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Benefits Design

3 months ago

Jersey City, New Jersey, United States JPMorganChase Full time

Job Description
The JPMorgan Chase U.S. Benefits Design and Strategy team is responsible for evaluating 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 JPMC Medical Plan and Wellness Program is designed to meet the needs of over 150,000 U.S. employees and is recognized for its commitment to employee health and well-being.
As the Benefits Strategy Associate you will work with the Benefits Strategy Manager and other team members on strategic initiatives in the U.S. healthcare space. Initiatives include evaluation and implementation of potential new offerings and enhancements to the JPMC U.S. benefits program. The role may also involve assisting in, and developing a working knowledge of, the existing benefit plans.
Some recent initiatives: Designing a new medical plan and wellness program, enhancing family building benefits, enhancing gender affirming benefits, and launching a virtual advanced primary care solution.
Job responsibilities

  • Gathering research on market trends and synthesizing benchmarking information
  • Conducting vendor due diligence, including evaluating responses from Requests for Proposal / Requests for Information
  • Developing presentations for senior management review and approval
  • Assisting with implementation efforts (e.g., project managing across internal and external vendors, drafting/reviewing communications materials and intranet content, assisting with contracting efforts, coordinating with vendors)
  • Partnering with internal stakeholders including Morgan Health, Wellness, Benefits Delivery & Customer Service, Benefits Data Analysis/Reporting, Communications, Legal, Sourcing, Technology, IT Security, Finance, Corporate Strategy

Required qualifications, capabilities, and skills

  • Bachelors degree
  • Minimum 3+ years experience in a strategy or U.S. benefits role
  • Experience working in a strategic, analytical or metric driven position
  • Strong verbal and written communication skills
  • Strong analytical and problem-solving skills
  • Strong project management skills, with a high level of attention to detail
  • Ability to multi-task, work independently, meet deadlines, and manage multiple deliverables
  • Solid knowledge of standard desktop applications: MS Office, Powerpoint, Excel

About Us
JPMorgan Chase & Co., 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. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and 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 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.