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AVP, Benefits Strategy

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Chubb

2024-09-30 12:45:13

Job location Jersey City, New Jersey, United States

Job type: fulltime

Job industry: Other

Job description

Reporting to the head of Global Benefits, the AVP, Benefits Strategy supports in the strategy, design, governance, and administration of benefits programs. As part of the Global Total Rewards team, the candidate will have a strong knowledge of US benefits and a working knowledge of benefits outside of the US. The candidate will support the Benefits Leader in formulating benefits strategies globally, regionally, and by country, as appropriate, connecting with Total Rewards colleagues within and outside of the US, analyzing reports, data, etc. to interpret data, and driving overall Total Rewards and HR objectives.

This role will operate on a hybrid schedule (3 days in office, 2 days remote) in our Jersey City, NJ/Philadelphia, PA or Whitehouse Station, NJ locations.

Primary responsibilities

  • Work closely with the head of Global Benefits to manage strategy of the benefits portfolio
  • Review and develop meaningful analysis of benefits claims, reports, renewals and other data to identify trends, risks, and opportunities and make recommendations for improvement and renewal/RFP recommendations
  • Develop and maintain strong working relationships with key internal and external stakeholders, including the head of Benefits Operations, broker and consultants, regional Total Rewards leaders and HR partners
  • Maintain knowledge of and analyze government regulations, benefits program trends, and prevailing practices in the market and amongst similar employers, including leveraging the vendor networks
  • Manage vendors, brokers and consultant relationships, including renewals, contracting, service level agreements, etc.
  • Liaise with internal partners on financial activities and legal developments impacting benefit plans, including Legal, HR Service Delivery, Finance and HR
  • Support the implementation of new programs and participate in other projects, such as communications, RFPs, implementations, annual and special enrollments
  • Create and maintain operational metrics to enable effective oversight of the benefits porfolio
  • Drive continuous improvement in benefits processes

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