Job Title : Head of US

Benefits

Location: NYC Reports to: Head of Human Resources Company Overview: Verition Fund Management LLC (“Verition”) is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income Macro, Convertible Volatility Arbitrage, Event-Driven, Equity Long/Short Capital Markets, and Quantitative Strategies.

evaluation recommendation Evaluates emerging

(GLP-1 drug coverage, fertility, student loan repayment, caregiver support) against utilization data, cost modeling, employee demand, and competitive benchmarks. Recommends additions/modifications to current decisions. Wellbeing strategy (physical, mental, financial) Designs the holistic wellbeing strategy across four pillars: physical (fitness, preventive care), mental (EAP, therapy platforms), and social (community, ERG support).

broker / consultant relationship Works with the broker on renewal strategy, market analysis, RFP scope, and negotiation approach. Looking to move Verition to a self-funded approach for medical. Quarterly business reviews (QBRs) Holds QBRs with key vendors and the broker.

administration platform ownership Owns the

admin system (Workday

) — the technology employees use to enroll and manage

Oversees annual OE configuration, carrier data feed accuracy, integrations with HRIS and payroll. Compliance Governance US federal state compliance Manages compliance with ERISA, ACA (employer mandate, 1094/1095 reporting), HIPAA, COBRA, FMLA, Section 125, and state-specific mandates.

and Coverage (SBCs), plan amendments, and wrap plan documents. Ensures accuracy, timely distribution to employees, and DOL filing compliance. Form 5500 filing plan audit Works with broker on the annual Form 5500 filing.

coordination, payroll deduction accuracy, HRIS data feeds, and

administration process design. Open Enrollment Ops Open enrollment planning execution Plans and runs the annual OE window (typically 2–4 weeks in Oct/Nov).

fairs, open enrollment informational sessions and deadline tracking.

communications strategy Develops and oversees all employee-facing

communications: enrollment guides, comparison tools, explainer videos, FAQs, and manager toolkits. Partners with Employee Experience on channel and tone. Ensures materials are accessible and clear.

Responsibilities

: Strategy Plan Design Health plan design decisions Recommends plan structures, networks, deductibles, copays, coinsurance, OOP maximums, and employer/employee contribution splits across medical, dental, and vision plans. Balances richness, cost, and employee experience. Makes final carrier/vendor recommendations to the Head of Human Resources and Chief Financial Officer.

Requirements

. Partners closely with legal counsel on regulatory changes and

. Plan document management (SPDs, SBCs, wrap docs) Maintains Summary Plan Descriptions (SPDs), Summary of

and for plans requiring audit. ACA reporting (1094-C / 1095-C) Manages ACA employer mandate reporting in collaboration with the payroll vendor ADP. Reviews and ensures the 1095-C generation and distribution to employees happens and confirms that ADP submits 1094-C filing to the IRS.

Invoice Management Reconcile invoices and ensure payments are made to ensure there is no lapse in coverage.

Head of US Benefits