We are seeking a Senior Counsel for a critical role in ensuring the success and compliance of our organization. In this dynamic position, you will be a key contributor within a team of four attorneys who provide strategic legal guidance and support within Transamerica’s Protection Solutions and Savings & Investments businesses that focus on life insurance. Why Join Transamerica? You’ll have an opportunity to work with a leading life insurance company in a collaborative and supportive work environment with professional development and growth opportunities. If you're a proactive, solutions-focused attorney looking to make an impact on a dynamic legal team, we want to hear from you!

Responsibilities:

  • Provide legal advice and support in the development, maintenance and offering of life insurance products and services

  • Prepare, review and negotiate legal contracts, documents and agreements, including marketing, distribution, administration, TPA and/or vendor agreements

  • Advise on legal risks and potential impacts of business decisions

  • Provide advice regarding escalated claims and consumer complaints

  • Monitor, review and interpret relevant changes in laws, rules and regulations, particularly those related to insurance regulations and keep business partners informed of the potential impact to Transamerica’s life insurance business

  • Draft regulatory responses, disclosures, and other correspondence that may include Market Conduct issues

  • Collaborate with internal compliance teams to develop and implement policies and procedures to mitigate legal risks

  • Work on complex legal issues where analysis requires identification and evaluation of multiple factors

  • Educate business partners and work cross-functionally with compliance, supervision, risk, and business partners to achieve compliance with applicable laws and regulations while minimizing client impact

  • May review laws and regulations as they relate to employer groups, associations, labor unions, and other non-employer groups to ensure they comply with state law prior to issuing policies

  • Keep senior business management and operations personnel apprised of pertinent legal and regulatory developments

  • Exercise independent judgment regarding legal advice with limited supervision of a more senior attorney

Qualifications:

  • JD from an ABA accredited law school

  • Member of the Bar in good standing of any US jurisdiction

  • Senior level experience at a sophisticated law firm or in-house counsel with insurance regulatory legal experience (typically 5+ years)

  • 5 years of relevant legal experience with a focus on life insurance, and state insurance matters with knowledge of relevant laws, rules and regulations

  • Able to effectively communicate, both written and oral, with the intended audience

  • Able to exercise sound judgment in a fast-paced environment

  • Able to exercise agility and adaptability in providing legal advice

  • Comfortable in a rapidly changing corporate environment

  • Good organizational and project management skills with an ability to work autonomously and manage multiple priorities

  • Action oriented, timely and organized with ability to prioritize workload with high degree of accuracy and attention to detail

  • Employs innovative thinking to assist the business in generating and implementing creative, cost effective and realistic solutions that create business impact and lend toward its growth

  • Focuses on creating an environment of honesty, inclusion and respect for others, is open to and champions differing ideas and perspectives, and collaborates in a fully inclusive manner

  • Proficient using MS Office

Preferred Qualifications:

  • Experience with voluntary benefits insurance products including supplemental health and/or long term care, and with the ACA, HIPAA and ERISA laws is preferred

Working Conditions:

  • Hybrid working environment: Baltimore, Cedar Rapids, Philadelphia, Denver

  • Occasional travel to meet with leaders, other members of the team, and business partners

Compensation:

  • The Salary for this position generally ranges between $165,000 - $180,000 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. 

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 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.