Vice President, US Healthcare Design - Strategy & Delivery - BNY Mellon

Overview

Vice President, US Healthcare Design 

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.    

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Vice President, US Healthcare Design to join our People Rewards team. This role is located in Pittsburgh, PA, USA - HYBRID/3 days in office requirement.

In this role, you’ll make an impact in the following ways: 

• Research, benchmark, organize, analyze, interpret and present healthcare metrics from a variety of resources. 
• Through fact-based analysis this position will be responsible for gaining insight into BNY population health risks, identifying peer and vendor marketplace trends and best practices and maintaining expert knowledge of the rapidly changing healthcare marketplace. 
• Working with internal and external constituencies, the incumbent will formulate a data-driven approach to identify and recommend best-in-market programs to enhance member engagement, improve quality outcomes, enhance population health and wellbeing, and control costs.
• Assist in preparation of senior management exhibits to make critical business decisions
• Assist in implementation of any agreed upon benefit solutions, including partnering with broader internal and external stakeholders as well as reviewing various participant facing communications
• Work with broader Benefits and Wellbeing team on developing and implementing innovative ways to actively engage our employees and their families in understanding and using their benefits in a meaningful way that maximizes the member experience and enhances overall perception
• As program changes are contemplated, the US Health and Insurance Specialist will work with internal and external teams to develop and conduct vendor requests for information and proposals, analyze findings, evaluate vendor risk, negotiate contracts and implement programs to support BNY’s healthcare strategy. 
• The position will analyze and report on vendor performance against contractual performance guarantees.
   

To be successful in this role, we’re seeking the following: 

• Bachelor’s Degree required, preferably with significant quantitative work
• 3-5 years of experience in benefits consulting or benefits management demonstrating success in the design/management of large employer health and benefits plans; alternatively, similar experience in a consultative role gained at a carrier or vendor
• Ability to develop analytics and analyze trends, develop meaningful recommendations, and communicate the information in a logical concise way
• Knowledge of and experience with all aspects of the healthcare marketplace with emphasis on superior financial skills including prior experience in health and Insurance plan design, product pricing, benchmarking, underwriting, IBNR reserves, benefit accrual budgeting and valuation work is desired
• Strong process and project management skills with ability to manage multiple projects simultaneously, re-prioritize as needed and problem solve autonomously 
• Experience in facilitating RFPs, negotiating annual renewals, evaluating plan documents and employee benefit communications is desired
• Excellent executive presentation skills, able to communicate complex ideas clearly and concisely, and able to respectfully question or challenge others to think through problems, discover improvement opportunities and identify viable alternatives
• Strong verbal and written communication skills, including the ability to prepare and present recommendations to various audiences including benefits management, executive management, internal corporate business units (i.e., Finance, Legal, Payroll), and our employees through annual benefit presentations as well as escalated complex individual inquiries
• Must be able to work independently and effectively with a variety of internal teams and external resources, including consultants, vendors, legal counsel and industry groups.
• Proficient Microsoft Office skills, particularly in Excel and PowerPoint
   

At BNY, our culture speaks for itself. Here’s a few of our awards:

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

 

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.

EEO Statement:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.