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Immediate Hiring For Claims Process Associate

Immediate Hiring For Claims Process Associate

Sutherland

0 - 3 years

1 - 4 Lacs

bengaluru

Posted:1 day ago| Platform:

Apply

Skills Required

record keeping claims processing retairment loan processing

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities

Money-In Processing

Process contributions and transfers including rollovers, contract exchanges, force-outs, TOA, internal transfers.
• Handle loan payments, payoffs, rejects, and review/issue Letters of Acceptance. • Manage beneficiary deposits, CIP checks, POA validations, journaling, special plan, and unallocated account work.

Money-Out Processing

Process participant/beneficiary distribution requests: cash withdrawals, hardships, disaster relief, in-plan, rollovers out, QDRO, force-outs, RMDs, systematic withdrawals, and TOA.
• Process loans: new loans, loan offsets, payments, and payoffs. • Perform stop payments, reissues, corrective distributions, aged check processing, and annuitization steps.

Preferred candidate profile

401(k), 403(b), 457, IRA, LOSAP

Preferred Background

3+ years in Defined Contribution / Retirement Services operations
• Experience with participant transactions, distributions, rollovers, and tax correction work • Exposure to BPO, recordkeeping, brokerage, or plan administration environments

For more details reach out to

joel.joseph@sutherlandglobal.com

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