Manager, Compliance - Insurance Compliance Testing & Monitoring

Transamerica•Cedar Rapids, IA

1d•Hybrid

About The Position

Direct the day-to-day operations of the insurance compliance department’s Testing and Monitoring Team. Perform annual risk assessments and direct all insurance compliance testing programs.

Requirements

Bachelor’s degree in business, marketing, political science, pre-law, paralegal or other relevant area
Minimum of 5 years insurance compliance or auditing experience.

Nice To Haves

At least 1 year supervisory experience preferred.
Excellent written and verbal communication skills.
Advanced analytical, interpretive, organizational and negotiations skills.
Understanding of state insurance law and insurance company operations.

Responsibilities

Complete the annual insurance compliance risk assessment against applicable state insurance laws and regulations.
Develop and execute the annual compliance testing plan.
Oversee testing and monitoring to confirm ongoing compliance with state insurance laws and regulations.
Partner with key stakeholders to remediate gaps identified through testing.
Assign and manage projects for technical and administrative staff.
Review testing workpapers and reports for quality, completeness, and adherence to standards.
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.
Work closely with legal and compliance SMEs to ensure in depth knowledge of regulatory expectations.
Represent the company at various industry related meetings.

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
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