communication, and training
Prepare compensation analyses and reporting for HR, Management and Executives
Manage and administer the salary structure, including slotting new positions and updating salary and stock ranges, etc.
Partnering with management and peers, development and implementation of career ladders
Conduct analyses of positions, base salaries and incentives to evaluate internal equity, external competitiveness and legal compliance of Omeros’s pay practices; determine appropriate market rates for jobs
Manage job matching and data submission processes for compensation surveys; analyze and utilize survey data results
Evaluate new positions, promotions, and reclassifications and recommend compensation elements for positions, including base and incentive pay, market range and placement within our salary grade/band structure
Research and monitor FLSA and EEOC compliance; evaluate and administer overall job levels, pay grades and market ranges company-wide
Health and Welfare Benefits
Responsible for leading the company healthcare plans including the annual benefit insurance renewal process, communication, enrollment, general administration, and COBRA compliance
Administer disability insurance policy and process disability claim applications for employees
Administer the company FSA, HAS, etc. insurance programs
Administer all leave-related programs (FMLA, Washington state paid family leave, medical leaves, etc.)
the annual healthcare open enrollment, be available to answer employee questions and provide “help desk” response
Responsible for auditing and approving benefit invoices resolving any billing/payment discrepancies as needed with the HRIS Administrator
Complete benefit surveys, analyzing and utilizing survey data results
Complete tax returns and audits as required
401K Plan administration including plan communication, enrollment, administration, testing, data, and reporting requirements of third-party administrator
Work with 401(k) Trustees on investment planning committee to monitor plan performance; communicate employee feedback regarding investment options
Schedule committee meetings with third party administrator
Create annual 401(k) education plans with company retirement plan advisor and schedule all education meetings for employees
Keep fiduciary file for the plan up to date with most current plan documents and meeting notes
Interface with Payroll on 401k changes made by employees
Coordinate all federal, state and local compliance, filings, reports, external audits, tax returns etc. related to the administration of employee benefits
What education and experience do you need?
BS degree and five plus years of experience in administering benefit and compensation programs
Knowledgeable in a variety of benefit programs and compensation theories
Up-to-date on compliance, benefits and compensation best practices, payroll, and benefits systems
Demonstrated ability to manage work flow and organize records
Excellent written and verbal communication skills; presentation skills
Excellent interpersonal skills
Demonstrated professional demeanor
Ability to work in a confidential environment
Intermediate/strong Microsoft Office suite, ADP and Oracle experience preferred
International experience a plus
Behavioral Competencies Required:
Ability to build and maintain positive relationships with --management, peers, and subordinates as well as external vendors
Ability to be proactive and work independently as well as within a team
Strong analytical and problem-solving skills
Physical Demands Required:
Intermittent physical activity including bending, reaching, pushing, pulling, or lifting to 25lbs.
May encounter prolonged periods of sitting
Omeros is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status such as race, religion, color, national origin, sex, age, marital status, or any other factor determined to be unlawful by federal, state, or local statutes.
It is our policy to provide reasonable accommodation to anyone with a disability who needs assistance completing the job application process. If you need assistance, you can either send an e-mail to firstname.lastname@example.org or contact Omeros, asking for Human Resources, at (206) 676-5000.