Job Description
Schedule Drive for Retirement Plan Services on 1st Feb 2020 in Hyderabad
Date of the Interview : 1st Feb 2020,
Time : 10:00am to 4:00pm
Kindly report to us after your arrival at below address.
Contact Person : Tejas
Venue: Mphasis Ltd , 12th Floor, Building No. 12c, Mindspace, Raheja IT Park, HI-Tech City, Madhapur, Hyderabad – 500081.
Minimum experience of 1 year in Retirement Services expertise along with knowledge required in one or more of following:
1. Defined Benefits Operations (Eg – Benefits calculations, Benefits Review), Benefits Calculation for Retirement, Termination, Disability, Death, Divorce. Proficiency in MS Excel and experience in performing manual calculations
2. ERISA Compliance – US Retirement Plan Testing (ADP & ACP Testing, Corrective Distribution) & Reporting experience. Form 5500 responses to auditor questions
3. Money In and Loans
a) Must have experience in handling money in & Loan related activities, i.e. Check processing, contribution, loan initiation, Loan repayments , reamortization etc.
4. Disbursements: Distributions/Disbursements such as Hardship withdrawals, QDRO, RMD, In-service distributions, loans or experience in processing 401K contribution, loan repayments etc.
Industry certifications (ASPPA RPF) will be added advantage
Data Entry & Quantitative Decision Making
Regularly displays the concepts of teamwork, accountability and prioritization.
Makes decisions within guidelines, balancing risk and service needs, seeking assistance from manager as necessary
Understanding of business rules
Understanding task requirements
Handling tasks and providing resolution within TAT
Staying current with knowledge of products/ processes & services offered by the client
Ensure full adherence to all the quality parameters.
Ensure 100% adherence to schedule.
Meet & Exceed defined targets”
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