Spring Cloud: Using REST template gives HttpRequestLoadBalancerRequest not found exception

Question

I am using Spring Boot and want to use load balancer aware REST template. For this I created a Bean as follows

@LoadBalanced
    @Bean
    public RestTemplate getRestTemplate(){
        return new RestTemplate();
    }

And created a REST client as follows:

@Component
public class EmployeeRestTemplateClient {
    
    @Autowired
    RestTemplate restTemplate;
    
    public EmployeeResponseEntity getEmployeeByCode(String code) {
        ResponseEntity<EmployeeResponseEntity> restExchange = restTemplate.exchange(
                "http://employee/code/{code}", 
                HttpMethod.GET,
                null,
                EmployeeResponseEntity.class,
                code
        );
        return restExchange.getBody();
    }
} 

I am using this REST client in my service to get data from another service. But when I hit the REST endpoint I get below exception

java.lang.ClassNotFoundException: org.springframework.cloud.client.loadbalancer.HttpRequestLoadBalancerRequest

I have the following dependency in my pom.xml file

<dependency>
            <groupId>org.springframework.cloud</groupId>
            <artifactId>spring-cloud-starter-netflix-eureka-client</artifactId>
            <version>3.1.2</version>
        </dependency>
        <dependency>
            <groupId>org.springframework.cloud</groupId>
            <artifactId>spring-cloud-starter-loadbalancer</artifactId>
            <version>3.1.3</version>
        </dependency>

What am I missing?