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INTRODUCTION

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.

ROLE AND RESPONSIBILITIES

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.

BASIC QUALIFICATIONS

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.

Bring your strategic finance expertise to a role that truly matters—apply today!

LOCAL BENEFITS

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.

If you believe this job posting is not compliant with applicable state pay transparency laws in the U.S., please notify the Company as soon as possible upon discovery by completing this form Job Posting Compliance Form.

COMPANY BOILERPLATE

Looking to make an IMPACT with your career?

When you are thinking about joining a new team, culture matters. At Schneider Electric, our values and behaviors are the foundation for creating a great culture to support business success. We believe that our IMPACT values – Inclusion, Mastery, Purpose, Action, Curiosity, Teamwork – starts with us.

IMPACT is also your invitation to join Schneider Electric where you can contribute to turning sustainability ambition into actions, no matter what role you play. It is a call to connect your career with the ambition of achieving a more resilient, efficient, and sustainable world.

We are looking for IMPACT Makers; exceptional people who turn sustainability ambitions into actions at the intersection of automation, electrification, and digitization. We celebrate IMPACT Makers and believe everyone has the potential to be one.

Become an IMPACT Maker with Schneider Electric – apply today!

€40 billion global revenue

+9% organic growth

150,000+ employees in 100+ countries

You must submit an online application to be considered for any position with us. This position will be posted until filled.

Schneider Electric aspires to be the most inclusive and caring company in the world, by providing equitable opportunities to everyone, everywhere, and ensuring all employees feel uniquely valued and safe to contribute their best. 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.

At Schneider Electric, we uphold the highest standards of ethics and compliance, and we believe that trust is a foundational value. 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.

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.