Job Description
Come join our U.S Benefits team to impact our initiatives aimed at improving employee health care!
As a U.S. Benefits Design and Strategy Vice President on the U.S. Benefits Design and Strategy Team, you will be responsible for evaluating, implementing, measuring, and managing U.S. healthcare initiatives aimed at improving employee health care.
The JPMorgan Chase (JPMC) benefits program is one of the largest in the United States, serving as a cornerstone of our value proposition to attract and retain top talent. Our comprehensive programs include a range of healthcare and insurance offerings designed to support the well-being of our employees and their families, ensuring they have access to the best possible care and resources.
The JPMorgan Chase U.S. Benefits Design and Strategy team is responsible for evaluating, managing and implementing changes to various benefit programs (e.g., medical, dental, vision, 401(k), life insurance, long-term disability), monitoring plan performance, regulations and marketplace trends, and taking an active part in the design and implementation of the firm's overall wellness initiatives. The medical plan and wellness program is designed to meet the needs of over 180,000 U.S. employees and is recognized for its commitment to employee health and well-being. This is a full-time role based in Jersey City, NJ.
Job responsibilities :
- Managing the day-to-day operations of healthcare initiatives, which includes managing designated vendor(s) in areas such as product offerings, program administration, process changes, member experience/engagement, communications and escalated issues
- Developing and monitoring metrics for measuring ongoing performance and effectiveness of benefits offerings and initiatives, ensuring consistency in measurement methodologies and objective comparison of financial performance/metrics between vendors/programs
- Identifying areas for program enhancements; leading evaluations of ad hoc benefits offerings or program enhancements, which include conducting research and analysis, defining success measures, and preparing materials for senior management review and approval
- Managing deliverables across internal and external stakeholders; understanding reporting/financials; supporting risk/compliance work and plan audits; promoting operational excellence
- Working with the broader benefits team on developing and implementing innovative ways to engage employees in their overall well-being
- Monitoring healthcare trends and emerging employer healthcare innovation opportunities
- Partnering with internal stakeholders including benefits data analysis and reporting, administration, corporate strategy, customer service, communications, finance, HR technology, legal, IT security, sourcing and wellness teams
Required qualifications, capabilities, and skills :
- Strong understanding of the healthcare marketplace, along with a demonstrated track record of deep and thoughtful analysis of the healthcare marketplace, as it relates to large employer plans
- Minimum 10 years in corporate benefits, benefits consulting, or health plan/health insurance field
- Willingness and ability to innovate fresh and/or unique approaches and solutions
- Experience working in a strategic, analytical, or metric-driven position
- Ability to effectively lead and collaborate across internal and external stakeholders
- Ability to work in a fast-paced, time sensitive work environment, multi-task, work independently, meet deadlines, and manage multiple deliverables
- Strong and effective verbal and written communication skills, including strong presentation skills and project management skills, with a high level of attention to detail
- Bachelor's degree required
Preferred qualifications, capabilities, and skills :
- Large firm experience (50,000+ employees)
- Experience working in corporate benefits, with a particular focus on strategy and analytics, is strongly preferred
- Proficiency with self-insured actuarial/financial analysis is strongly preferred
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Human Resources plays a critical role in driving the employee experience, shaping the firm's culture and building a diverse and inclusive workforce. We are a strategic partner to the business - working with leaders across the firm to hire, develop and retain the best people and help meet business goals. Together, we foster a work environment in which our people are supported, feel like they belong and are able to make an impact through their work. We develop and deliver a suite of products and services that help make JPMorgan Chase an employer of choice and drive our business forward.
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What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.
Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
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Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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