Retirement Analyst

Power up a career with us. Our people are our greatest investments. 

 

Be the light to help us keep our customers connected.  If you are interested in a career and not just a position, Tampa Electric is the place to be! Tampa Electric offers competitive pay, a comprehensive benefits package and opportunities for growth and development in a friendly and professional work environment. We embrace diversity and the inclusion of all. We believe our differences, unique perspectives and talents are our strengths and integral to the success of our company.

 

We’re honored to serve approximately 780,000 customers across West Central Florida and safely provide them with clean, affordable and reliable electricity. We’ve been doing it for more than 100 years, and there’s so much more ahead.  

 

Join our team of energy experts as we build on that legacy through innovation, continued solar investments, cost-effective and sustainable energy solutions all while keeping top-notch customer service at the center of all we do. 

 

Tampa Electric is a subsidiary of Emera Inc., a family of energy companies which also includes TECO Peoples Gas and New Mexico Gas Company. Emera provides energy to residential and commercial customers in the United States, Canada, and the Caribbean, with career opportunities available in all of these locations. 

POSITION CONCEPT

The Retirement Analyst will provide analytical, operational, and compliance support for the retirement benefits program inclusive of defined benefit pension and defined contribution 401k plans ensuring compliance with ERISA, IRS and DOL regulations. Supports Tampa Electric Company (TEC) and People’s Gas Company (PGS).

 

PRIMARY DUTIES AND RESPONSIBILITIES

1. Plan Administration and Operations  40%

• • Administer and support defined benefit and defined contribution plans, including eligibility, contributions, distributions, and participant inquiries.
  • Coordinate day-to-day operations with actuaries, recordkeepers and third-party administrators.

1. Compliance & Governance 25%

• • Support regulatory compliance activities, including nondiscrimination testing, audits, and required filings.
  • Ensure adherence to ERISA, IRS, and DOL requirements across all retirement plans.
  • Maintain documentation and support internal and external audits and DOL Form 5500 filing.

1. Employee Experience & Communications 25%

• • Develop/deliver communications to improve employee understanding of retirement programs.
  • Support tools and resources to aid in retirement readiness.

1. Projects & Continuous Improvement 10%

• • Lead or support retirement-related projects such as plan changes, system enhancements, vendor management initiatives.
  • Identify opportunities to improve processes, streamline administration, and strengthen governance.

 

SUPERVISION

None

 

RELATIONSHIPS

Key Internal: Establish working relationships with all levels of team members within the company.  Provide interpretation to HR Business Partners.  Work with HRIS, payroll, healthcare accounting, corporate tax, and legal departments on a frequent basis to ensure plan specifics, validation, and compliance.

Key External: Communicate with active team members, retirees and beneficiaries.  Maintain relationships with service providers, actuaries, system programmers, internal/external legal counsel.

 

QUALIFICATIONS

 

Education          

Required: Bachelor’s Degree in Business Administration, Human Resources, or related area of study from an accredited institution.

        

Licenses/Certifications

Preferred: Society of Human Resources Manager (SHRM) Certification or MS/MA/MBA is highly desirable.

 

Related Experience

Required: 3 years of experience in an HR analytical role with focus on retirement plans (defined benefit and defined contributions plans). Experience working with re