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Head Of Savings & Investments Technology

AegonCedar Rapids, IA
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Job Description

Job Family

IT Operations

About Us

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

The Head of Savings & Investments Technology will provide leadership and direction in the design and development of integrated processes, applications, security, data, and technology solutions to address business challenges and meet Transamerica's strategic objectives.

This role will lead our Savings & Investments Technology team which oversees and supports the applications and tools for all of Transamerica's retirement plan business. This includes defined-contribution and defined-benefit plans, as well as our stable value solutions. These tools enable the recordkeeping, custody and plan administration services for all retirement plans, provide customer and participant access via web and mobile interfaces, and integrate our Advice, IRA and stable value products.

Job Description

Responsibilities

  • Build strong partnership with senior business and IT leaders, Transamerica Executive Committee, and regulators across multiple locations to manage Savings & Investments' IT strategy and architectural principals.
  • Maintain effective vendor management with strategic partners to ensure highest quality of work is delivered.
  • Understand business needs & translate into Technology deliverables; ability to prioritize most critical work.
  • Swiftly address urgent technology issues as they arise and prevent them from occurring in the future.
  • Strong emphasis on team and leadership development. Ensuring a robust technical team with business savvy & sense of urgency and ownership. Create excitement around the organizational direction & initiatives.
  • Direct staff in assessing the compatibility and integration of products.
  • Standardize services to ensure integrated architecture across interdependent technologies and evaluating IT capabilities against business needs.
  • Channel operation metrics and execute strategic programs to meet organizational goals.
  • Present comprehensive data and information to company leaders, providing insight on business direction and capabilities.

Qualifications

  • Bachelor's degree in information technology, business, or relevant field
  • 15 years of relevant work experience, hands on development background.
  • Strong technology background and experience with digital transformation including AWS cloud, database, event driven architecture and API architecture.
  • Strong leadership and proven ability to drive alignment and execution across the organization
  • Proven success with effective vendor management.
  • Experience leading a technology team through transformation.
  • Solid understanding of business principles, organizational design, change management, etc.
  • Financial services industry experience
  • Ten years of strategic planning experience
  • Large scale budget experience
  • Ability to attract and develop talent

Working Conditions

  • Hybrid environment preferred
  • Frequent travel

Compensation

The Salary for this position generally ranges between $235,000 - $325,000 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 eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.

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 in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

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

  • College Coach 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