Hybrid Compliance & Process Analyst – Insurance

Transamerica

Cedar Rapids (IA)

Hybrid

USD 61,000 - 72,000

Full time

10 hours ago
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Benefits offered by this job

Pension Plan
401k Match
Medical Insurance
Paid Time Off

Job summary

Transamerica in Cedar Rapids, IA, is seeking a compliance-focused professional to support annuity or insurance claims operations, audits, and regulatory requests. The role emphasizes tax reporting and process improvement, requiring strong collaboration with stakeholders to drive efficiency.

The position offers a hybrid work setup with a salary range and a comprehensive benefits package, including bonus eligibility and competitive pay.

Qualifications

  • Bachelor’s degree in a business-related field or equivalent work experience.
  • Three years of experience in the insurance/financial services industry.
  • Three years of compliance and/or process improvement experience.
  • Understanding of insurance and securities laws.
  • 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
Problem-solving
Communication skills
Independence
Planning & organizational
Lean Six Sigma
MS Office
Project management tools

Education

Bachelor’s degree in business or equivalent

Tools

MS Office
Project management tools

Job description

Transamerica in Cedar Rapids, IA, is seeking a compliance-focused professional to support annuity or insurance claims operations, audits, and regulatory requests. The role emphasizes tax reporting and process improvement, requiring strong collaboration with stakeholders to drive efficiency.

The position offers a hybrid work setup with a salary range and a comprehensive benefits package, including bonus eligibility and competitive pay.

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