The Senior Counsel will provide legal counsel on a variety of matters associated with the marketing and distribution of insurance products and operating an insurance agency.

Job Description

  • Provide legal advice and support regarding the marketing and sale of insurance products primarily through a retail field force of independent contractor insurance agents
  • Prepare, review, and negotiate legal contracts, documents and agreements, such as selling agreements, distribution agreements, and agent agreements
  • Along with other legal and compliance staff, support the agency in pre-litigation, litigation, and regulatory examinations and investigations and represent the agency to its regulators
  • Collaborate with compliance staff in the drafting of policies and procedures and reviewing sales, advertising, and marketing materials, incentive programs, sales contests, and field compensation plans
  • Monitor, review, and interpret applicable and proposed state and federal guidance, laws, rules and regulations related to the distribution of insurance products and insurance agencies
  • Work on complex legal issues where analysis requires identification and evaluation of multiple factors
  • Participate in departmental and cross-functional working groups in identified areas of legal expertise

Required Qualifications

  • JD from an accredited law school
  • Licensed or otherwise eligible to practice in-house in the US
  • At least 5 years of experience as an attorney, including experience in the US life insurance industry
  • Ability to effectively communicate, both in writing and orally, with the intended audience
  • Ability to exercise sound judgment in a fast-paced environment
  • Ability to exercise agility and adaptability in providing legal advice
  • Comfortable in a rapidly changing corporate environment
  • Proficient using MS Office
  • Good organizational and project management skills and able to work autonomously and manage multiple priorities
  • Action oriented with ability to prioritize workload with high degree of accuracy and attention to detail

Working Conditions

  • In office or hybrid, if in commutable distance from a Transamerica office, or remote in any location within the US
  • Occasional travel to other locations in the US and/or Canada

The Salary for this position generally ranges between $149,000 - $168,000 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 in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.