Sr. Benefits Manager

Compass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health. Headquartered in London, UK, with offices in New York City, we focus on developing novel treatments to improve the lives of those suffering from mental health conditions who are not helped by current treatments. We are pioneering a new paradigm with our investigational COMP360 synthetic psilocybin treatment, which has received Breakthrough Therapy designation from the FDA and Innovative Licensing and Access Pathway (ILAP) designation in the UK for treatment-resistant depression (TRD). We are currently in phase 3 trials for TRD and have completed phase 2 studies for PTSD and anorexia nervosa, with plans for further late-stage studies in PTSD.

About the role

Compass Pathways is seeking a Senior Benefits Manager to serve as the Company's U.S. lead benefits subject matter expert. This role oversees the administration, compliance, strategy, and continuous improvement of our U.S. benefits programs, including health and welfare benefits, leave administration, compliance, vendor relationships, and employee benefits experience. You will partner closely with People Operations, Payroll, Finance, Legal, external brokers, carriers, and third-party administrators to ensure our programs remain competitive, compliant, and operationally effective. Over time, the role will also develop familiarity with the Company's UK benefits programs to support knowledge sharing and a globally aligned benefits strategy.

Location: Jersey City, NJ or East Coast Remote (with some travel to the London office)
Reports to: Sr. Director People Operations

Responsibilities

• Manage U.S. health and welfare benefit programs, including medical, dental, vision, life, disability, and voluntary benefits.
• Support annual renewals, open enrollment, employee communications, and benefits administration activities.
• Serve as the primary subject matter expert for ACA, ERISA, HIPAA, COBRA, and FMLA.
• Act as the primary point of contact for employee benefits inquiries and escalated issues.
• Support employee questions related to the Company's 401(k) plan and work directly with the Plan’s recordkeeper to facilitate issue resolution.
• Manage relationships with brokers, carriers, third-party administrators, and benefits vendors.
• Support plan design discussions, benchmarking activities, and cost management initiatives.
• Complete benefits surveys and support benefits-related reporting and data requests.
• Partner with Payroll and HRIS teams to ensure accurate payroll deductions, eligibility administration, and benefits data integrations.
• Own the integrity of eligibility and enrollment files between payroll, HRIS, carriers, and vendors, proactively identifying and resolving discrepancies before they impact employees.
• Analyze benefits data and identify trends, risks, and opportunities to improve employee experience and operational effectiveness.
• Conduct root-cause analysis on recurring issues and implement sustainable solutions.
• Ensure employees receive timely, accurate, and practical guidance regarding benefits programs.

Requirements

• 8+ years of progressive U.S. benefits experience.
• Strong knowledge of health and welfare plans and benefits compliance.
• Deep understanding of ACA, ERISA, HIPAA, COBRA, and FMLA requirements.
• Experience managing benefits vendors, brokers, carriers, and third-party administrators.
• Experience supporting renewals, open enrollment, and plan design discussions.
• Strong understanding of payroll deductions, eligibility administration, and benefits data integrations.
• Experience working with HRIS, payroll, and benefits administration systems.
• Strong analytical, communication, and problem-solving skills.
• Experience in a high-growth or highly regulated environment preferred.
• Advanced Excel skills, including the ability to analyze benefits data, model costs, identify trends, and support renewal and budgeting decisions.

Benefits

For an overview of our benefits package and compensation information, please visit "Working at Compass".