JPMorgan Chase
U.S. Benefits Design & Strategy, Vice President
JPMorgan Chase, Jersey City, New Jersey, United States, 07390
Overview
Come join our U.S Benefits team to impact our initiatives aimed at improving employee health care!
Responsibilities
As a U.S. Benefits Design and Strategy Vice President - Medical Benefits on the U.S. Benefits Design and Strategy Team, you will be responsible for managing programs within the U.S. Medical Plan, including overseeing vendor strategic management, plan administration, and enhancing employee experience, while ensuring seamless integration across multiple vendors.
Collaborate on plan design and enhancement of vendor programs, ensuring alignment with organizational goals and objectives.
Manage the day-to-day operations of the programs, including medical vendor management in areas such as plan administration, product offerings, process changes, clinical policy changes, digital/customer experience, member communications, network provider changes, wellness incentive administration, escalated issues, and HRA/FSA administration.
Track deliverables across internal and external stakeholders, understand plan reporting/financials, participate in risk/compliance work and plan audits, help manage the customer experience, and assist with driving operational excellence.
Evaluate and implement ad hoc benefits offerings or enhancements to the program, including conducting research and analyses, defining success measures, preparing materials for senior management review and approval, and developing communication materials.
Work with the broader benefits team on developing and implementing innovative ways to engage employees in their overall well-being.
Monitor healthcare trends and regulations; analyze plan usage.
Partner with stakeholders including other vendor managers, benefits administration, customer service, communications, finance, HR technology, legal, IT security, sourcing and wellness teams to ensure timely reviews of contracts, assess vendors’ technology capabilities, and maintain legal and regulatory compliance for the program.
Required qualifications, capabilities, and skills
Understanding of the healthcare marketplace, in particular vendor management
Willingness and ability to innovate to drive fresh and/or unique approaches and solutions
Experience working in a strategic, analytical or metric-driven environment
Ability to work in a fast-paced, time-sensitive environment
Ability to multi-task, work independently, meet deadlines, and manage multiple deliverables
Strong and effective verbal and written communication skills, including strong presentation skills
Solid knowledge of standard desktop applications such as MS Office (PowerPoint, Excel)
Minimum 10 years in corporate benefits, benefits consulting or health plan/health insurance field
Bachelor's degree required
Preferred qualifications, capabilities, and skills
Ideal to have large firm experience (50,000 plus employees)
Strong project management skills, with attention to detail
Proficiency with self-insured actuarial/financial analysis is strongly preferred
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
Base Pay/Salary Jersey City, NJ $111,625.00 - $170,000.00 / year
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Responsibilities
As a U.S. Benefits Design and Strategy Vice President - Medical Benefits on the U.S. Benefits Design and Strategy Team, you will be responsible for managing programs within the U.S. Medical Plan, including overseeing vendor strategic management, plan administration, and enhancing employee experience, while ensuring seamless integration across multiple vendors.
Collaborate on plan design and enhancement of vendor programs, ensuring alignment with organizational goals and objectives.
Manage the day-to-day operations of the programs, including medical vendor management in areas such as plan administration, product offerings, process changes, clinical policy changes, digital/customer experience, member communications, network provider changes, wellness incentive administration, escalated issues, and HRA/FSA administration.
Track deliverables across internal and external stakeholders, understand plan reporting/financials, participate in risk/compliance work and plan audits, help manage the customer experience, and assist with driving operational excellence.
Evaluate and implement ad hoc benefits offerings or enhancements to the program, including conducting research and analyses, defining success measures, preparing materials for senior management review and approval, and developing communication materials.
Work with the broader benefits team on developing and implementing innovative ways to engage employees in their overall well-being.
Monitor healthcare trends and regulations; analyze plan usage.
Partner with stakeholders including other vendor managers, benefits administration, customer service, communications, finance, HR technology, legal, IT security, sourcing and wellness teams to ensure timely reviews of contracts, assess vendors’ technology capabilities, and maintain legal and regulatory compliance for the program.
Required qualifications, capabilities, and skills
Understanding of the healthcare marketplace, in particular vendor management
Willingness and ability to innovate to drive fresh and/or unique approaches and solutions
Experience working in a strategic, analytical or metric-driven environment
Ability to work in a fast-paced, time-sensitive environment
Ability to multi-task, work independently, meet deadlines, and manage multiple deliverables
Strong and effective verbal and written communication skills, including strong presentation skills
Solid knowledge of standard desktop applications such as MS Office (PowerPoint, Excel)
Minimum 10 years in corporate benefits, benefits consulting or health plan/health insurance field
Bachelor's degree required
Preferred qualifications, capabilities, and skills
Ideal to have large firm experience (50,000 plus employees)
Strong project management skills, with attention to detail
Proficiency with self-insured actuarial/financial analysis is strongly preferred
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
Base Pay/Salary Jersey City, NJ $111,625.00 - $170,000.00 / year
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