Benefits Specialist

Capstone Investment Advisors•New York, NY

9d•$125,000 - $160,000

About The Position

Capstone is seeking a detail-oriented, high-performing Benefits Specialist to own and deliver our global benefits programs. This role is responsible for the day-to-day administration, execution, and continuous improvement of our health, welfare, and retirement offerings, ensuring a seamless and compliant employee experience. Reporting to the Head of People, this role will operate with a high degree of independence while partnering closely with People Operations, Payroll, and Finance. This position offers the opportunity to expand scope over time and deepen expertise across benefits and broader People Operations. This is an ideal opportunity for someone who thrives in a fast-paced environment, takes pride in accuracy and ownership, and is motivated to build scalable, well-run processes. You will play a critical role in maintaining a high-quality benefits experience while contributing to the continued evolution of the People function.

Requirements

Bachelor’s degree
5+ years of hands-on benefits administration in a high-volume, fast-paced environment
Strong experience managing health & welfare and retirement programs, including vendor and broker management
Solid working knowledge of benefits regulations and compliance requirements (HIPAA, COBRA, ACA, ERISA, IRS, DOL, etc.)
Exposure to or strong interest in payroll processes, with a willingness to cross-train and provide backup support for payroll operations
High attention to detail with the ability to manage sensitive data with accuracy and confidentiality
Strong organizational skills with the ability to manage multiple priorities effectively
Comfortable working cross-functionally with Finance, Payroll, and People Operations partners
Adaptable, proactive, and able to operate effectively in a growing and evolving environment
Strong communication skills, with the ability to clearly and concisely support employees at all levels

Nice To Haves

Familiarity with international benefits programs
Exposure to payroll processes

Responsibilities

Own day-to-day administration and delivery of all global employee benefit programs, including health, welfare, retirement, and wellness offerings
Serve as the primary point of contact for employees on all benefits-related inquiries and issue resolution
Manage the annual benefits renewal process, including data gathering, analysis, and implementation
Ensure compliance with all applicable benefits regulations (ACA, ERISA, COBRA, HIPAA, etc.) and maintain accurate documentation
Manage relationships with brokers and vendors, including renewals, performance tracking, and ongoing support
Partner closely with Finance, Payroll and People Operations to reconcile benefit invoices and ensure data accuracy across systems
Administer leave of absence programs and documentation (FMLA, disability, state programs, etc.)
Maintain and update benefits data and deductions within HRIS, ensuring accuracy and alignment across systems
Analyze plan utilization, costs, and market trends to recommend improvements and cost optimization strategies
Contribute to employee communications and education to improve understanding and engagement with benefits programs
Support broader People initiatives, including wellness and employee experience programs
Cross-train in payroll processing, partnering with the Payroll Specialist to support accuracy, continuity, and coverage as needed
Assist with ad hoc projects and process improvements to enhance efficiency and scalability of People Operations