U.S. Benefits Design & Strategy, Vice President

Location: Jersey City, NJ, United States

Job Family: Benefits & Employee Services

About the Role

At JP Morgan Chase, we are a leading global financial services firm committed to fostering an inclusive and supportive workplace for our 250,000+ employees. As Vice President in U.S. Benefits Design & Strategy, you will play a pivotal role in shaping health care initiatives that empower our workforce to thrive. Based in our state-of-the-art Jersey City, NJ office, this position offers the opportunity to drive meaningful change in employee well-being while navigating the complexities of the financial industry, where talent retention and regulatory compliance are paramount. You will report to the Head of U.S. Benefits and collaborate with executive leaders to align benefits strategies with our core values of innovation, integrity, and client focus. In this strategic role, you will lead the design and optimization of comprehensive health care benefits programs tailored to the diverse needs of our U.S. employees, from entry-level analysts to senior executives. Responsibilities include conducting in-depth market analyses to benchmark against peers in banking and finance, developing cost-effective wellness solutions that address rising health care costs, and ensuring seamless integration with our global benefits framework. You will leverage data analytics to evaluate program effectiveness, identify opportunities for enhancement—such as incorporating telehealth or mental health support—and present actionable recommendations to influence enterprise-wide decisions. Your work will directly impact employee satisfaction and engagement, key drivers of performance in our high-pressure financial services environment. We seek a visionary leader with deep expertise in U.S. benefits landscape, passionate about leveraging benefits as a tool for equity and inclusion. This role demands a blend of analytical rigor and creative problem-solving to innovate within regulatory constraints, while building partnerships across HR, Finance, and external vendors. Join JP Morgan Chase to contribute to a legacy of excellence, where your strategies will support our mission to be the most respected financial institution in the world, one healthy employee at a time.

Key Responsibilities

• Develop and execute strategic U.S. benefits design initiatives to enhance employee health care access and affordability, aligning with JP Morgan Chase's commitment to employee well-being
• Analyze market trends and competitive benchmarks in the financial services sector to recommend innovative benefits enhancements
• Collaborate with HR, Finance, and Legal teams to ensure compliance with regulatory requirements and optimize costs for benefits programs
• Lead vendor evaluations and negotiations for health care providers, focusing on value-based care models suitable for a large-scale financial firm
• Design and implement employee engagement strategies around benefits, including communication campaigns to drive utilization and satisfaction
• Conduct data-driven assessments of benefits utilization and effectiveness, reporting insights to senior leadership to inform future strategy
• Partner with global benefits teams to align U.S. programs with international standards while addressing unique financial industry needs
• Monitor legislative changes impacting health care benefits and proactively adapt JP Morgan Chase's offerings to mitigate risks
• Foster a culture of health and wellness by integrating benefits with broader employee services, supporting retention in a competitive talent market

Required Qualifications

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field
• Minimum of 8-10 years of experience in benefits design, strategy, or employee wellness programs within a large corporate environment
• Proven track record in developing and implementing U.S. health care benefits strategies, with knowledge of ERISA, ACA, and other federal regulations
• Experience in financial services industry, preferably with exposure to high-stakes employee retention and compliance challenges
• Strong analytical skills with ability to leverage data to inform benefits decisions and measure program ROI
• Demonstrated project management experience leading cross-functional teams on benefits initiatives

Preferred Qualifications

• Advanced degree (MBA or Master's in HR) with a focus on compensation and benefits
• Certification in benefits administration (e.g., CEBS or SHRM-CP)
• Prior experience at a global financial institution like JP Morgan Chase, handling diverse employee populations
• Knowledge of emerging trends in employee health care, such as mental health support and wellness incentives

Required Skills

• Strategic planning and benefits design expertise
• Regulatory compliance knowledge (ERISA, ACA, HIPAA)
• Data analysis and ROI modeling
• Project management and cross-functional collaboration
• Vendor management and negotiation
• Employee engagement and communication
• Financial acumen for cost-benefit analysis
• Problem-solving in complex regulatory environments
• Leadership and stakeholder influence
• Proficiency in HRIS systems like Workday
• Market research and benchmarking
• Adaptability to industry trends in financial services
• Strong presentation and reporting skills
• Attention to detail in benefits administration

Benefits

• Comprehensive medical, dental, and vision insurance plans with robust coverage options
• 401(k) retirement savings plan with company matching contributions up to 6%
• Generous paid time off, including vacation, sick days, and parental leave
• Tuition reimbursement and professional development programs for career growth
• Employee stock purchase plan and performance-based bonuses
• Wellness programs including gym memberships, mental health resources, and health savings accounts
• Flexible work arrangements and hybrid options in Jersey City, NJ

JP Morgan Chase is an equal opportunity employer.