Retirement Plans Specialist
About the role
Retirement Plans Specialist
Westmont, IL ; Dallas, TX ; Raleigh, NC ; Boston,MA or Nashville, TN.
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.
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.
Bring your strategic finance expertise to a role that truly matters-apply today!
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". It's 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.
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Skills
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