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Job Details

Primary Location:

Bangalore, KA IN

Schedule:

Full-time

Job Level:

Individual Contributor

Education Level:

Bachelor's Degree (±16 years)

Job ID:

1802571

Job Description

Specialist- Operations Processing

Business Unit Overview
 
Defined Benefits, Health & Welfare Operations and Implementations group supports our business partners in the US in servicing corporate / institutional customers in benefits administration vertical. This involves moving the customers to the Fidelity platform and supporting their on-going record-keeping needs. This is done through a series of processes, both technical and non-technical, that helps a customer to use our products and services.  The Defined Benefits arm of Fidelity provides administration services to many organizations in the US. This service offering is a part of Fidelity's total benefit outsourcing business.
 
Role Description
 
  • Associate will be responsible for accurate and timely calculation of pension of low to high complex work.
  • Associate must learn and process financial transactions on client database.
  • Work closely with upstream and downstream processes for the overall service to the end client / participant.
  • Send out projection calculation of retirement benefits and forms to participants on request
  • Processes final calculation once the participant/ beneficiary decide to commence his/her benefits and the forms are processed by retirement initiation team
  • Calculate and review pension benefits for plan participants
     
    Candidate Description
     
  • Excellent logical reasoning and analytical thinking
  • Good MS Office skills
  • US Defined Benefits knowledge is preferred
     
     
    Behavioral Attributes
     
  • Excellent communication skills and ability to interact with all levels of end users and technical resources
  • Strong attention to detail and independent judgment
Education and Experience
 
  • Graduate in any stream
  • Minimum 2 years of experience in a research and resolution process/ pension or insurance/underwriting services or related financial process experience is mandatory
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