Director, Global Retirement Plans & Strategy

McCormick & Company; Cockeysville (MD); Hybrid; USD 161,000 - 273,000; Full time

Benefits offered by this job

Competitive compensation

Flexibility and Support for Diverse St

Total Rewards programs including 401(k

Health insurance

Job summary

McCormick & Company, a global leader in herbs, spices, seasonings and condiments, is seeking a Director of Global Retirement Plans at our Hunt Valley, Maryland headquarters in a hybrid (50/50) role.

You will provide strategic leadership for global retirement programs, oversee governance, funding and investment strategies, and drive integration activities related to mergers, with cross‑functional collaboration.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Finance, Economics, Statistics, or related field.
• ASA, FSA, or equivalent qualified actuary designation.
• Significant progressive experience in pension consulting, actuarial services, corporate retirement plans, or related financial roles.
• Deep expertise in defined benefit plan valuation, funding, accounting, asset‑liability management, investments, and actuarial risk management.
• Experience with global or multi‑country retirement programs, including regulatory, tax, accounting, and governance considerations.
• Experience overseeing external actuarial consultants and evaluating complex technical analyses and recommendations.
• Demonstrated success leading complex transactions, integrations, plan transitions, or large‑scale transformation initiatives.
• Strong understanding of pension financial reporting, actuarial valuations, audits, and fiduciary or board‑level reporting.

Responsibilities

• Lead McCormick’s retirement plan integration activities, partnering with external advisors and cross-functional internal teams.
• Coordinate key decisions, milestones, risks, and communications to support plan readiness and transition.
• Review and guide recommendations related to plan design, funding, assumptions, governance, data, vendors, and implementation.
• Provide progress updates, issue escalation, and recommendations to leadership.
• Establish and maintain a consistent governance framework for global retirement plans, including policies, committee support, decision rights, and monitoring.
• Develop retirement plan strategies that balance employee needs, market competitiveness, financial stewardship, and risk management.
• Advise senior leadership and plan fiduciaries on significant retirement plan matters.
• Oversee pension funding, contribution forecasting, liquidity planning, and financial risk management in partnership with Finance and Treasury.
• Monitor investment strategy, asset allocation, manager performance, fees, funded status, and key plan risks with fiduciaries and external investment advisors.
• Evaluate de-risking and pension risk‑transfer opportunities, as appropriate.
• Lead pension forecasting, actuarial assumptions, accounting, disclosures, and audit support for quarterly, annual, and statutory reporting.

Skills

Leadership

Strategic thinking

Stakeholder management

Communication

Education

Bachelor’s degree in Actuarial Science, Mathematics, Finance, Economics, Statistics, or related field

ASA, FSA, or equivalent qualified actuary designation

Job description

McCormick & Company, a global leader in herbs, spices, seasonings and condiments, is seeking a Director of Global Retirement Plans at our Hunt Valley, Maryland headquarters in a hybrid (50/50) role.

You will provide strategic leadership for global retirement programs, oversee governance, funding and investment strategies, and drive integration activities related to mergers, with cross‑functional collaboration.