Retirement Plans Specialist

Schneider Electric; United States; Hybrid; USD 102,000 - 152,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Paid time off

Holidays

Flexible work arrangements

401(k) with match

Paid family leaves

Volunteer leave

Job summary

Schneider Electric is seeking a Retirement Plans Specialist to oversee governance, administration and compliance of US and Canadian retirement programs. You will coordinate audits, regulatory filings and vendor relationships while ensuring a great participant experience.

The role supports pension plan governance, annual audits, and regulatory filings, working with TPAs, actuaries and regulators to maintain compliance and performance. Hybrid work options are available in multiple US hubs.

Qualifications

• Bachelor's degree in Finance, Accounting, HR, Business Administration, or related field.
• CEBS certification preferred.
• 5+ years in pension administration, retirement plan compliance, or governance.
• Familiarity with Canadian pension plan administration and regulations.
• Experience coordinating audits and regulatory filings for retirement plans.
• Experience working with TPAs, actuaries, auditors and regulators.

Responsibilities

• Manage ongoing administration of US and Canadian defined benefit pension plans.
• Liaise with TPAs to ensure accurate, timely pension benefit administration.
• Oversee participant experience and service delivery for pension members.
• Coordinate wind-up and termination activities with providers and regulators.
• Lead annual audits of US pension and 401(k) plans with external auditors.
• Support Canadian pension audits in partnership with Canada Finance and auditors.
• Prepare Form 5500, SARs, PBGC filings and other regulatory submissions.

Skills

Pension administration

Regulatory filings

Audit coordination

Vendor management

Stakeholder liaison

Education

Bachelor's degree in Finance, Accounting, HR, or Business Admin

CEBS certification preferred

Job description

Schneider Electric has a hybrid opportunity for a Retirement Plans Specialist in one of the following hub locations: Chicago, IL ; Dallas, TX ; Raleigh, NC ; Boston,MA or Nashville, TN.

The Retirement Plans Specialist is responsible for aspects of the governance, administration, compliance, and financial oversight of the Company's U.S. and Canadian retirement benefit programs. This role manages pension administration activities, annual audits, regulatory filings, and third-party vendor relationships to ensure compliance with applicable legislation and regulatory requirements. The position serves as a key liaison between internal stakeholders, external auditors, actuarial consultants, trustees, and third-party administrators, while supporting an exceptional participant experience for plan members. The position also facilitates and completes certain regulatory filings for U.S. health and welfare benefit plans.

Key Responsibilities

Pension Plan Administration and Governance

• Manage the ongoing administration of U.S. and Canadian defined benefit pension plans.
• Serve as the primary liaison with third-party administrators (TPAs) to ensure accurate and timely administration of pension benefits.
• Oversee participant experience activities for defined benefit pension plan members, including issue resolution and service delivery monitoring.
• Support pension plan wind-up and termination activities, including coordination with service providers, legal counsel, and regulatory agencies as required.

Financial Audits and Reporting

• Lead the annual financial audits of U.S. pension and 401(k) plans, coordinating activities with external auditors, trustees, and service providers.
• Facilitate annual financial audits of Canadian pension plans in partnership with Canada Finance, service providers and external auditors.
• Support the annual corporate audit by providing retirement plan-related financial information, documentation, and audit support.

Regulatory Compliance and Filings

• Facilitate the preparation, review, submission and distribution of Form 5500 filings and Summary Annual Reports (SARs) for U.S. retirement and benefit plans.
• Manage the preparation and completion of other U.S, pension compliance items including Pension Benefit Guaranty Corporation (PBGC) premium filings and Annual Funding Notices.
• Manage and submit provincial regulatory filings for Canadian pension plans, including Annual Information Returns (AIRs), Pension Benefits Guarantee Fund (PBGF) assessments, contribution and funding reports, pension plan financial statements, and Statements of Investment Policies and Procedures (SIPPs)
• Prepare, review and submit required filings for U.S. health and welfare plans, including CMS Retiree Drug Subsidy (RDS) applications and reconciliations, Prescription Drug Data Collection (RxDC) reporting, Medicare Part D disclosures, and Gag Clause Prohibition Compliance Attestations.

Risk Management and Vendor Oversight

• Support the annual renewal process for Pension Trust Liability Insurance.
• Maintain effective internal controls and documentation supporting retirement plan governance and compliance activities.

Qualifications Requirement

Educational

• Bachelor's degree in Finance, Accounting, Human Resources, Business Administration, or related field required.
• Professional certifications such as CEBS preferred.

Experience

• 5+ years of experience in pension administration, retirement plan compliance, benefits governance, or a related field.
• Experience managing U.S. qualified retirement plans, including defined benefit and 401(k) plans.
• Familiarity with Canadian pension plan administration and regulatory requirements.
• Experience coordinating financial audits and regulatory filings for retirement benefit plans.
• Experience working with third-party administrators, actuaries, auditors, and regulatory agencies.

At Schneider, we believe that every employee is a talent who deserves equal opportunities. This means you matter. Every individual needs to feel valued, supported, and treated fairly to do their best work.

Our Total Rewards is our way of saying: "We see you. We value you". Its more than just pay and benefits- it's a meaningful investment in you. It is designed for you to perform, grow, feel safe, and elevate your potential to shine as an impact maker.

For this U.S. based position, the expected pay range is USD 101,600 - USD 152,400 per year. This pay range includes base pay and short-term incentives. The compensation range for this full-time position applies to candidates located within the United States. Our pay ranges are determined by reviewing roles of similar responsibility and level. Within the pay range, individual pay is determined by several factors including performance, knowledge, job-related skills, experience, and relevant education or training.

Schneider Electric is there when it matters most to you

Our Total Rewards package outlines all the benefits and support you’ll enjoy as part of the Schneider Electric team:

Care for Yourself and Your Family. We ensure you feel secure with benefits that help you and your family thrive: medical (with member reward points), dental, vision, and basic life insurance, Benefit Bucks, flexible work arrangements, paid family leaves, well-being programs, 12 holidays per year, and 15 days of paid time off per year.

Invest and Plan Your Future. We help you plan and invest for the future with competitive pay and programs including base salary, incentives, company share ownership, and 401(k) with match.

Grow Your Skills and Career. We support development through performance discussions, global opportunities, the Schneider Career Hub, and learning platforms like Coursera.

Team Up in the Workplace. We encourage collaboration, recognition, sharing your voice, and an inclusive workplace.

Support Your Community. We make a difference through volunteer leave, programs with the Schneider Electric Foundation, youth education initiatives, and military leave benefits.

We find out more about our Trust Charter is our Code of Conduct and demonstrates our commitment to ethics, safety, sustainability, quality and cybersecurity, underpinning every aspect of our business and our willingness to behave and respond respectfully and in good faith to all our stakeholders. You can find out more about our Trust Charter here

Schneider Electric is an Equal Opportunity Employer. It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, color, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status or any other legally protected characteristic or conduct.

We mirror the diversity of the communities in which we operate, and 'inclusion' is one of our core values.

We mirror the diversity of the communities in which we operate, and 'inclusion' is one of our core values. We believe our differences make us stronger as a company and as individuals and we are committed to championing inclusivity in everything we do.

Schneider Electric is an Equal Opportunity Employer. It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, color, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status or any other legally protected characteristic or conduct.

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150 000+ employees in 100+ countries