Compliance & Process Analyst — Claims, Audit & Tax

Transamerica Corporation; Cedar Rapids (IA); Hybrid; USD 61,000 - 72,000; Full time

Benefits offered by this job

401k Match

Tuition Reimbursement

Health Insurance

Paid Time Off

Job summary

Transamerica Corporation seeks a strong professional to support audits, market conduct exams, regulatory requests, and corrective actions within annuity or insurance claims operations. You will own quarterly tax reporting and partner with stakeholders to drive compliance and efficiency.

The hybrid role requires three in-office days weekly (Cedar Rapids hub) with relocation not provided. A degree in business and 3+ years in insurance/compliance are expected, plus knowledge of tax reporting and

Qualifications

• Bachelor’s degree in a business-related field or equivalent work experience.
• Three years of experience in the insurance/financial services industry.
• Understanding of insurance and securities laws.
• Three years of compliance and/or process improvement experience.
• Analytical and problem-solving skills.
• Communication skills to provide audit information and facilitate process analysis.
• Ability to independently work on assignments of moderate scope and complexity.
• Planning/organizational skills to work on multiple projects.
• Knowledge and experience using Lean Six Sigma principals.
• Proficiency in MS Office and project management tools.

Responsibilities

• Participate in the implementation of compliance programs and enterprise-wide solutions in response to regulatory or internal process changes.
• Analyze content and gather information required for reporting to management, state insurance departments and regulators; work with Compliance to prepare company responses to state insurance departments and regulators.
• Provide information for compliance audits, internal audits and examinations by state insurance departments, securities regulators and divisional audit programs.
• Collaborate with business units and leadership to define, analyze and evaluate processes; define project tasks and timelines.
• Conduct team meetings and provide information updates to users and leadership.
• May assist team members on compliance and process improvement initiatives, including cost benefit analysis, lean methodologies, systems, market conduct exams, audits, BCP, etc.

Skills

Analytical thinking

Communication

Planning/organizational skills

Lean Six Sigma

MS Office

Project management tools

Education

Bachelor’s degree in business or equivalent

Tools

MS Office

Job description

Transamerica Corporation seeks a strong professional to support audits, market conduct exams, regulatory requests, and corrective actions within annuity or insurance claims operations. You will own quarterly tax reporting and partner with stakeholders to drive compliance and efficiency.

The hybrid role requires three in-office days weekly (Cedar Rapids hub) with relocation not provided. A degree in business and 3+ years in insurance/compliance are expected, plus knowledge of tax reporting and