Transamerica

Senior Regulatory Compliance Analyst (Group Life & Health)

Transamerica • $80K — $90K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, legal studies, risk management, compliance or related field
  • 5+ years of regulatory compliance, insurance, and/or relevant experience
  • 2+ years in insurance or financial services compliance functions
  • Experience collaborating with various business units to enhance compliance practices
  • Knowledge of state insurance, ERISA, DOL, and other regulatory requirements
  • Strong analytical skills to interpret complex regulatory information
  • Excellent communication skills for diverse audiences
  • Proficiency in Microsoft Office tools

Responsibilities

  • Own regulatory change initiatives and compliance projects from start to finish.
  • Review business processes and controls for regulatory adherence.
  • Research and analyze laws and regulations to assess organizational impact.
  • Identify risks and recommend enhancements to compliance controls.
  • Coordinate state regulatory filings and manage submission processes.
  • Document compliance procedures and coordinate follow-up actions.
  • Draft and maintain compliance documentation and reports.

Benefits

  • Competitive Pay
  • Bonus for Eligible Employees
  • Pension Plan
  • 401k Match
  • Employee Stock Purchase Plan
  • Tuition Reimbursement
  • Disability Insurance
  • Medical, Dental, and Vision Insurance
  • Employee Discounts
  • Career Training & Development Opportunities
  • Paid Time Off starting at 160 hours annually
  • Ten paid holidays per year
  • Holistic wellness program with coaching and rewards
  • Fifteen days of paid parental leave
  • Adoption Assistance
  • Employee Assistance Program
  • Back-Up Care Program
  • PTO for Volunteer Hours
  • Employee Matching Gifts Program
  • Inclusion and Diversity Programs
  • Employee Recognition Program
  • Referral Bonus Programs
Full Job Description
Job Family
Regulatory Compliance

Job Description Summary
Contribute to an effective compliance program by mitigating legal, regulatory, operational, and reputational risk by applying broad regulatory compliance knowledge to perform complex assignments, identify issues and trends, communicate findings and recommend practical enhancements that strengthen compliance controls and business practices.

Job Description

Responsibilities:
  • Own assigned regulatory change initiatives and compliance projects from planning through completion.
  • Perform reviews of business processes, controls, policies, products and services to assess adherence to applicable regulatory requirements and company standards.
  • Research, analyze, and interpret current, new, and proposed laws, regulations, bulletins, regulatory guidance, and internal policy changes to determine potential impact to the organization.
  • Identify emerging risks, control gaps, and regulatory developments and recommend enhancements to compliance controls and business processes.
  • Coordinate state regulatory filings, including gathering required information, supporting timely submissions, tracking filing status, and assisting with responses to regulator questions or follow-up requests.
  • Document procedures, results, findings, recommendations, and corrective action plans; coordinate follow-up with business partners to support timely remediation and sustainable control improvements.
  • Draft, review and maintain complete and accurate compliance documentation, including policies, procedures, logs, testing files, reports, records, and other required materials.
  • Provide compliance guidance and support to business partners regarding regulatory requirements, compliance expectations, control design, process improvements, and implementation of new or enhanced business practices.
  • Contribute to the development and execution of new or enhanced compliance programs, enterprise-wide initiatives, training, tools, and procedures.
  • Represent compliance in projects involving new products, services, operational changes, regulatory updates, policy development, training creation, or control enhancements to help ensure compliant implementation.
  • Assist team members with complex research, assigned tasks, special projects, and knowledge sharing; may provide guidance, coaching, or training to less experienced team members as needed.


Qualifications:

  • Bachelor's degree in business, legal studies, risk management, compliance or related field
  • 5+ years of regulatory compliance, insurance, and/or other relevant experience
  • 2+ years of experience in insurance, , regulatory change management, or other financial services compliance functions
  • Experience working with business partners, Legal, Compliance, Operations, Sales, Marketing, product teams, or other stakeholders to support compliant business practices and process improvements
  • Knowledge of applicable state insurance, ERISA, DOL, and/or other regulatory requirements based on assigned responsibilities
  • Knowledge of regulatory compliance concepts, control testing, monitoring practices, policy and procedure review, issue identification, and remediation processes
  • Ability to perform complex research, analyze, and interpret regulatory requirements, policies, procedures, data, and business processes to identify risks, issues, trends, and potential solutions
  • Strong written and verbal communication skills, including the ability to summarize complex information clearly and communicate findings, recommendations, and regulatory expectations to varied audiences
  • Analytical, critical-thinking, problem-solving, and organizational skills with strong attention to detail and accuracy
  • Ability to manage multiple priorities, deadlines, reviews, requests, and projects with minimal supervision
  • Proficiency using Microsoft Office tools


Preferred Qualifications:

  • Compliance certifications or industry designations based on assigned responsibilities


Compensation

The Salary for this position generally ranges between $80,000 - $90,0000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) 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.

Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration, sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

This is a hybrid position requiring three days in office per week in one of our hub locations (Cedar Rapids, Baltimore). Relocation assistance will not be provided for this position.

Disclaimer:
Beware of fake job offers!

We've been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:
  • We will never request personal information such as ID or payment for equipment upfront.
  • Official offers are sent via DocuSign following a verbal offer-not through text or email.


This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

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
  • 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


About Transamerica

The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became a subsidiary of Aegon, a European financial services company headquartered in The Hague, Netherlands. Transamerica funds the Transamerica Institute, a nonprofit foundation which comprises the Transamerica Center for Retirement Studies and the Transamerica Center for Health Studies.
Learn more about Transamerica
Industry
Founded
1904

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