Benefits Specialist
Overview
We see the world differently at Capstone Investment Advisors. You will, too. Capstone Investment Advisors, LLC (“Capstone”) is a global asset manager, dedicated to exploring alpha opportunities in derivatives and complementary strategies that persist across market cycles. With approximately $12.5 billion of AUM (as of May 1, 2026) and 306 employees, Capstone is headquartered in New York with offices in London, Amsterdam, Stamford, Los Angeles, Boston, Tokyo, Milan, Texas, and Maryland. Since 2004, through strategic insight, market-leading expertise, and advanced technology, we have sought to anticipate and harness the complexities of world markets, creating unique opportunities for our clients, team, and industry. With our sophisticated, global client base, we recognize that our success is deeply connected to real people. For that reason, we take a human approach to everything we do, focusing largely on collaborative performance. Our workflow and process are built around the belief that by sharing ideas, we achieve greater outcomes. This gives you greater access to resources, direct exposure to senior leadership, and new opportunities to experiment and innovate.
Responsibilities and Impact
- 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
- Aid with ad hoc projects and process improvements to enhance efficiency and scalability of People Operations
Qualifications
- 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
Benefits & Compensation Information
- Training and development opportunities
- Robust Wellness Resources: Physical, Mental and Financial
- Time-Off, Retirement and Commuter Benefits
- Gym Reimbursement and other Discounts