U.S. Benefits Design & Strategy - Vice President

Testing Site - JPMC; Chicago (IL); On-site; USD 180,000 - 260,000; Full time

Job summary

JPMorgan Chase & Co. in Chicago or Jersey City seeks a U.S. Benefits Design and Strategy Vice President to lead the prescription drug plan and oversee key benefits programs, partnering with Benefits Delivery, Wellness, HR technology, Legal, Sourcing and IT Security.

This full-time role focuses on plan operations, program improvements, analytics and vendor management to deliver a best-in-class experience for employees. Travel is occasional; work will be in-office five days a week.

Qualifications

• Bachelor’s degree required.
• 10 years work experience in corporate benefits, employer benefits consulting, or health plan/PBM.
• Comprehensive understanding of prescription drug benefits, prescription drug pricing, prescription drug supply chain, and the market.
• Strong project management skills.
• Experience working in a strategic, analytical and metric driven environment.
• Effective verbal and written communication skills.
• MS Office PowerPoint and Excel proficiency.
• Vendor management experience.

Responsibilities

• Support day-to-day operations of the prescription drug benefit plan, including overseeing vendors, program administration, performance monitoring, and member communications.
• Support key programs and initiatives, measuring success and managing partners for efficient operations.
• Evaluate strategic opportunities to improve member experience, access to programs and financial transparency, through research and stakeholder collaboration.
• Support procurement projects with detailed requirements, project management, and leadership materials.
• Manage vendor implementations, coordinating with internal and external stakeholders to ensure timely launches.
• Partner with Benefits Delivery, Wellness, HR technology, IT security, Legal, Sourcing, Product and Employee Experience.

Skills

Project management

Vendor management

Strategic analysis

Cross-functional collaboration

Data-driven decision making

Communication skills

Multi-tasking

Leadership ability

Education

Bachelor’s degree

Tools

MS Office (PowerPoint & Excel)

Job description

The JPMorgan Chase benefits program is one of the largest in the United States, designed to meet the needs of over 180,000 U.S. employees and 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, designing, implementing and managing changes to benefit programs, monitoring plan performance, regulations and marketplace trends.

As a U.S. Benefits Design and Strategy Vice President, you will support plan operations, evaluate opportunities for improvements, and collaborate across functions to provide the best possible experience for employees. In this role, your primary responsibility will be in managing the prescription drug plan as well as serving as the lead for some of our key programs and/or pilot initiatives.

This is a full-time role based in Jersey City, NJ or Chicago, IL and is in-person/in-office five days a week. Occasional travel for meetings/conferences is expected but the role does not require regular travel.

Job responsibilities:

• Supporting the day-to-day operations of the prescription drug benefit plan. This includes overseeing vendors, program administration, performance monitoring, process changes, digital/customer experience, member communications and escalated issues
• Support key programs and/or initiatives. You will be responsible for measuring the success of the programs, managing key partners and ensuring efficient operations
• Evaluating strategic opportunities that improve member experience, access to programs/care and financial transparency. This includes conducting research and collaborating with internal and external stakeholders
• Supporting procurement projects. This includes detailed focus on requirements, organized project management, regular communication with internal partners and preparing leadership materials
• Managing vendor implementations. This includes coordinating between internal and external stakeholders, facilitating decisions, escalating issues, and achieving timely launch of programs
• Partnering with key internal partners including Benefits Delivery & Customer Service, Wellness, Communications, HR technology, IT security, Legal, Sourcing, Product and Employee Experience

Required qualifications, capabilities, and skills:

• Bachelor’s degree required
• 10 years work experience in corporate benefits, employer benefits consulting, or health plan/PBM
• Comprehensive understanding of prescription drug benefits, prescription drug pricing, prescription drug supply chain, and the market
• Ability to multi-task, work independently, project manager, meet deadlines, and manage multiple deliverables
• Experience working in a strategic, analytical and metric driven environment
• Effective verbal and written communication skills
• Strong project management skills
• MS Office Powerpoint and Excel proficiency

Preferred qualifications, capabilities, and skills:

• Large firm experience (50,000 plus employees)
• Experience facilitating or supporting large corporate procurement projects
• Experience facilitating or supporting large corporate vendor implementations
• Aptitude in math and statistics, with the ability to perform quantitative analysis and data interpretation

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).