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Genpact India Private Limited

GENPACT WALK-IN DRIVE FOR US RETIREMENTS-PUNE ON 20TH APRIL'24

Genpact India Private Limited

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2-7 Years
a month ago
147 Viewed
5 Applied

Job Description

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose the relentless pursuit of a world that works better for people we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Genpact Mega Walk-in Drive for Retirements, Pune on 20th April 2024

Date: 20th April 2024

Time: 12 PM - 2 PM

Location: Pune

Shifts: US Shifts

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

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 with minimum 2 years of relevant work experience
Basic understanding of retirement plans and regulatory requirements
Strong attention to detail and accuracy in data entry and record-keeping
Ability to work independently and collaboratively as part of a team
Good Written/Verbal Communication
E-mail Writing proficiency

Preferred Qualifications

Ability to be flexible and adapt to constantly changing priorities
Proficiency in retirement plan record-keeping systems and Microsoft Office applications.
Strong understanding of retirement plans, IRS regulations, and ERISA requirements.
Microsoft Office proficiency, especially Excel
Quality Lean/Process Improvement knowledge
Ability to work under pressure in a dynamic environment
Thirst for learning! Analytical thinking and ability to learn fast
Ability to be pro-active and to think creatively
Cultural Awareness in a diverse and international environment

Note: Please carry below documents with you:

1. 3 copies of updates resume

2. 3 Passport photographs

3. Original Aadhar card

4. 2 copies of Aadhar card

5. Payslip (if applicable)


Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com.

Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.

Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a starter kit, paying to apply, or purchasing equipment or training.
JOB TYPE
EDUCATION
Bachelor of Business Administration (B.B.A)Bachelor of Commerce (B.Com)
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Last Updated: 06-05-2024 06:19:11 PM
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