U.S. Benefits Design and Strategy Vice President, Measurement and Initiatives

Job Description

The JPMorgan Chase benefits program is a key part of our employee value proposition, helping us attract and retain top talent. Our offerings include a broad range of healthcare and insurance benefits that support the well-being of employees and their families. Our Benefits team evaluates, manages, and implements changes across multiple benefit programs (e.g., medical, dental, vision, life insurance, long-term disability). The team also monitors plan performance, regulatory developments, and marketplace trends, and partners on the design and delivery of the firm’s wellness initiatives. Our U.S. medical and wellness programs serve more than 180,000 employees. 

As a Vice President on the U.S. Benefits Design and Strategy team, you will blend strategy, analytics, and hands-on execution to evaluate, launch, measure, and scale U.S. healthcare initiatives and innovations aimed at improving employee health outcomes and the healthcare experience.

Job Responsibilities:

• Define and monitor metrics to measure the performance and effectiveness of benefits offerings and initiatives; ensure consistent methodologies and enable objective comparison of financial and clinical outcomes across vendors and programs
• Lead the annual healthcare cost projection cycle in partnership with actuarial consultants; build a comprehensive understanding of cost drivers and trends, design and model strategic scenarios, and present data-driven recommendations to senior leadership
• Operationalize approved rate changes by ensuring accurate configuration and loading across Finance systems (internal cost management) and Benefits administration systems (employee contributions) for annual enrollment
• Research and evaluate ad hoc benefits offerings and program enhancements; quantify value, define success measures, and prepare materials for senior leadership review and approval
• Analyze healthcare data sets, including medical claims, to generate insights on program and plan performance; partner with plan managers to develop strategies and recommendations, and prepare presentations summarizing findings and proposed actions
• Manage cross-functional deliverables with internal and external stakeholders; interpret reporting and financials; support risk/compliance efforts and plan audits; and drive operational excellence
• Collaborate with partners across benefits data and reporting, benefits delivery and customer service, wellness, finance, HR technology, IT security, legal, and sourcing

Required Qualifications, Capabilities, and Skills:

• Bachelor’s degree required
• 6+ years (or progressively responsible experience) in corporate benefits, benefits consulting, or health plan/health insurance field; experience in strategic, metric-driven roles, with a particular focus on self-insured actuarial and financial analysis
• Deep 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
• Builder’s mindset that experiments, measures, learns, and iterates, bringing fresh, practical approaches to solve complex problems
• Ability to effectively lead and collaborate across internal and external stakeholders in a fast-paced environment
• Ability to work independently, meet deadlines, and manage multiple deliverables simultaneously
• Strong and effective verbal and written communication skills, including strong presentation skills and a high level of attention to detail

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
• Progress toward or completion of actuarial exams, with an Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) designation preferred

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).

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.