Associate/Analyst Benefits & Compliance

Boston, Massachusetts

Inozyme Pharma
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Position Overview:

We are seeking a highly motivated and experienced Associate, Benefits and HR Compliance, (Compensation experience a+) to join our dynamic organization. The ideal candidate will have a strong background in benefits administration, data analysis, and compliance management, with specific experience in life biotechnology, or other areas of the pharmaceutical sector. This role will be essential in ensuring our metrics are credible and our benefits programs are competitive, compliant with regulations, and aligned with organizational goals.

Reporting Relationship: This person will report to the SVP & Chief People Officer

About Inozyme Pharma:

Inozyme Pharma is a pioneering clinical-stage biopharmaceutical company dedicated to developing innovative therapeutics for rare diseases that affect bone health and blood vessel function. We are experts in the PPi-Adenosine Pathway, where the ENPP1 enzyme generates inorganic pyrophosphate (PPi), which regulates mineralization, and adenosine, which controls intimal proliferation (the overgrowth of smooth muscle cells inside blood vessels). Disruptions in this pathway impact the levels of these molecules, leading to severe musculoskeletal, cardiovascular, and neurological conditions, including ENPP1 Deficiency, ABCC6 Deficiency, calciphylaxis, and ossification of the posterior longitudinal ligament (OPLL).

Our lead candidate, INZ-701, is an ENPP1 Fc fusion protein enzyme replacement therapy (ERT) designed to increase PPi and adenosine, enabling the potential treatment of multiple diseases caused by deficiencies in these molecules. It is currently in clinical development for the treatment of ENPP1 Deficiency, ABCC6 Deficiency, and calciphylaxis. By targeting the PPi-Adenosine Pathway, INZ-701 aims to correct pathological mineralization and intimal proliferation, addressing the significant morbidity and mortality in these devastating diseases.

Essential Duties and Responsibilities:

Benefits Administration:

  • Oversee the design, implementation, and management of employee benefits programs, including health, dental, retirement plans, and other employee perks.
  • Evaluate and recommend enhancements to benefit offerings based on industry trends, employee feedback, and budget considerations.
  • Ensure benefits programs comply with applicable laws and regulations.

Compliance Oversight:

  • Ensure compliance with federal, state, and local labor laws and regulations related to compensation and benefits.
  • Stay updated on legal and regulatory changes affecting employee benefits and compensation, and communicate implications to management.
  • Prepare and submit required reports and documentation to relevant regulatory agencies.

Policy Development and Implementation (own the EE Handbook):

  • Develop, update, and implement HR policies and procedures related to compensation and benefits.
  • Provide guidance and support to HR staff and management regarding compliance and benefits-related inquiries.

Cross-Departmental Collaboration:

  • Work closely with finance, legal, and other departments to analyze trends and ensure alignment with organizational financial goals.
  • Collaborate with recruiting and talent management teams to integrate benefits (and compensation) strategies into talent acquisition and retention efforts.

Employee Engagement and Communication:

  • Develop communication strategies to inform employees of benefits programs +.
  • Conduct training sessions and workshops on key compliance and benefits changes to enhance employee understanding and engagement.

Educational Qualifications: Bachelor's degree in Human Resources, Business Administration, or related field; Master's degree or HR certification (e.g., SHRM-CP, CCP) a +.

Additional Qualifications:

  • Minimum of 5 years of experience in benefits/compensation, and compliance roles, preferably within the life sciences, biotech, or pharmaceutical industries.
  • Expert knowledge of federal and state labor laws, benefits regulations, and compensation best practices, with a willingness to research and stay abreast of changes and trends.
  • Exceptional analytical and problem-solving skills, with the ability to interpret complex data and make sound recommendations and informed decisions.
  • Excellent communication and interpersonal skills, with the ability to develop positive relationships at all levels of the organization.
  • Proficient in HRIS and compensation management software; advanced Excel skills preferred.
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Date Posted: 05 October 2024
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