Our Ability Jobs

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.

Location

Position is based in Wayzata, Minnesota.

Job Purpose and Impact

The Director of Global Retirement Benefits Design and Strategy will be responsible for the design, strategy & financial risk management of employee retirement programs worldwide. In this role, you will evaluate current market analysis and trends to ensure plans remain competitive and aligned to our HR strategy and business requirements. You will partner with HR Ops, Legal, Tax, Employee Relations, Treasury, and external vendors to ensure plans are operationally efficient and compliant while managing financial risk appropriately. You will also manage vendor relationships, develop retirement plan design solutions in support of union negotiations and business transactions (Mergers, Acquisitions, Divestitures, and JVs), and support employee communications.

Key Accountabilities

• Manage compliance, design, strategy, governance, and financial risk management of Cargill's global defined benefit and defined contribution plans

• Complete periodic market data analysis and adjust design and strategy, accordingly, ensuring programs attract and retain key talent while supporting our business and managing risk appropriately

• Develop recommendations, provide consultation, and support implementation of retirement design changes and financial risk management initiatives, balancing business needs, employee experience, attraction and retention, operational efficiency, and Finance, Legal, ER/IR, and Tax implications

• Develop business cases to support plan design and vendor changes, partnering with the business and key stakeholders on retirement plan initiatives

• Develop employee communications, provide retirement plan briefings to Leadership/Executive teams and Pension Committees/Boards, FRMC

• Partner with Treasury, procurement, and HR Ops to manage vendor relationships, conduct RFPs, support contracting process, manage costs, and approve/allocate vendor payments

• Collaborate with Finance to support retirement plan US GAAP/Local accounting requirements, expense and funding forecasting

• Collaborate with Treasury and Pension Investment Committee to develop financial risk management strategy of Cargill's retirement programs (e.g. investment strategy, plan termination, liability buyout, optimization of DB plan surplus)

• Collaborate with MADJV team to develop retirement plan solutions to support business transactions (e.g. mergers, acquisitions, divestitures, JVs)

• Collaborate with HR Ops to implement plan design and vendor changes, and to ensure a seamless employee experience

• Adapt departmental plans and priorities to address resource and operational challenges

• Analyze data to inform personnel decisions

• Guarantee adherence with laws and company policies.

• You will provide strategic leadership, development, and talent management for direct reports and their organization, which may include forecasting resource needs, recruiting, hiring, performance management, training, and budgeting. You will also coordinate subordinate managers and supervisors in selecting staff to align with current and future needs of the organization

• Other duties as assigne

Qualifications

Minimum Qualifications

• Bachelor's degree in a related field or equivalent experience

• Minimum of eight years of related work experience, five years of supervisory experience

Preferred Qualifications

• Actuarial accreditation

Additional Information

Compensation

The expected salary for this position is $190-$215K. This position is eligible for a discretionary incentive award. The incentive award amount is dependent upon company performance and your personal performance.

Benefits

Full-Time (30+ hours) positions are eligible for a benefit package including the following (subject to certain collective bargaining agreements for Union positions): Paid time off; paid holidays; medical, vision, and dental coverage; flexible spending accounts; life insurance; disability insurance; retirement savings; employee and family assistance program (EAP)

Equal Opportunity Employer, including Disability/Vet.

Minnesota Sick and Safe Leave accruals of one hour for every 30 worked, up to 48 hours per calendar year unles otherwise provided by law.