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    Senior Associate - Retirement Benefits

    Cognizant
    San Ramon, CA 94582
    Full-time, Part-time
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    Job Description

    Senior Associate - Benefits, US Retirement Plans Position Summary: The ideal candidate will have strong communication and excel skills and a minimum of two years of retirement plan administrative background in 401(k) plans. Have the ability to keep track of and manage multiple concurrent deadlines related to our retirement plans and those of the companies we acquire. Location: San Ramon, CA Essential Duties and Responsibilities: Respond to plan sponsor's requests for information on the 401(k) and CSRP Plans Communicate with candidates/hires on their 401(k) Plan eligibility, contribution and distribution rules Manage Participant loan processes Review and approve new loans Maintain the annual loan log up to date with applicable data Monitor and review delinquent loans Communicate/Provide customer service with associates on related communications Handle reporting of closed loans Host annual Education 401(k) Webinars Schedule and handle associate inquiries Review paperwork for death claims and hardship withdrawals Confirm beneficiary(ies) Review completed paperwork for accuracy Track and report global dates of termination for associates with 401(k) accounts Update weekly agenda for calls between 401(k) team and 401(k) vendor Gather and report analytical and utilization Update work Information reports on acquired entities as received Manage the daily intake of correspondence Assist with reviewing returned mail Qualifications: Bachelor's degree and 2-5 years of work-related experience Advanced knowledge of Microsoft Office Application; specifically Excel and PowerPoint Strong understanding of US Retirement Plans and participant qualified plans
    Posting ID: 562493497Posted: 2020-08-03