Insurance Regulatory Counsel; Life Insurance - Assistant General Counsel - Hybrid

Overview

Job Family

Legal Counsel

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

Job Description Summary

Consult with and advise financial services organization on appropriate legal action. Responsible for assigned practice area(s), which will include management (attorneys and paralegals) and budget responsibilities. Responsible for the legal oversight of business units. Will be a member of divisional Legal leadership team.

Job Description

Responsibilities

• Manage legal counsel and advice provided to several in-house constituents, including senior management, within practice area(s):
  Life Insurance, Health Insurance, Employee Benefits. Identify gaps in corporate policies related to legal issues and provide advice on closing those gaps.
• Work on complex problems where analysis requires identification and evaluation of multiple factors and that impact significant areas of the company.
• Advise business and team members on issues impacting significant functional areas of the company, e.g. Operations, Product Development, Actuarial, Compliance, Distribution, Underwriting, Call Centers, Policy Administration, Claims, Agent Contracting, Licensing & Appointments, Complaint Handling, Form Filings, SEC Product Registrations, Regulatory Exams.
• Represent the company before, and interact with, federal, state and SRO regulators.
• Negotiate difficult disputes that may have serious impacts on the company.
• Identify areas where new documents/templates/processes are necessary.
• Manage legal matters handled by outside counsel. Select outside counsel for matters from pre-selected consultants or identify and engage new outside counsel as needed.
• Take budgetary responsibility for specific cost center(s). Assist with departmental budgeting and cost control initiatives.
• Manage and train other/junior attorneys within practice area(s).
• Primarily work with independent judgment, consulting with more senior attorneys and…