Lead Life & Annuity Regulatory Analyst - Hybrid

About the role

Responsible for supporting the tax and regulatory functions within the life and annuity processing teams.

Responsibilities

• Research complex transactions in relationship to the daily monitoring of policyholder processing.
• Comprehensive knowledge of processes and systems used for administration of tax regulations related to annuities; able to gather data from multiple administrative support systems, interpret, trouble shoot and answer business unit questions related to product taxation and reporting.
• Lead team in problem resolutions that arise due to production system problems or customer escalations.
• Interpret tax law changes and identify a course of action for the various departments affected with changes in law as it relates to taxation of annuities and life products.
• Maintain and support records for functions not system supported pertaining to tax law including but not limited to aggregation, cost basis manual updates, foreign reporting, and withholding.
• Serve as the lead for product enhancement initiatives impacting Information Reporting and Withholding, ensuring comprehensive testing is planned, coordinated, and executed, including validation of results to support accurate, compliant, and well-controlled implementations.
• Support management and department through implementing and monitoring individual and team objectives/goals while ensuring company policies and procedures are adhered to.
• Provide feedback and documentation for team members regarding performance, including production and quality to meet/exceed departmental objectives.
• Work with management to mentor and provide feedback to team members to ensure correct handling and customer satisfaction.
• Other duties as assigned based on divisional needs.

Qualifications

• High School diploma or equivalent.
• 5+ years with annuities, insurance or financial services.
• PREFERRED: Associates degree or equivalent education/experience.
• Highly developed interpersonal skills and the ability to communicate effectively to a variety of audiences.
• Ability to work under pressure and show effective decision making skills.
• Self-motivated.
• Demonstrate strong analytical, customer service, number recognition and teamwork skills.
• Strong attention to detail.
• Excellent verbal and written communication skills.
• In depth understanding of fixed and variable annuity concepts.

Working Conditions

Hybrid (In office: Tuesdays, Wednesdays & Thursdays)

What We Offer

• 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
• 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
• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
• 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 across the globe.* 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, with a focus on climate change and inclusion and diversity.