What are the responsibilities and job description for the Executive Director, Prescription Drug Lead position at JPMorganChase?
Job Description
The JPMorgan Chase (JPMC) benefits program is one of the largest in the United States, 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.
As the Executive Director, Prescription Drug lead within the Benefits Department at JPMorgan Chase, you will manage and enhance our Prescription Drug offerings and other benefits programs. Your role will encompass leading a team of benefits professionals, identifying trends and opportunities, and enhancing the employee experience in these areas. Additionally, you will oversee, evaluate, and implement changes to these benefit programs, monitor plan performance, regulations, and market trends. You will also manage, assess, and implement modifications to other benefit programs such as dental and vision.
Job Responsibilities
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.
The JPMorgan Chase (JPMC) benefits program is one of the largest in the United States, 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.
As the Executive Director, Prescription Drug lead within the Benefits Department at JPMorgan Chase, you will manage and enhance our Prescription Drug offerings and other benefits programs. Your role will encompass leading a team of benefits professionals, identifying trends and opportunities, and enhancing the employee experience in these areas. Additionally, you will oversee, evaluate, and implement changes to these benefit programs, monitor plan performance, regulations, and market trends. You will also manage, assess, and implement modifications to other benefit programs such as dental and vision.
Job Responsibilities
- Lead and manage the Prescription Drug and Dental/Vision Team
- Ensure effective collaboration and communication with other teams and stakeholders
- Evaluate vendors’ ongoing performance and manage programs’ financials
- Identifying marketplace trends and opportunities
- Ensure efficient resource utilization and progress monitoring
- Enhance employee experience across prescription and other drug offerings
- Support communications activities related to prescription drugs, dental and vision
- Monitor legislative and regulatory changes to ensure compliance with new and existing requirements
- Empower teams to achieve goals and adjust priorities as needed
- Minimum 10 years of experience in corporate benefits, benefits consulting, or health plan/prescription benefits managers/health insurance/insurance fields
- Strong leadership and people management skills, with experience managing multiple teams.
- Deep understanding of the prescription drug marketplace, contract and financials related to employer sponsored insurance programs (large employer experience)
- Analytical skills with an ability to innovate and drive unique approaches and solutions
- Experience in a strategic, analytical, or metric-driven environment
- Excellent verbal and written communication skills, with strong presentation abilities
- Ability to work in a fast-paced, time-sensitive environment, managing multiple deliverables simultaneously
- Ability to effectively lead and collaborate across internal and external stakeholders
- Bachelor’s degree required
- Experience working for a large Employer’s Benefit team (50,000 employees)
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.
