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Senior Associate, Total Rewards

Who We Are

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

What We Offer

A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:

A hybrid work environment, up to 3 days per week of remote work

Tuition Reimbursement to support your continued education

Student Loan Repayment Assistance

Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely

Generous PTO and Parental leave

Competitive health benefits including medical, dental and vision

What You'll Do

Reporting to the Manager, Total Rewards, the Senior Associate, Total Rewards position is responsible for the administration, processes and controls of OCC’s benefit programs.  This includes, but is not limited to, administering all Covid-19 initiatives, leave administration, health & wellness programs, and benefits communication activities.  Assists in the planning, development, implementation and monitoring of company-wide total wellbeing initiatives. Responsible for providing plan administration, participant communications, and customer service of the company’s benefit plans and provides counsel to employees relative to their coverage and options according to established policy. 

This role will provide an increased level of employee support to the organization by achieving full understanding of all processes, programs and Workday activities to credibly respond to the employee.  The Senior Associate will use their judgment to identify and solve, when possible, the root cause problems and escalate when necessary.

Essential Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.


  • Primary point of contact for employees related to all COVID-19 policies and procedures. Administers all COVID-19 related procedures and processes, including COVID-19 testing program, tracking exposures and cases, vaccination tracking and providing appropriate notifications as required by policy.

  • Develop, coordinate, manage and maintain total wellbeing programming to reduce health risk, medical costs, support DE&I initiatives and encourage healthy lifestyles. Implement wellbeing related activities, including annual wellness screenings, benefit fairs, flu shot program, lunch and learns, fitness classes, and other related activities.

  • Coordinate with benefit and wellness vendors and other HR associates to administer benefit plans, leave of absence and wellness programs.

  • Assist in drafting employee communications with respect to new benefits or wellbeing programming to provide continuing education.

  • Administer employee leaves of absences, including Worker’s Compensation.  Advise employees and managers, regarding LOA processes.  Calculate eligibility regarding absences, FMLA, STD/LTD, and ADA.  Coordinate with third-party vendors to ensure that notifications and tracking of leaves and disability are in compliance with State and Federal regulations, benefits deductions are in accordance with OCCs policies, and leave time is properly recorded and paid.

  • Coordinate with employees, managers, and outside parties to ensure policies, laws and processes are followed appropriately.

  • Responsible to maintain and update all documents and content on internal and vendor portals.

  • Develop processes and execute initiatives to improve intranet site content navigation that ensures users find information easily.


  • Assist HR department in other areas as needed.

  • Working with HR Business Partners as needed.

Supervisory Responsibilities:

  • None


The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • 3-5 years’ experience in employee benefits, leave of absence and wellness administration

  • This position requires an extremely perceptive person who is capable of relating to individuals at all levels within the organization.

  • Experience with benefits and leave of absence administration and working with benefit vendors.

  • Strong analytical and organizational skills

  • Excellent interpersonal skills and written/oral communication skills

  • Achievement-orientation; ability to multi-task, and manage shifting priorities to meet deadlines.

  • Knowledge of pertinent federal and state regulations, filing and compliance requirements affecting employee benefits programs, including FMLA, ADA, ACA, ERISA, COBRA, HIPAA, Section 125, workers’ compensation, DOL and EEOC.

  • Ability to work independently and effectively handle sensitive and/or confidential matters.

  • Working knowledge of HR processes and procedures.

  • Teamwork and collaboration; capable of building strong working relationships.

  • Strong situational awareness, and ability to proactively identify business and HR teams needs and executive effectively.

Technical Skills:

  • Proficient in Microsoft Office applications (Outlook, Excel, Word, PowerPoint) and HRIS (Workday) applications.

Education and/or Experience:

  • Bachelor’s degree in Human Resources, Business or related field.

  • Five years of HR experience with a minimum of three years of related employee benefits, leave of absence and wellness administration experience.

Certificates or Licenses:

  • Professional in Human Resources (PHR) or comparable HR certification is a plus.

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.  

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location. 

For more information about OCC, please click here.

OCC is an Equal Opportunity Employer

Apply About OCC
  • REQ-2683
  • Chicago - 125 S Franklin
  • Full Time Regular
  • Posted: May. 6, 2022

How to Apply

Step 1 - When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.

Step 2 - You will receive an email notification to confirm that we've received your application.

Step 3 - If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

OCC is an Equal Opportunity Employer

Numerous studies have shown that people from groups that are traditionally under-represented in financial services apply to jobs only if they believe they meet 100% of the requirements. We want to break down this mindset to further diversify our workforce.

We encourage you to review our open positions and apply if you think your experience may be a match, even if you do not meet all of the qualifications. Your perspective may be an element we need to continue building innovative solutions to support the markets and market participants we serve.

OCC is a globally recognized entity that clears a multitude of diverse and sophisticated products. We want to reflect this in the diversity of our workforce.

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as an endorsement, recommendation or solicitation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of the disclosure document, Characteristics and Risks of Standardized Options. Individuals should not enter into option transactions until they have read and understood this document. To obtain copies, contact your broker, any exchange on which options are traded, or The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 ([email protected]).