US Retirement_Immediate Joiner-Walk In Interview - Pune, India - Genpact

Description

Inviting applications for the role of

US Retirement functionWe require someone with extensive knowledge and experience in retirement, benefits, and related experience

Job Location:
PuneWork from office-night shiftWe're looking for immediate joiners only (0-15days notice period max)

Designation:
Sr associate, Management Trainee & Assistant ManagerPlease note- This is Walk in Drive

ResponsibilitiesIn this role you will be responsible for all the activities related to retirement, benefits which typically include:Demonstrate a solid understanding of various retirement plans such as

401(k), 403(b), 457,

and stay updated on relevant regulations affecting the retirement businessMaintain accurate contribution records for retirement participants enrolled in the allocated plan, ensuring compliance with regulatory requirements and plan guidelinesAssist plan sponsors with the administration of their retirement plans, including tasks such as contribution calculation, non-standard trading, participant financial activity, and other complex record-keeping functionsEnsure that retirement plans adhere to all regulatory requirements, including IRS regulations, ERISA guidelines, and plan documents.

Coordinate with financial institutions and service providers to ensure timely and secure distribution of retirement benefits.
Manage participant enrollment processes, including verifying eligibility, processing enrollment forms, and updating participant information as needed.

Monitor service providers, investment managers, and other third parties to ensure compliance with fiduciary responsibilitiesAddress participant inquiries regarding contribution limits, eligibility requirements, and retirement planning resourcesAssist with investment management activities, such as fund transfers, rebalancing, and implementing investment changes.

Monitor investment performance and provide support in evaluating investment optionsFacilitate participant loan requests, ensuring compliance with plan rules and regulatory requirementsConduct regular compliance reviews to ensure adherence to plan documents, IRS regulations, and other applicable lawsCommunicate with plan sponsors, participants, and other stakeholders to address inquiries, resolve issues, and provide updates as needed.

Maintain positive relationships with clients and ensure high levels of satisfaction with services providedMaintain accurate records of participant transactions, contributions, distributions, and other activitiesGenerate and distribute periodic statements, reports, and compliance filings as required & identify and address any compliance issues promptly and effectively

QualificationsMinimum qualificationsAny GraduateMust have

US Retirement experience with 2 to 8years relevant.
Must have strong knowledge of

US retirement plans such as 401(k), 403(b), 457

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US Retirement Pune or Bangalore"With below details-Total work experienceCurrent CTCExpected CTCNotice periodCurrent LocationPreferred Location