About Principal Global Services

Principal Global Services, based in Pune, Maharashtra, is a leading global financial services company with a strong presence in India. Established as a subsidiary of Principal Financial Group, a Fortune 500 company, Principal Global Services has carved a niche for itself in the financial services and technology industry.

With a mission to provide innovative solutions and exceptional services to clients worldwide, Principal Global Services plays a crucial role in supporting its parent company’s operations and serving its customers. The company leverages cutting-edge technology and a highly skilled workforce to deliver a wide range of services, including IT, finance, and customer service solutions.

What sets Principal Global Services apart is its commitment to fostering a culture of excellence, diversity, and inclusion. The company values its employees and provides them with opportunities for professional growth and development. This dedication to its workforce has earned Principal Global Services a reputation as an employer of choice in India’s competitive job market.

As a responsible corporate citizen, Principal Global Services also actively engages in corporate social responsibility initiatives, contributing to the well-being of the communities in which it operates. Through its philanthropic efforts and community involvement, the company strives to make a positive impact beyond its business operations.

In summary, Principal Global Services is a dynamic and forward-thinking organization that plays a vital role in the global financial services sector while also embodying a strong commitment to its employees and the community.

Job Title: Process Specialist – DB

Location: Pune, Maharashtra, India

Your Path to a Rewarding Career

Principal Global Services are seeking a dedicated Process Specialist – DB . If you’re looking for a role where your skills are valued, and you can make a difference, this opportunity might be just what you’re looking for.

Key Responsibilities:

• Process and review transactions on Pension Application forms within defined Service Level Agreements.
• Utilize available resources, including technical documentation, computer system application features, co-workers, and Subject Matter Experts.
• Analyze internal and external correspondence to determine appropriate actions required.
• Research and address CTT Question/Problem Useform inquiries, adhering to specified turnaround times.
• Provide consistent training to team members in utilizing available resources, procedures, and researching questions.
• Collaborate with trainers, fellow Subject Matter Experts, and other business partners.
• Perform manual defined benefit calculations, including benefit payouts, quotes, annuities, and rollovers.
• Investigate and resolve calculation problems, including balancing and reconciling accounting and recordkeeping entries for plan accounts.
• Interpret plan provisions to determine pension benefits and resolve Plan Sponsor or Participant questions and issues.
• Adhere to compliance, information security, internal and external statutory, and regulatory requirements.

Qualifications:

• Educational background in Mathematics and Statistics.
• Working knowledge of MS Office tools, especially MS Excel.
• Strong mathematical and reasoning skills.
• Minimum of 1-3 years’ experience in back-office operations.
• Preferred experience in the insurance and financial institution sector.
• Excellent written and verbal communication skills.
• Strong analytical and mentoring abilities, with a focus on ownership, accountability, multitasking, and effective decision-making.
• Good knowledge of the Finance domain and industry.

Competencies:

• Make sound business decisions.
• Embrace change.
• Build strong partnerships.
• Get results.
• Act strategically.
• Lead and cultivate talent.

Reporting Relationship:

This position will report to the Associate Manager – Operations. If you are ready to embark on a challenging and rewarding journey, we invite you to apply for this position and be part of Principal Global Services team committed to excellence. 

Click here to Apply

If you’re eager to explore unique job opportunities and kick-start your career journey, you’ve come to the perfect place! We understand the importance of finding the right match for your career goals. By clicking the link below, you’ll have access to a wide range of job positions that offer the opportunity to gain new skills, advance in your professional life, and make a meaningful impact in the industry.

Whether you’ve recently graduated, are contemplating a career change, or are taking your first steps into the professional world, our diverse array of roles and opportunities is thoughtfully designed to support your growth. Your future begins here, so don’t miss the chance to discover the exciting possibilities that await you.

Click now to explore job opportunities and embark on your journey toward success.