Senior Legal Analyst - Annuities and Variable Products (Hybrid)

Transamerica•Cedar Rapids, IA

9d•$94,000 - $114,000•Hybrid

About The Position

This role is responsible for supporting legal and compliance functions relating to insurance products registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Company Act of 1940 and/or the Securities Act of 1933. This role will also provide support for policy owner services and claims administration legal matters related to annuity products.

Requirements

Bachelor’s degree in a business-related field or equivalent experience.
10 years’ experience with products registered with the SEC under the Investment Company Act of 1940 and/or the Securities Act of 1933.
Knowledge of financial services and annuity products.
Outstanding written and verbal communication skills.
Research and analysis skills to determine solutions for business needs.
Decision-making and problem-solving skills.
Organizational skills and the ability to manage competing priorities.
Proficiency using MS Office tools, legal research tools, and the SEC’s EDGAR website.

Nice To Haves

Experience with a variety of investment products or insurance products, specifically variable annuity products and securities-regulated financial products.
Paralegal and/or legal analyst experience.
Proficiency using legal research platforms such as Lexis, Westlaw, or similar tools.

Responsibilities

Research and apply existing federal and state laws, rules, and regulations as they relate to insurance and annuities products registered with the SEC and become a trusted subject matter expert on these topics.
Work with internal Legal, Compliance, and Operations staff to support existing registered products, and fixed annuities, including consultation on policy interpretation, claims issues, escalated complaints, and complex operational matters.
Assist the Product Registration team and internal counsel in maintaining and appropriately updating required disclosures for existing products, including review of annual prospectus filings and other SEC filings as needed.
Serve as a trusted resource for business areas on matters relating to new product development and the registration of new, initial SEC registration statements.
Assist in resolving SEC staff comments and addressing outside counsel concerns relating to new products, product enhancements, and disclosure changes.
Stay informed about new and prospective changes in applicable law, including through participation in industry groups and through internal and external educational opportunities.
Communicate relevant changes in law to business areas and provide practical guidance to support effective implementation.
Manage and maintain documentation for Fund Participation Agreements and related legal contracts and amendments.
Work with internal Legal and Compliance staff to manage responses to market conduct and regulatory examinations.
Perform varied and complex legal and administrative tasks.
Lead or assist special projects as assigned.

Benefits

Competitive Pay
Bonus for Eligible Employees
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