iCapital is powering the worlds alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, & banks evaluate & recommend bespoke public & private market strategies for their high-net-worth clients. iCapital services approximately $170 billion in global client assets invested in 1,392 funds, as of October 2023.

iCapital has been named to the Forbes Fintech 50 for six consecutive years (2018-2023); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023); & a three-time winner of MMI/Barrons Solutions Provider award (See link below). 

About the Role

iCapital is looking to add a Vice President of Benefits to our quickly growing Human Resources team. Reporting to the Head of Total Rewards, this roles main responsibility will be to define, design, implement, & administer health & welfare benefit programs for North America while providing ongoing support & evaluation of our benefits programs so that we can best grow & retain our talent. As a key member of the Total Rewards team, this individual will manage the companys health plans (including medical, dental, vision), welfare plans (including AD&D, STD, LTD), well-being programming, & other voluntary employee benefits for approximately 1,200+ employees globally. 

To be successful, the ideal candidate must be strategic & hands on in managing all facets of benefits (health, wellbeing, retirement, & leave programs). This role will act as an internal consultant & specialist for benefits best practices & identify trends & improvement opportunities. This candidate will manage annual open enrollment processes including broker & carrier marketing, plan decisions, employee communications, & education, as well as execute an innovative & engaging benefits education program that extends beyond open enrollment. Communication & education are critical to ensuring our programs are understood & valued by our employees & managers.

The ideal candidate thrives in a fast-paced global environment, possesses a strong collaborative style, is focused on the employee experience, & is motivated by complexity & challenges. This candidate must have a passion for customer service, can handle confidential & sensitive information, is results-oriented, thinks both strategically & operationally, & is a high-energy team player who is adaptive in a dynamic & changing environment.

Responsibilities

• Manage the implementation & administration of global benefits programs, policies, plans & processes (e.g., health & wellbeing programs, retirement plans, leave policies, & insurance policies).
• Assist with the strategic planning & continuous improvement efforts for global benefit programs; keep abreast of the market, make recommendations, & provide services aligned with employee needs.
• Develop tools & communication materials that increase employee engagement & understanding of benefit programs.
• Run open enrollment & renewal processes, including review & strategy, ensure competitive benefits packages are maintained & improved, & provide thoughtful data & analytics to inform decision-making.
• Manage new hire benefit orientation & onboarding for new employees globally.
• Provide creative ideas & collaborate with the broader Human Resources team on employee wellbeing initiatives that enhance the employee experience.
• Cultivate & maintain strong relationships with external benefit vendors.
• Act as a liaison between employees, managers, & internal stakeholders (HR, Legal, Finance, etc.,) to answer questions or concerns regarding iCapitals benefit offerings.
• Administer & manage leave of absences (LOA) & partner with employees, HRBPs, managers, & carriers to ensure leaves are documented, communicated, & administered consistent with company policies, & with compassion & empathy.
• Ensure accuracy of benefits data in HRIS, inclusive of benefits enrollment support.
• Liaise with the Payroll team on issues & processes to ensure accurate benefits, 401(k), & leave of absence processing. Partner with the Finance team for billing accuracy & timely payment. Maintain & process all event changes such as status & new hires in both HRIS as well as with vendors.
• Provide administrative support with open enrollment, annual filings, audits, testing, wellness initiatives, & plan renewals.
• Ensure compliance with relevant laws pertaining to benefits, in partnership with HR, Legal, & outside counsel; ensure all benefit program documentation & notices are updated & distributed.
• Participate in ongoing and/or ad hoc HR projects as needed.

Qualifications

• 10+ years of Human Resources experience with experience in benefits with benefits administration experience preferred
• In-depth expertise in benefits & strong knowledge of regulations related to benefit plans including HIPAA, ERISA, & ACA
• Experience in M&A related activities including conducting due diligence & integrating & harmonizing benefits plans
• Experience with vendor selection, RFPs, & implementations
• Track record of using data as the basis for making decisions & a very detail-oriented yet flexible approach to problem solving
• Comfortable interacting with employees of all levels of experience & seniority, across the organization
• Act with integrity, professionalism, & can handle confidential information & issues with discretion & sound judgment
• Intermediate/advanced Microsoft Office skills with a priority on Excel, & proficient in HRIS, Benefits, Payroll, & 401k systems
• Knowledge of ACA compliance & preparation of 1095-c forms
• Knowledge of 401(k) plans & Canada RRSP retirement plans
• Able to travel to our offices across the tri-state (CT, NJ, NY) as needed

Benefits

The base salary range for this role is $145,000 to $170,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, & an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, & virtual mental health counseling, parental leave, & unlimited paid time off (PTO).

We believe the best ideas & innovation happen when we are together. We offer most employees the flexibility to work in the office three or four days. Every department has different needs, & some positions will be designated in-office jobs, based on their function. 

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity & Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.