Specialist - Total Rewards (Wealth Accumulation) - Hyderabad
Deloitte
Position Summary
Specialist, Rewards and Well-Being
The position supports the administration and compliance activities associated with the Deloitte US Firms Wealth Accumulation (Retirement) programs, consisting of 401(k) savings and profit-sharing defined contribution plans and cash balance defined benefit pension plans. The Specialist will assist with special projects, complex data remediation, process improvement, testing and overall operations support for Deloitte US defined benefit and defined contribution retirement plans. This is an India-based hybrid role supporting US stakeholders.
Work you'll do
As a Specialist, Rewards and Well-Being on the Total Rewards team, you will be responsible for:
- Supporting special projects across Wealth Accumulation programs, including compliance reviews, data clean-up initiatives, technology changes, automation efforts, and process improvement activities
- Performing participant and plan data reviews, including beneficiary updates, vesting analysis, eligibility review, and leave-related changes
- Supporting retirement benefit processing, reconciliations, quality control, tracking activities, invoices, and benefit payments for pension and defined contribution plans
- Executing user acceptance testing, documenting results, maintaining operational documentation, and updating standard operating procedures, job aids, trackers, and logs
- Analyzing data, resolving participant, vendor, and stakeholder inquiries, and communicating with India- and US-based stakeholders on time-sensitive deliverables
The Total Rewards team supports the firm’s commitment to providing a distinctively Deloitte experience that empowers professionals to thrive mentally, physically, and financially and care for their well-being. The team delivers a leading talent experience by monitoring benefits utilization, listening to leaders and professionals, and tracking market trends to continuously evolve Total Rewards offerings, support psychological health and well-being, ensure market competitive pay, and recognize and reward exceptional work.
Location: Hyderabad
Shift Timings: 2 PM to 11 PM
Qualifications
Required:
- Bachelor’s degree or equivalent in Human Resources, Business, Finance, Accounting, or a related field
- 3+ years of experience in US retirement benefits, US defined benefit pension plan administration, US defined contribution 401(k) plan administration, benefits operations, project management, or data analysis
- Experience supporting administration or compliance activities for US retirement plans
- Experience using Microsoft Excel, Word, PowerPoint, and Access for analysis, reporting, and documentation
- Written and verbal business English proficiency
- Experience working with confidential or sensitive information
- Experience creating or updating standard operating procedures, job aids, trackers, logs, or other operational documentation
- Experience with retirement administration systems, human resources information systems, or case management platforms
- Experience supporting work subject to Employee Retirement Income Security Act (ERISA) or Family and Medical Leave Act (FMLA) requirements
- Experience creating reports, presentations, or project materials for management stakeholders
Deloitte’s purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities.
Our people and culture
Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ways of thinking, ideas and perspectives, and bring more creativity and innovation to help solve our clients’ most complex challenges. This makes Deloitte one of the most rewarding places to work.
Professional development
At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India .
Benefits To Help You Thrive
At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.
Recruiting tips
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Requisition code: 365906