Executive Director, Physician & Faculty Compensation

University of Miami; United States; On-site; USD 180,000 - 250,000; Full time

Benefits offered by this job

Competitive salary

Comprehensive benefits package

Tuition remission

Job summary

University of Miami is seeking a seasoned compensation strategy and governance leader to design, implement, and evaluate physician and faculty compensation models. The role partners with the Compensation Committee and executive leadership to align with institutional strategy and market practices.

The position collaborates with Compliance, Finance, HR, and Clinical Operations to ensure transparency, sound FMV analyses, and regulatory compliance, including Stark Law and IRS guidelines for

Qualifications

• Education: Bachelor’s degree required.
• Experience: Minimum 7 years of relevant experience required.

Responsibilities

• Leads compensation strategy and governance design and evaluation.
• Oversees market benchmarking and analytics to inform pay structures.
• Manages documentation, compliance, and internal controls for compensation programs.

Education

Bachelor’s degree

Job description

Core Job Functions

Compensation Strategy & Governance Leads the design, implementation, and ongoing evaluation of physician and faculty compensation models, including base salary, productivity incentives (e.g., wRVUs), quality metrics, and academic incentives. Partners with the Compensation Committee and executive leadership to ensure alignment with institutional strategy and market practices. Collaborates closely with Compliance, Finance, Human Resources, and Clinical Operations teams on compensation‑related matters. Builds strong relationships with academic and clinical leadership to ensure transparency and understanding of compensation models. Prepares and presents compensation analyses and recommendations to senior leadership and governing bodies. Ensures all compensation arrangements are supported by documented FMV and commercial reasonableness analyses. Maintains compliance with all applicable regulatory requirements, including Stark Law, Anti‑Kickback Statute, and IRS guidelines for tax‑exempt organizations. Establishes and monitors internal controls and audit processes related to physician and faculty compensation programs.

Market Benchmarking & Analytics

Oversees market benchmarking using national compensation surveys (e.g., MGMA, AAMC, Sullivan/Cotter) to inform compensation structures and pay decisions. Provides advanced analytics related to productivity (wRVUs), compensation per wRVU, collections, and performance trends by specialty and provider. Identifies emerging market trends and provides strategic recommendations to leadership. Partners with Department Chairs, Vice Chairs, and the Dean’s Office to develop and implement specialty‑specific compensation plans aligned with clinical, academic, and research expectations. Supports recruitment and retention efforts through development of competitive compensation packages, including start‑up funding and ramp‑up models. Provides historical performance and productivity data to inform recruitment and compensation plan design.

Financial Planning & Documentation

Oversees the administration and lifecycle management of all physician and faculty employment agreements, including initial contracts, amendments, and renewals. Ensures accurate and complete documentation of compensation terms, incentive plans, and supporting FMV analyses. Develops and manages compensation budget guidelines, including forecasting physician and faculty compensation costs based on productivity and growth projections. Supports business planning efforts through modeling of compensation scenarios and financial impact analyses.

Data/Systems Management & Reporting

Leads the development and standardization of compensation data infrastructure to ensure accuracy, consistency, and accessibility across departments. Oversees reporting frameworks and dashboards related to compensation, productivity, and financial performance. Ensures effective data governance and integration across systems supporting physician and faculty compensation. Defines business requirements and leads the implementation and ongoing enhancement of systems supporting physician compensation (e.g., reporting tools, compensation management systems). Oversees testing, validation, and maintenance of compensation‑related systems and reporting tools. Develops educational resources and training for leaders and staff on compensation programs and processes. Establishes and continuously assesses the effectiveness of the internal controls within the unit and compliance with University policies and procedures. Ensures employees are trained on controls within the function and on University policy and procedures.

This list of duties and responsibilities is not intended to be all‑inclusive and may be expanded to include other duties or responsibilities as necessary.

Core Qualifications

Education: Bachelor’s degree in relevant field required.

Experience: Minimum 7 years of relevant experience required.

Knowledge, Skills and Abilities: Strategic Alignment: Skilled in aligning departmental goals with enterprise‑wide strategy and develops comprehensive strategic plans. Financial Management: Ensures fiscal responsibility, and optimization of financial performance. Resource Management: Ability to allocate resources and drive innovation and growth. Adaptability: Proven ability to adjust to changes and leads/inspires transformational change. Team Leadership: Ability to build and lead high‑performing teams, manage complex projects, and ensure successful project delivery. Technology & Analytics: Understanding of technology, data analytics, and performance measurement to drive strategic decisions and identify opportunities. Communication: Ability to influence others, articulate strategic vision, and ensure clear and persuasive communication.

This is a core job profile description and is not reflective of all duties that may be assigned to a specific position in each individual department. The above statements are intended to describe the general nature and primary responsibilities of this core job profile. Specific duties and tasks may vary based upon departmental needs. Other duties may be assigned to the above consistent with the knowledge, skills, and abilities required for the job.

Benefits

• competitive salaries and a comprehensive benefits package including medical, dental, tuition remission and more.

Company Overview

The University of Miami offers competitive salaries and a comprehensive benefits package including medical, dental, tuition remission and more. UHealth‑University of Miami Health System, South Florida’s only university‑based health system, provides leading‑edge patient care powered by the groundbreaking research and medical education at the Miller School of Medicine. As an academic medical center, we are proud to serve South Florida, Latin America and the Caribbean. Our physicians represent more than 100 specialties and sub‑specialties, and have more than one million patient encounters each year. Our tradition of excellence has earned worldwide recognition for outstanding teaching, research and patient care. We’re the challenge you’ve been looking for.

Job Status

Job Status: Full time

Employee Type: Staff

The mission of the University of Miami is to transform lives through education, research, innovation, and service. A vibrant and diverse academic and healthcare community, the University of Miami and the University of Miami Health System (“UHealth”) have rapidly progressed to become one of the nation’s top research universities and academic medical centers in the nation. The University comprises 12 schools and colleges serving undergraduate and graduate students in more than 350 majors and programs. Visit welcome.miami.edu/about-um to learn more about our points of pride. The University ranks No. 55 on U.S. News & World Report’s 2022 Best Colleges list and ranked No. 49 in the 2022 Wall Street Journal/Times Higher Education College Rankings. Bascom Palmer Eye Institute is ranked the #1 eye hospital in the USA and offers some of the nation's premiere eye doctors to treat every eye condition for adults. Sylvester Comprehensive Cancer, part of the Miller School of Medicine, received the prestigious National Cancer Institute designation in 2019. The University of Miami and UHealth have also ranked among the Forbes Best Employers and Best Employers for Women on several occasions, most recently in 2022. With more than 17,000 faculty and staff, the University strives for excellence, and is driven by a powerful mission to transform and impact the lives of its students, patients, members of the community, and people across the globe.

The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law.

The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law.