Sprinkle gelatine over water in small saucepan; let stand 2 minutes to soften. Cook on low heat until gelatine is completely dissolved, stirring constantly.
Pour into large bowl of electric mixer.
Add cream cheese; beat on low speed until well blended.
Add sherry, seasoned salt and pepper; mix well. Stir in crabmeat, pimientos and 2 Tbsp. of the parsley.
Pour into 3-cup ring mold. Refrigerate 4 hours or until set. Unmold onto serving platter.