Direct the day to day operations of the compliance department. Analyze and resolve problems regarding state insurance departments complaints, changes in laws and regulations, investigations (AML, fraud, market conduct) or filings/correspondence with state insurance departments.

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.

Responsibilities:

  • Develop and execute oversight programs for agents, agencies and broker dealers selling insurance and annuity products.

  • Monitor agent, agency, and broker dealer activities for compliance with state, federal, and company regulations.

  • Review sales practices, suitability, and documentation to ensure adherence to standards.

  • Analyze trends and patterns in agents performance and compliance issues to recommend training and process improvements.

  • Lead a team responsible for insurance and annuity agent monitoring, support and compliance

  • Identify and assess potential compliance risks related to agent behavior and sales practices.

  • Direct and assign projects to technical and administrative staff.

  • Review projects for completeness and overall performance of compliance department staff.

  • Determine impact on administrative and marketing functions in regard to legislation changes.

  • Assist in the development of new marketing materials and concepts.

  • Create response to complex complaints.

  • Oversee complex investigations.

  • Initiate projects to improve the efficiency of the compliance department.

  • Develop analytical abilities of technical staff to enable them to achieve degree of expertise.

  • Establish departmental policies and procedures.

  • Prepare reports on operation of department.

  • Represent the company at various industry related meetings.

  • Assist in evaluating overall Compliance Risk factors.

  • Assist the legal department with state insurance department audits, corporate audits, and internal audits.

  • Support and drive the continuous improvement of team performance by tracking KPIs, recommending enhancements to core processes, and helping implement tools or solutions that improve workflow efficiency.


Qualifications:

  • Bachelor’s degree in business, marketing, political science, pre-law, paralegal or other relevant area.

  • Minimum of 5 years insurance or securities experience.

  • Strong knowledge of insurance and annuity products and regulatory requirements (FINRA, NAIC, state insurance laws, etc.) regarding financial crimes and insurance compliance.


Preferred Qualifications:

  • At least 1 year supervisory experience preferred.

  • Excellent written and verbal communication skills.

  • Advanced analytical, interpretive, organizational and negotiations skills.

  • Understanding of contract law and company operations.


Working Conditions:

  • Hybrid office environment (3 days per week): Baltimore/Cedar Rapids/Denver/Philadelphia

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Compensation:

  • The Salary for this position generally ranges between $100,000 - $110,000 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.

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 ito perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

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.