Senior Pension Consultant (Open to Remote)

About the position Cargill's size and scale allows us to make a positive impact in the world. Our purpose is to nourish the world in a safe, responsible and sustainable way. We are a family company providing food, ingredients, agricultural solutions and industrial products that are vital for living. We connect farmers with markets so they can prosper. We connect customers with ingredients so they can make meals people love. And we connect families with daily essentials — from eggs to edible oils, salt to skincare, feed to alternative fuel. Our 160,000 colleagues, operating in 70 countries, make essential products that touch billions of lives each day. Join us and reach your higher purpose at Cargill. This role will be based in Wayzata, Minnesota and is open to remote in the US.

Responsibilities

• Oversees reviews and updates of U.S. retirement programs, including vendor coordination and communication.
• Ensures integration of plan design and strategy during organizational transactions such as mergers and acquisitions, divestitures and joint ventures.
• Develops and delivers communications related to U.S. retirement benefits to key stakeholders (plan participants, business leaders, HRBPs, HR Ops, etc.).
• Resolves complex inquiries and issues regarding the company's pension programs, policies, and processes, ensuring a positive employee experience.
• Designs and develops U.S. retirement benefit programs that are competitive and cost efficient considering cross-functional implications (Finance, Legal, ER/LR, Tax, IT, etc.).
• Performs periodic benchmarking analysis against industry data to identify potential design improvements and to ensure programs remain competitive and employee attractive in alignment with the organization's total rewards strategy, while managing risk appropriately.
• Contributes to the development and implementation of the organization's U.S. retirement program strategy, including financial wellbeing.
• Conducts comprehensive analysis and develops business cases to support plan design and vendor decisions, partnering with the business and key stakeholders, and maintaining an inventory to assist with queries, reporting and analytics.
• Partners with Treasury, Procurement, HR Ops, and Total Rewards Advisory to manage vendor relationships, conduct RFPs, and support contract negotiations.
• Collaborates with Finance to support U.S. GAAP accounting, funding, expense and budget requirements.
• Collaborates with Treasury and the Pension Investment Committee to develop financial risk management strategies (e.g. investment policy, plan termination, liability buy-in/out, etc.).
• Collaborates with HR Ops to implement plan design and vendor changes, and to ensure a seamless employee experience.
• Partners with Legal to develop and maintain policies and procedures to ensure U.S. retirement programs are in compliance with U.S. legal requirements and internal standards.
• Recommends program improvements based on emerging regulatory trends and best practices.
• Draws insights from employee research and data analytics to assess retirement program effectiveness.
• Recommends and implements design enhancements to better align with employee needs and the organization's total rewards strategy.
• Partners with external vendors and internal cross-functional teams to stay updated on the latest technologies, tools and methodologies.
• Identifies opportunities to modernize delivery and enhance the employee experience.

Requirements

• Minimum requirement of 4 years of relevant work experience with strong technical knowledge of U.S. retirement benefits.
• Typically reflects 5 years or more of relevant experience in the field.
• Demonstrated analytical and problem-solving skills with the ability to handle multiple tasks and projects simultaneously.

Nice-to-haves

• In-depth technical knowledge of U.S. retirement plans, including relevant legal and tax regulations.
• More than 5 years of experience in the U.S. retirement benefits field is preferred.
• Strong cross-functional influencing and collaboration skills (HR, Finance, Legal, Tax, vendor relationships, etc.).
• Ability to communicate complex technical retirement matters effectively at all levels of the organization, internally and externally.
• Proven project management capabilities, with a proactive, solution-oriented mindset and keen commitment to drive continuous improvements with little supervision.
• Ability to work in a team environment as well as independently.
• SOA accreditation or active progress toward accreditation is preferred.

Benefits

• Paid time off
• Paid holidays
• Medical coverage
• Vision coverage
• Dental coverage
• Flexible spending accounts
• Life insurance
• Disability insurance
• Retirement savings
• Employee and family assistance program (EAP)

Apply tot his job Apply To this Job