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 unleashed by 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. 

    

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information,  visit www.transamerica.com. 

 

Who We Are 

  

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services. 

 

What We Do 

 

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology). 

Job Description Summary

Direct managers and professional teams in the preparation of IRS Form 5500 and nondiscrimination testing for in-force clients of tax-exempt, Taft-Hartley, MEP, and qualified plans. Direct the team that handles domestic relations order (DRO) qualifications for in-force clients of their tax-exempt, governmental, 457, non-qualified, Taft-Hartley, MEP, and qualified plans.

Job Description

Responsibilities

Provide guidance and direction to staff to ensure timely, accurate service is given to clients through productivity management, employee development, and implementation of quality controls.  Research and analyze new legislation/regulations to determine impact on current procedures.  Revise/update/create procedures to ensure ongoing compliance with new laws. Ensure clients, for whom Company provides Form 5500 and nondiscrimination testing services, are provided services within the IRS-mandated deadlines. Ensure DROs are qualified based on the DOL requirements.Review/analyze plan mergers and corporate acquisitions with respect to the impact focusing on nondiscrimination testing.Provide key consulting resources to staff, colleague departments, sales staff, clients, advisors, and third-party administrators in situations that require a high degree of expertise and diplomacyInterface with Legal to review unusual situations as necessary. Work with client’s legal counsel for items pertaining to nondiscrimination testing.Research items pertaining to Form 5500, nondiscrimination testing or QDROs using available resources, Internet and other technical resources.Conduct presentations to clients, field and internal staff as appropriate.Provide technical expertise on regulatory developments regarding Form 5500 and nondiscrimination testing issues. Ensure proper system modifications are made to accommodate new products/regulatory developments.Lead special projects and committees.Identify, plan, and direct the execution of both short- and long-term departmental goals. Establish, maintain, and update business processes to ensure contract obligations are met; software delivery meets business requirements, and issue/problem resolution negotiated.

Qualifications

Bachelor’s degree in a business field or equivalent related work experienceTen years of experience with defined contribution plansTen years of management experienceIn-depth knowledge of Form 5500 and nondiscrimination testing software, recordkeeping, and associated administrative systemsIn-depth understanding of Corporate administrative capabilitiesTechnical knowledge of ERISA, IRS, DOL, revenue procedures, notices, and current legislation.Excellent written/oral communication and presentation skills to participant in sales and implementation process meetingsStrong mathematical, analytical, and research skillsProject management and time management skills Advanced skills using MS Excel and Word

Preferred Qualifications

Working Conditions

Office or hybrid office/remote environment

**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 $105,000-$125,000 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.

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

Peer Recognition Program (BRAVO)

  

* As of December 31, 2022 
 

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. 

  

https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation  

  

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 29.5 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.