Vice President, Global Total Rewards

The Role As Genmab continues its transformation into a fully integrated global biotech company, the Head of Total Rewards will architect a future-ready, technology-enabled global rewards strategy that aligns with our purpose, growth ambitions, and values.This leader will combine expertise in executive compensation, global scalability, and digital enablement to create a next-generation total rewards model—anchored in data, automation, and human experience. The role will also build the structures, systems, and shared-service capabilities needed to scale efficiently while maintaining governance, equity, and agility.The location is flexible across Genmab’s global hubs (Princeton, Copenhagen, Utrecht). We have a hybrid model that requires being onsite 60% of the time.ResponsibilitiesStrategic Design & Operating ModelDefine and lead the evolution of Genmab’s total rewards philosophy and structure to support a global, end-to-end biotech organization.Design a modern total rewards operating model that integrates regional teams, shared services, and centers of excellence for consistent global delivery.Drive process standardization and automation to improve quality, transparency, and efficiency.Lead a strategic compensation team responsible for developing forward-looking frameworks, tools, and analytics that enable proactive support to HR Business Partners, Talent, and other COE stakeholders.Ensure the Total Rewards function continuously evolves its offerings to meet the changing needs of a high-growth, science-driven organization.Executive Compensation & GovernanceServe as lead advisor to the Board’s Remuneration Committee on executive and equity compensation.Design performance-based and ESG-linked long-term incentive plans aligned with Genmab’s business strategy and culture.Ensure strong governance, compliance, and transparency in all executive pay matters.Bring external perspective and best-in-class practices to inform committee discussions and program evolution, ensuring Genmab remains competitive within the biotech and broader life sciences markets.Global Rewards Strategy & WellbeingOversee global compensation, benefits, recognition, and mobility programs that balance competitiveness, scalability, and inclusivity.Integrate skills-based pay, internal mobility, and evolving career architectures into the total rewards framework.Evolve wellbeing and flexibility offerings through technology and personalized employee experiences.Champion employee understanding and appreciation of Total Rewards by partnering with Communications and HR to create clear, engaging messaging that connects programs to our purpose, values, and “EVP”.Regularly assess market trends, benchmark data, and emerging innovations to identify opportunities for differentiation and continuous improvement.Technology, Automation & DataLead implementation of digital total rewards platforms and process automation across compensation, benefits, and equity administration.Establish robust analytics capabilities for pay equity, retention risk, and predictive modeling.Drive continuous improvement through data insights, benchmarking, and feedback loops.Leverage advanced analytics to generate actionable insights for business leaders, enabling data-driven decisions around talent retention, productivity, and performance outcomes.Governance & Continuous ImprovementStrengthen global governance structures and ensure alignment with regulatory, financial, and ethical standards.Create transparency and consistency through standardized processes, policies, and data.Build and mentor a global total rewards team with strong analytical and design skills.Requirements15+ years of experience in total rewards, with significant leadership in global, complex organizations.Deep expertise in executive compensation design, governance, and disclosure.Proven success implementing technology, analytics, and automation within HR or total rewards functions.Experience designing shared-service or center of excellence models across geographies.Strong understanding of compensation and benefits regulations across multiple markets.Exceptional ability to influence and communicate at the executive and Board level.Demonstrated success leading and developing global teams, fostering capability growth and functional excellence.Proven ability to translate external best practices and market intelligence into actionable strategies tailored to the biotech industry.AttributesVisionary leader who designs systems for long-term scalability.Digital innovator who applies automation and analytics to improve the employee experience.Trusted advisor who balances strategic foresight with operational excellence.Inclusive, globally minded leader who champions fairness and sustainability in rewards.For US based candidates, the proposed salary band for this position is as follows:$,.00---$,.00The actual salary offer will carefully consider a wide range of factors, including your skills, qualifications, experience, and location. Also, certain positions are eligible for additional forms of compensation, such as discretionary bonuses and long-term incentives. When you join Genmab, you’re joining a culture that supports your physical, financial, social, and emotional wellness. Within the first year, regular full-time U.S. employees are eligible for:(k) Plan: % match on the first 6% of contributionsHealth Benefits: Two medical plan options (including HDHP with HSA), dental, and vision insuranceVoluntary Plans: Critical illness, accident, and hospital indemnity insuranceTime Off: Paid vacation, sick leave, holidays, and 12 weeks of discretionary paid parental leaveSupport Resources: Access to child and adult backup care, family support programs, financial wellness tools, and emotional well-being supportAdditional Perks: Commuter benefits, tuition reimbursement, and a Lifestyle Spending Account for wellness and personal expenses About YouYou are genuinely passionate about our purposeYou bring precision and excellence to all that you doYou believe in our rooted-in-science approach to problem-solvingYou are a generous collaborator who can work in teams with a broad spectrum of backgroundsYou take pride in enabling the best work of others on the teamYou can grapple with the unknown and be innovativeYou have experience working in a fast-growing, dynamic company (or a strong desire to)You work hard and are not afraid to have a little fun while you do soLocationsGenmab maximizes the efficiency of an agile working environment, when possible, for the betterment of employee work-life balance. Our offices are crafted as open, community-based spaces that work to connect employees while being immersed in our powerful laboratories. Whether you’re in one of our office spaces or working remotely, we thrive on connecting with each other to innovate.