Logo
Transamerica

Senior Regulatory Support Consultant

Transamerica, Baltimore, Maryland, United States, 21276

Save Job

Senior Regulatory Support Consultant – Transamerica 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.

Job Family Regulatory Compliance

Who We Are We believe everyone deserves to live their best life. With a century of experience, we serve everyday people across the globe. We are part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

What We Do Transamerica is organized into three distinct businesses: World Financial Group, Protection Solutions and Savings & Investments, and Financial Assets. These are supported by Transamerica Corporate functions covering Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs.

Job Description Summary Ensure compliance with statutory and regulatory guidelines for ERISA, Internal Revenue Code and other guidance requirements for qualified plans, Section 403(b) plans, 457 plans, multiple employer plans, corporate non‑qualified plans, IRAs, Section 72 annuities, and Transamerica policies and procedures. Work with clients, client’s counsel, consultants, agents, brokers and TPAs to identify and resolve plan compliance and fiduciary issues.

Propose and implement best practices for ERISA‑compliance plan administration. Advise internal administration teams about the impact of new developments and support the development of new products, services and processes. Provide proactive risk management and contribute to training staff on retirement plan regulatory matters.

Responsibilities

Research and analyze regulatory guidance from the IRS, DOL, SEC and other applicable agencies.

Review and prepare plan analysis for new and existing clients, including issue identification, consulting on issue resolution, best practices and preparation of client communications, plan forms, and participant communications.

Provide regulatory consulting services to regional offices, help desks, operational areas and the management team. Draft regulatory in‑house communications and assist with projects and internal meetings.

Provide plan design support and assistance related to Transamerica’s prototype, volume submitter and individually designed plan documents.

Provide primary consulting and coordination role for IRS EPCRS voluntary compliance submissions for clients and their counsel; interact with the IRS as necessary.

Provide assistance to the Regulatory Support group and participate in formulation of department strategy.

Assist in new product development.

Assist in the development and delivery of regulatory training programs for Transamerica employees.

Maintain a high level awareness of ongoing developments in the pension industry.

Assist in special regulatory projects.

Provide regulatory risk management internally and externally.

Qualifications

Bachelor’s degree in a business‑related field or equivalent experience.

Six years of retirement industry experience in legal, compliance or a similar setting.

Thorough knowledge of legal requirements for qualified plans, Section 403(b) plans, Section 457 plans, multiple employer plans, corporate non‑qualified plans, IRA and Section 72 annuities and ERISA.

Research and analytical skills to interpret IRS and DOL regulations and pension legislation.

Communication skills (verbal, written, listening) to influence others and convey complex regulations in layman terms.

Problem resolution skills, with an emphasis on analysis, formulation and documentation of recommendations; ability to develop alternative solutions to complex situations.

Organization/time‑management skills to handle multiple projects simultaneously.

Preferred Qualifications

J.D. degree.

Retirement plan certification (e.g., ASPPA, CPC, ERPA, CEBS).

Compensation The salary for this position generally ranges between $76,000–$125,000 annually. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an annual bonus of 10% based on the company bonus plan/individual performance and is at the company’s discretion.

Working Conditions

This is a hybrid position requiring three days (Tuesday‑Thursday) in office per week in one of our hub locations (Cedar Rapids, Baltimore, Philadelphia, or Denver).

Relocation assistance will not be provided for this position.

Disclaimer Beware of fake job offers! We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. 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.

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 at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests an accommodation to perform job functions, the applicable HR Business Partner should be contacted.

What We Offer For eligible employees, we offer a comprehensive benefits package designed to support both personal and financial wellbeing.

Compensation Benefits

Competitive Pay

Bonus for Eligible Employees

Benefits Package

Pension Plan

401(k) 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 paid holidays per year (typical NYSE holidays)

BeWell Company holistic wellness program, including Wellness Coaching and Reward Dollars

Parental Leave – 15 days of paid parental leave per calendar year under specified conditions

Adoption Assistance

Employee Assistance 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

Inclusion & Diversity We believe our commitment to diversity and inclusion creates an inclusive workplace. Transamerica has been recognized by the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists.

We offer a wide range of diversity and inclusion programs, including employee‑driven ERGs, volunteer opportunities, and community initiatives. These programs help us better appreciate our similarities and differences.

Giving Back We support nonprofit organizations through the Aegon Transamerica Foundation, offering grants and volunteer efforts from employees.

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 23.9 million people worldwide. 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, focusing on climate change and inclusion and diversity.

#J-18808-Ljbffr