Insurance Regulatory Counsel (Life Insurance) - Assistant General Counsel - Hybrid

Transamerica•Baltimore, MD

17d•$200,000 - $225,000•Hybrid

About The Position

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 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 transamerica.com . 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.

Requirements

JD from an ABA accredited law school
At least ten years of relevant legal experience
Licensed or eligible to practice in at least one US jurisdiction
Demonstrates exceptional emotional intelligence and resilience, effectively leading and navigating complex, ambiguous, and highstakes situations with sound judgment and professionalism
Ability to exercise agility and adaptability in providing legal advice within a rapidly changing corporate environment
Ability to effectively communicate, both written and oral, with the intended audience and all levels of the organization
Proficient using MS Office

Nice To Haves

Experience providing legal advice to Life insurance Product s and Distribution businesses
Health insurance/Su p plemental Products (Group Life) legal experience a plus

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 counsel list 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 colleagues as needed.
Identify needs for, participate in, and lead departmental and cross-functional working groups in identified areas of expertise or development; engage with the most senior levels of the company leadership.
Review complex legal documents and agreements; provide input into leadership competencies for department.
Manage data privacy risks and ensure compliance with company policy regarding the processing of personal and/or other sensitive data.
Collaborate extensively with business clients, Legal, Compliance and Risk colleagues.

Benefits

Compensation
Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k 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 (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
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