Process Developer (CT)

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.     

Inviting applications for the role of Associate / Process Developer – Retirement function

Responsibilities •    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.

Qualifications we seek in you! Minimum Qualifications •    Bachelor’s degree in commerce or equivalent field •    Basic understanding of retirement plans and regulatory requirements •    Strong attention to detail and accuracy in data entry and record-keeping

Preferred Qualifications/ Skills

•    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.

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. 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.