Manager, Client Engagement - Retirement Operations

Transamerica Corporation; Cedar Rapids (IA); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Competitive pay

Bonus eligibility

Benefits package

Pension plan

401k match

Tuition reimbursement

Job summary

Transamerica Corporation seeks a senior account/relationship leader for retirement plan administration. You will manage a team of client engagement associates, partner with client executives and advisors, and drive budgets, performance, and strategy across retirement programs.

The role requires 8+ years in financial/retirement industries, strong communication, and leadership skills, with proficiency in MS Word, Excel, and PowerPoint.

Qualifications

• Bachelor’s degree in a business field or equivalent education/experience.
• Eight years of financial or retirement industry experience.
• Supervisory/management experience.
• Advanced knowledge of ERISA and retirement industry trends.
• In-depth knowledge of retirement programs/plan management, including administration, investment, and participant solutions.
• Strong written/oral communication and presentation skills.
• Decision-making skills and the ability to build strong working relationships.
• Project management skills.
• Ability to manage and prioritize tasks.
• Advanced skills using MS Word, Excel, PowerPoint.

Responsibilities

• Establish team goals and provide direction and guidance to ensure timely and quality results.
• Work with leadership on budget and department roadmap.
• Evaluate performance of team; coach and counsel team members individually and together towards improved performance.
• Conduct team meetings and provide ongoing performance feedback and skill assessments.
• Interview, hire and train staff.
• Cultivate and maintain relationships with client engagement, account management, and external partners; ensure team aligns with internal and external resources to meet customer needs.
• Continuously search for ways to improve effectiveness, efficiency and “value added” for internal and external customers.
• Serve as a senior escalation point for case related issues across teams and market segment; develop and implement processes for mitigation of future issues and management of customer expectations.
• Ensure compliance with company policies.
• Participate in sales and retention meetings.

Skills

Strong communication

Decision-making

Relationship-building

Project management

Leadership

Budgeting

Time management

MS Office proficiency

Education

Bachelor’s degree in business or equivalent

Tools

MS Word

Excel

PowerPoint

Job description

Job Family Account / Relationship Management

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests. Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Who We Are

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life. Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them. We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

What We Do

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs. Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. For more information, visit transamerica.com.

Job Description Summary

Manage a team of Client Engagement Associates responsible for partnering with Client Executives as a key resource to clients and advisors in the planning and execution of retirement plan administration.

Job Description Responsibilities

Establish team goals and provide direction and guidance to ensure timely and quality results. Work with leadership on budget and department roadmap. Evaluate performance of team; coach and counsel team members individually and together towards improved performance. Conduct team meetings and provide ongoing performance feedback and skill assessments. Interview, hire and train staff. Cultivate and maintain relationships with client engagement, account management, and external partners; ensure team aligns with internal and external resources to meet customer needs. Continuously search for ways to improve effectiveness, efficiency and “value added” for internal and external customers. Serve as a senior escalation point for case related issues across teams and market segment; develop and implement processes for mitigation of future issues and management of customer expectations. Ensure compliance with company policies. Participate in sales and retention meetings.

Qualifications

• Bachelor’s degree in a business field or equivalent education/experience
• Eight years of financial or retirement industry experience
• Supervisory/management experience
• Advanced knowledge of ERISA and retirement industry trends
• In-depth knowledge of retirement programs/plan management, including administration, investment, and participant solutions
• Strong written/oral communication and presentation skills
• Decision-making skills and the ability to build strong working relationships
• Project management skills
• Ability to manage and prioritize tasks
• Advanced skills using MS Word, Excel, PowerPoint

Preferred Qualifications

• Background in relationship management and/or client management
• Experience using Salesforce

Working Conditions

Office Environment Occasional Travel <10% Travel to attend client and team meetings.

Compensation

The salary for this position generally ranges between $85,000 - $120,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

• 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
• 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
• Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That’s why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

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.

* As of December 31, 2023 At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests. Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there. Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers. For more information, visit www.transamerica.com.