JP Morgan Services India Pvt Ltd

Vice President - Employee Benefits and Wellness

JP Morgan Services India Pvt Ltd
Mumbai/Bombay
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 7 yearsMin. 7 years

Job Description

Vice President - Benefits and Wellness

Job Summary

Join our team as a Vice President in the Benefits & Wellness group, where you will support the management and execution of innovative benefits and wellness programs that enhance employee well-being. You will play a key role in shaping a culture of health and wellness, ensuring our programs are effective, engaging, and aligned with company policies and employee needs. Your responsibilities will include strategic planning, data analysis, vendor management, and stakeholder engagement to foster a culture of wellness and benefits awareness.

Job Responsibilities

  • Drive and support the implementation and management of benefits programs 
  • Identify areas for program enhancements; lead evaluations of benefits offerings or program enhancements, including conducting research and analysis, defining success measures, and preparing materials for senior management review and approval.
  • Monitor trends and emerging employer innovation opportunities in the benefits and wellness space.
  • Assist in identifying employee health and behavior trends across programs, correlating data points to support a holistic health and behavior profile of employees 
  • Work with the broader benefits team to develop and implement innovative ways to engage employees in their overall well-being.
  • Cultivate relationships with key stakeholders from different functions, both regional and global, to support the benefits and wellness agenda.
  • Partner with key internal teams including Benefits Delivery, Wellness, Communications, HR Technology, IT Security, Legal, Sourcing, Product, and Employee Experience.
  • Develop and monitor metrics for measuring ongoing performance and effectiveness of benefits offerings and initiatives, ensuring consistency in measurement methodologies and objective comparison of financial performance/metrics between vendors/programs.
  • Collaborate with vendors and internal stakeholders to support the design and launch of new programs & help achieve optimal commercial outcomes and quality delivery from our vendors in alignment with contracts..
  • Support the development of a performance scorecard for vendors, incorporating key SLAs and timelines, and assist in periodic performance reviews. and manage contracts and related processes, including contracting, approvals, onboarding, invoicing, and reporting.
  • Maintain a strong control posture to manage risk both internally and through vendor exposure, both contractual and operational and assist in developing and implementing communication strategies to promote wellness and benefits programs and engage employees.

Required Qualifications, Capabilities, and Skills

  • Minimum 7 years’ work experience in corporate benefits, benefits consulting, or health plan/health insurance roles.
  • Strong understanding of the benefits and wellness landscape, including trends, best practices, and regulatory requirements.
  • Experience working in a strategic, analytical, and metric-driven environment.
  • Experience facilitating or supporting large corporate procurement projects in the benefits and wellness space, including vendor implementation and management.
  • Ability to multi-task, work independently, project manage, meet deadlines, and manage multiple deliverables.
  • Ability to work collaboratively across departments and with external partners. 
  • Proficiency in MS Office, especially PowerPoint and Excel with strong analytical skills

Preferred Qualifications, Capabilities, and Skills

  • Large firm experience, preferably with matrix reporting structures.
  • Effective verbal and written communication skills.
  • Strong project management skills.
  • Experience with a particular focus on strategy and analytics, with the ability to perform quantitative analysis and data interpretation.

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 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.

Experience Level

Executive Level

Job role

Work location
Work locationMumbai, Maharashtra, India
Department
DepartmentHuman Resources
Role / Category
Role / CategoryCompensation & Benefits
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 7 years

About company

Name
NameJP Morgan Services India Pvt Ltd
Job posted by JP Morgan Services India Pvt Ltd

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