Senior Regulatory Compliance Analyst (Group Life & Health)

Transamerica•Cedar Rapids, IA

4d•Hybrid

About The Position

Contribute to an effective compliance program by mitigating legal, regulatory, operational, and reputational risk by applying broad regulatory compliance knowledge to perform complex assignments, identify issues and trends, communicate findings and recommend practical enhancements that strengthen compliance controls and business practices.

Requirements

Bachelor’s degree in business, legal studies, risk management, compliance or related field
5+ years of regulatory compliance, insurance, and/or other relevant experience
2+ years of experience in insurance, , regulatory change management, or other financial services compliance functions
Experience working with business partners, Legal, Compliance, Operations, Sales, Marketing, product teams, or other stakeholders to support compliant business practices and process improvements
Knowledge of applicable state insurance, ERISA, DOL, and/or other regulatory requirements based on assigned responsibilities
Knowledge of regulatory compliance concepts, control testing, monitoring practices, policy and procedure review, issue identification, and remediation processes
Ability to perform complex research, analyze, and interpret regulatory requirements, policies, procedures, data, and business processes to identify risks, issues, trends, and potential solutions
Strong written and verbal communication skills, including the ability to summarize complex information clearly and communicate findings, recommendations, and regulatory expectations to varied audiences
Analytical, critical-thinking, problem-solving, and organizational skills with strong attention to detail and accuracy
Ability to manage multiple priorities, deadlines, reviews, requests, and projects with minimal supervision
Proficiency using Microsoft Office tools

Nice To Haves

Compliance certifications or industry designations based on assigned responsibilities

Responsibilities

Own assigned regulatory change initiatives and compliance projects from planning through completion.
Perform reviews of business processes, controls, policies, products and services to assess adherence to applicable regulatory requirements and company standards.
Research, analyze, and interpret current, new, and proposed laws, regulations, bulletins, regulatory guidance, and internal policy changes to determine potential impact to the organization.
Identify emerging risks, control gaps, and regulatory developments and recommend enhancements to compliance controls and business processes.
Coordinate state regulatory filings, including gathering required information, supporting timely submissions, tracking filing status, and assisting with responses to regulator questions or follow-up requests.
Document procedures, results, findings, recommendations, and corrective action plans; coordinate follow-up with business partners to support timely remediation and sustainable control improvements.
Draft, review and maintain complete and accurate compliance documentation, including policies, procedures, logs, testing files, reports, records, and other required materials.
Provide compliance guidance and support to business partners regarding regulatory requirements, compliance expectations, control design, process improvements, and implementation of new or enhanced business practices.
Contribute to the development and execution of new or enhanced compliance programs, enterprise-wide initiatives, training, tools, and procedures.
Represent compliance in projects involving new products, services, operational changes, regulatory updates, policy development, training creation, or control enhancements to help ensure compliant implementation.
Assist team members with complex research, assigned tasks, special projects, and knowledge sharing; may provide guidance, coaching, or training to less experienced team members as needed.

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