VOYA INDIA Overview
VOYA INDIA is a joint venture between U.S. financial services company Voya Financial and SLK, a software services company. We are a dynamic technology & business process transformation company that provides world-class technology & business process management services, with an emphasis on quality, speed & optimization driven through automation. VOYA INDIA leverages the expertise of both firms to deliver innovative solutions to Voya's Retirement, Employee Benefits and Investment Management businesses. More information is available at : - www.voyaindia.com
Job Description
Skill : ERISA--Defined Contribution
Experience: 3 to 9 yrs
Location : Bangalore / Pune / Delhi
Shift : Evening US
Roles and Responsibilities
- Develop for review the testing reporting strategy and implement Omni ASC system requirements.
- Prepare audit packages as needed in support of the Form 5500 filing process.
- Perform quality review of testing reporting prepared by other team members.
- Validate methodology, data and plan level parameters to ensure accurate testing reporting for all clients.
- Under the direction of an ERISA Consultant, assist in the development and execution of cure strategies for failed tests and or in response to projected testing results.
- Prepare calculation of return of excess amounts and attributable earnings, QNEC QMAC, recharacterization of amounts to after tax or catch up as permitted by plan design.
- Maintain knowledge of current proposed regulations and understand impact to Voya practices.
- Assist in updating procedures, workflows and communications as needed.
- Support product development initiatives and process improvements efforts. Other duties as assigned
