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    US Retirement_Walk In Interview-Immediate Joiners - Bengaluru, India - Genpact

    Genpact
    Genpact Bengaluru, India

    1 week ago

    Genpact background
    Description

    Inviting applications for the role of US Retirement function

    We require someone with extensive knowledge and experience in retirement, benefits, and related experience.

    • Job Location: Bangalore
    • Work from office-night shift
    • We're looking for immediate joiners only (0-15days notice period max)
    • Designation: Sr associate, Management Trainee & Assistant Manager

    Please note- This is Walk in Drive

    Responsibilities

    In 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 business
    • Maintain accurate contribution records for retirement participants enrolled in the allocated plan, ensuring compliance with regulatory requirements and plan guidelines
    • Assist 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 functions
    • Ensure 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 responsibilities
    • Address participant inquiries regarding contribution limits, eligibility requirements, and retirement planning resources
    • Assist with investment management activities, such as fund transfers, rebalancing, and implementing investment changes.
    • Monitor investment performance and provide support in evaluating investment options
    • Facilitate participant loan requests, ensuring compliance with plan rules and regulatory requirements
    • Conduct regular compliance reviews to ensure adherence to plan documents, IRS regulations, and other applicable laws
    • Communicate 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 provided
    • Maintain accurate records of participant transactions, contributions, distributions, and other activities
    • Generate and distribute periodic statements, reports, and compliance filings as required & identify and address any compliance issues promptly and effectively

    Qualifications

    Minimum qualifications

    • Any Graduate
    • Must have US Retirement experience with 2 to 8years relevant.
    • Must have strong knowledge of US retirement plans such as 401(k), 403(b), 457

    Share cv at

    "subject line: US Retirement Pune or Bangalore"

    With below details-

    Total work experience

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