Job Family

Regulatory Compliance

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Who We Are

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.

Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

What We Do

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.

Job Description Summary

Provide leadership and subject matter expertise on statutory and regulatory guidelines for ERISA, Internal Revenue Code, qualified plans, Section 403(b) plans, Section 457 plans, multiple employer plans, corporate non-qualified plans, and Section 72 annuities. Represent the department on special projects and task forces. Serve as a subject matter expert on Transamerica policies and procedures.

Job Description

Responsibilities

Work with clients and client counsel, consultants, agents, brokers, and third party administrators to identify and resolve plan compliance and fiduciary issues.
Propose and implement best practice for ERISA and IRS compliant plan administration.
Provide expert advice to internal administration teams on the impact of new legislation; support the development of new products, services, and processes.
Research and analyze regulatory guidance from the IRS, DOL, SEC and other applicable agencies, along with new legislation impacting defined contribution plans.
Review and prepare plan analyses for new and existing clients, including issue identification, consulting on issue resolutions, best practices and preparation of client communications, plan forms, and participant communications.
Provide regulatory consulting services to key clients, including drafting regulatory communications for client meetings tailored to the client’s needs in all aspects of retirement plan administration.
Provide regulatory consulting services to Client Executives, Sales staff, operational areas and the Transamerica management team.
Draft regulatory communications for plan sponsors and internal colleagues and represent the Regulatory Support group on projects and internal meetings, such as support for Plan Services, plan consultants, compliance testing, Reporting/Disclosure Unit, Retirement Consulting group and Client Integration team.
Provide plan design support and assistance related to Transamerica’s volume submitter and individually designed plan documents, internally and externally.
Provide primary consulting and coordination role for IRS EPCRS voluntary compliance submissions for clients and their counsel; interact with the IRS as necessary.
Guide and mentor to the Regulatory Support group; participate in formulation of department strategy.
Represent the Regulatory Support group in new product development.
Identify, develop and deliver regulatory training programs for Transamerica employees.
Maintain a high level awareness of ongoing developments in the retirement plan industry.
Act as Regulatory Support project manager for special projects.
Provide regulatory risk management internally and externally.
Perform research on behalf of (and advise) Client Issues Committee regarding IRS/DOL requirements for correction of plan operational violations.

Qualifications

Juris Doctor or Bachelor’s degree in a relevant business field, or equivalent experience
15 years of retirement industry experience in legal, compliance, or relevant area
Hold two or more retirement plan designations (e.g. ERPA, ASPPA, CPA, TCPC, ERPA, CEBS, IRS Enrolled Agent)
Expert knowledge of legal requirements for qualified plans, section 403(b) plans, Section 457 plans, multiple employer plans, corporate non-qualified plans, IRA and Section 72 annuities and ERISA.
Significant experience working with client senior human resources, benefits representatives, and senior level management
Ability to independently research, analyze and interpret IRS and DOL regulations and defined contribution legislation
Advanced communication skills (verbal, written, listening) with the ability to influence others and convey complex, regulatory legal rules and requirements in layman terms
Advanced problem resolution skills, with an emphasis on analysis, formulation and documentation of recommendations; ability to develop alternative solutions to complex situations
Organization/time management skills to handle multiple projects simultaneously.
Project management experience
Leadership and team building skills to contribute to the success of department goals and objectives.

Preferred Qualifications

Advanced degree (e.g. MBA, LLM in Taxation)

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**

The Salary for this position generally ranges between $110,000-$140,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

Worried about not having every single qualification listed? It’s okay. If it’s a role you’re interested in, we encourage you to apply. Employees who enjoy their jobs are one of our favorite things.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

Competitive Pay
Bonus for Eligible Employees

Benefits Package

Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities

Health and Work/Life Balance Benefits

Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
College Coach Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Transamerica’s Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.

* As of December 31, 2023