Overview

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At MSCI, we review our benefits each year and strive to provide a comprehensive program that's as diverse as our workforce, to meet all our employees’ unique goals, while remaining highly competitive. Choosing the right benefits coverage for your needs—and making informed buying decisions year-round—allows us to provide one of the most valuable benefits programs in our industry.

New Hires

Be sure to review the 2024 New Hire Guide to review all your benefit options. You have 31 days from your date of hire to enroll in MSCI benefits. If you do not enroll within that timeframe, you will only have MSCI provided basic life and accident insurance, short-term disability (STD) insurance, and long-term disability (LTD) insurance. Your next opportunity to enroll in benefits will be during our annual Open Enrollment, held each year in the fall, unless you experience a qualifying life event in the interim.

Enroll in Benefits Using Workday

Follow these steps on Workday to enroll:

  1. Open your Inbox to access the New Hire Benefits task (click to launch and elect your benefits).
  2. Users will need to click on each individual benefit tile to review and/or change your benefit election(s).
  3. Before you enroll in medical benefits for yourself, you must first elect the Spousal Surcharge benefit, even if you do not have a spouse or domestic partner.
  4. Next, select one of the five spousal coverage options as it applies to you.
  5. Once you select your spousal option, you will then have access to elect medical coverage.
  6. Confirm or add a valid phone number and physical home address.
  7. Although not required for all coverage types, a few like prescription drugs will need your gender so it is recommended that you update this field.
  8. Once you have elected your benefits, please click "Review and Sign" and then "I accept". Then, click "Submit" on the bottom left-hand side of the enrollment page to submit your elections.
 

Life Events

After your initial enrollment period, you may not change or cancel your benefit elections during 2024 unless you have a qualifying life event, including:

  • Marriage
  • Divorce or legal separation
  • Birth or adoption of a child
  • Death of a dependent
  • Loss or addition of spouse’s coverage due to a change in job status

If you experience a qualifying event and need to change your benefits, please contact the US Benefits Team as soon as possible. Changes must be made in Workday within 31 days of the qualifying event date. Changes are effective as of the date of the event. Important note: You must process qualifying life events in Workday.

If you experience a qualifying life event, it's a good idea to review your 401(k) beneficiary to ensure your savings are directed as you wish in the event of your death. Your retirement savings plan beneficiary designation is separate and distinct from your life insurance beneficiary designation. Visit principal.com/beneficiary to add or change a beneficiary.