US Retirement_Walk In Interview-Immediate Joiners

2 months ago


bangalore, India Genpact Full time
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"
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