DB Benefits Administrator (Gurugram)

DB Benefits Administrator (Gurugram)

16 Oct
|
Empower
|
Gurugram

16 Oct

Empower

Gurugram

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.
Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Job Summary
The Benefits Administrator is responsible for supporting the administration of Defined Benefit (DB) pension plans in accordance with plan provisions, established procedures, and service-level standards. The role involves pension benefit calculations, pension payment processing, participant data management, payroll administration, and resolution of pension-related inquiries.
The position supports various aspects of pension administration,



with opportunities to specialize in either pension benefit calculations or pension payment operations, depending on business requirements.
What You Will Do
• Perform defined benefit pension calculations for retirement, death advantages, Qualified Domestic Relations Orders (QDROs), and Required Minimum Distributions (RMDs), in accordance with plan provisions.
• Review and process pension payment-related tasks, ensuring accuracy, completeness, and compliance with established procedures.
• Support pension payment processing, validation, reconciliation, corrections, and exception handling across applicable trust and payment platforms.
• Review plan provisions, participant information, and supporting documentation to ensure accurate benefit calculations and payment processing.
• Maintain participant records, pension data, payroll information, and plan-related documentation.
• Research

📌 DB Benefits Administrator (Gurugram)
🏢 Empower
📍 Gurugram

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