Director, US and PR Retirement Benefits Job at Colgate-Palmolive Company, New York, NY

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  • Colgate-Palmolive Company
  • New York, NY

Job Description

No Relocation Assistance Offered
Job Number #167201 - New York, New York, United States

Who We Are

Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specializing in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition. Our products are trusted in more households than any other brand in the world, making us a household name!

Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet. Guided by our core values—Caring, Inclusive, and Courageous—we foster a culture that inspires our people to achieve common goals. Together, let's build a brighter, healthier future for all.

Global Total Rewards; Director, US and PR Retirement Benefits

At Colgate, we recognize the importance of an employee benefits offering as part of a comprehensive Total Rewards package. The Director, US and Puerto Rico Retirement Benefits will ensure that we fulfill this mission by designing and managing the operation of our savings and pension qualified and non-qualified plans, and our financial education program.  You will be responsible for all aspects of design and delivery, including strategy, plan design, compliance, administration, risk management, vendor management, change management, and communications, incorporating our caring values and commitment to excellence.  You will work closely with Colgate team members responsible for our health and insurance programs, legal counsel, senior leadership, payroll, finance, HR business partners and external vendors and engage with employees and retirees..  

Responsibilities:

  • Manage and provide strategic direction for the design and management of both qualified and non-qualified defined contribution and defined benefit plans for US, Puerto Rico, and global expatriates – plan liabilities of $5 billion

  • Evaluate marketplace practices and competitive trends in benefit coverage to deliver a benefits package that align with corporate strategies and attract, motivate and retain talent

  • Responsible for delivery and administration of retirement benefits, managing a number of vendors and internal processes, utilizing in-depth technical knowledge of defined contribution and defined benefit plans with a focus on best in class customer service, accuracy, compliance, governance, risk mitigation (including cybersecurity matters) and efficiency

  • Manage related vendor contracts partnering with legal and procurement resources

  • Develop communications which attract, engage and retain employees

  • Manage an effective, inclusive financial wellbeing program

  • Maintain internal process documentation, plan records, historical information

  • Manage plan documents, regulatory filings, disclosures, audit processes, related policies, SPDs to ensure compliance with applicable laws and regulations in partnership with Finance partners and internal and external counsel 

  • Use data and multiple information sources to support an analytical approach to decision making, strategy and communications

  • Manage proposal process for related vendors

  • Lead retirement plan harmonization projects for acquisitions

  • Prepare and lead presentation of applicable materials for the benefit plan administrative committee

  • Oversee the work deliverables of and develop the retirement benefits team

  • Partner closely with key stakeholders such as Legal, Finance, Tax, Payroll, HRBPs and Internal Communications to ensure efficient plan administration and excellent customer service to employees

  • Lead all aspects of multi-stakeholder projects to implement all types of retirement plan benefit changes

  • Participate in and align with international retirement strategy and delivery

  • Partner with the Compensation group to ensure a "total rewards" employee experience

REQUIRED QUALIFICATIONS:

  • 15+ years of experience in U.S. retirement benefits either within consulting or corporate organization

  • Bachelor’s degree

  • Extensive knowledge of ERISA, IRS, DOL, and other federal and state regulations related to retirement plans.

  • Proven experience with vendor management, plan design, customer service, plan governance, and compliance. 

  • Very strong proficiency in Microsoft and/or Google tools particularly with MS Excel/Google Sheets

PREFERRED QUALIFICATIONS:

  • Comfortable with ambiguity and uncertainty; the ability to adapt nimbly and lead others through complex situations

  • Professional certifications such as CEBS, ASPPA, or relevant credentials 
  • Ability to continually exercise judgement in prioritizing and managing both day to day work and strategic initiatives in a fast paced environment 

  • Executive presence with the ability and credibility to present ideas and recommendations at all levels within the organization 

  • Analytical/Decision Making ability to address complex problems and all related considerations, including compliance, administration, fit with strategy, employee perception

  • Excellent project management, analytical, critical thinking, collaboration, and communication skills (oral and written).
  • Familiarity with HR and Benefits administration systems


Compensation and Benefits
Salary Range $185,000.00 - $215,000.00 USD

Pay is determined based on experience, qualifications, and location. Salaried employees may also be eligible for discretionary bonuses, profit-sharing, and long-term incentives for Executive-level roles.

Benefits: Salaried employees enjoy a comprehensive benefits package, including medical, dental, vision, basic life insurance, paid parental leave, disability coverage, and participation in the 401(k) retirement plan with company matching contributions subject to eligibility requirements. Additional benefits include a minimum of 15 vacation/PTO days (hourly employees receive a minimum of 120 hours) and 13 paid holidays (vacation days are prorated based on the employee's hire date within the calendar year). Paid sick leave is adjusted based on role and location in accordance with local laws. Detailed information regarding paid sick leave entitlements will be provided to employees upon hiring and may be subject to adjustments based on changes in legislation or company policies.

Our Commitment to Inclusion
Our journey begins with our people—developing strong talent with diverse backgrounds and perspectives  to best serve our consumers around the world and fostering an inclusive environment where everyone feels a true sense of belonging. We are dedicated to ensuring that each individual can be their authentic self, is treated with respect, and is empowered by leadership to contribute meaningfully to our business.

Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.

Reasonable accommodation during the application process is available for persons with disabilities. Please complete this request form should you require accommodation.

For additional Colgate terms and conditions, please click here .

#LI-Hybrid

Job Tags

Hourly pay, Holiday work, Local area, Relocation,

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