Job Family

Legal Counsel

Job Description Summary

This position sits within the Corporate Legal Services team, which oversees the legal entity structure and maintenance and corporate governance for Transamerica and its connections across Aegon. The team also provides legal support for external and internal (captive) reinsurance, Transamerica’s derivatives trading and investment management agreements, its Treasury function, corporate real estate, and mergers & acquisitions.

Job Description

Responsibilities:

• Support investment transactions, including negotiation and review of investment agreements, subscription documents, side letters, and related contracts.

• Assist in legal due diligence for prospective investments, including review of fund structures, offering materials, governance documents, and distressed debt workouts.

• Advise on over-the-counter and centrally cleared derivative transactions, including the negotiation and drafting of various agreements (e.g., ISDA Master Agreements and Futures Commission Merchant Agreements) and have experience advising institutional investors.

• Advise on applicable federal and state securities laws, insurance regulations, other cross-border regulatory frameworks (e.g., EMIR, FCA), and other legal requirements affecting investment activities of Transamerica and its regulated affiliates.

• Support internal governance processes related to investment approvals and risk oversight.

• Provide advice on investment advisory, insurance company regulatory, and other legal matters, and strategic guidance to management regarding all investment related matters, as needed.

• Familiarity with private asset classes, including alternative investments and private credit. 

• Other Skills and Expertise

• Manage legal matters provided to a number of in-house constituents, including senior management, within practice area(s).

• Work on complex problems where analysis requires identification and evaluation of multiple factors and that impact significant areas of the company.

• Advise business on issues impacting significant functional areas of the company.

• Negotiate difficult disputes that may have a serious impact to the company.

• Identify areas where new documents/templates are necessary.

• Manage legal matters handled by outside counsel. Select outside counsel for matters from pre-selected counsel.

• Provide significant input in evaluation of panel counsel within area/areas of expertise, to the extent panel counsel program is used in practice area.

• Identify gaps in corporate policies related to legal issues and works on addressing those gaps.

• May have limited budgetary responsibility for specific cost center(s).

• May manage and train more junior attorneys within practice area(s).

• Largely work with independent judgment, consulting with more senior attorney as needed.

• Identify needs for, participate in, and lead departmental and cross-functional working groups in identified areas of expertise or development; engage with senior leadership of the company on legal matters with minimal supervision.

• Examples of responsibilities within specific practice areas: Negotiate high value vendor agreements; draft insurance policy forms; participate in professional organizations on behalf of the company; manage complex litigation and regulatory actions and communicates directly with regulators on behalf of the company.

Qualifications:

• JD from an ABA accredited law school

• Ten years of relevant legal experience

• Licensed or eligible to practice in the applicable state

• Ability to effectively communicate, both written and oral, with the intended audience

• Ability to exercise sound judgment in a fast paced environment

• Ability to exercise agility and adaptability in providing legal advice

• Comfortable in a rapidly changing corporate environment

• Proficient using MS Office

Working Conditions:

• Office environment

• Occasional travel: under 10%

Compensation:

• The Salary for this position generally ranges between $200,000 - $260,000 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.

#LI-BD1

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation ito perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

Disclaimer:
Beware of fake job offers!

We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

• We will never request personal information such as ID or payment for equipment upfront.

• Official offers are sent via DocuSign following a verbal offer—not through text or email.

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. 

 

Compensation Benefits 

• 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. 

  

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all. 

   

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