Transamerica · 1 day ago
Collections Strategy Manager
Transamerica is a financial services company that values hard work and innovative thinking, aiming to help individuals achieve their best life. The Collections Strategy Manager will develop and implement strategies to recover outstanding debts, improve collection rates, and minimize financial risk across the agent force.
Financial ServicesImpact InvestingInsurance
Responsibilities
Develop and implement leading debt mitigation and collection strategies across the US and Canada
Establish and monitor key risk indicators (KRIs) and provide regular reporting to senior management and governance committees
Ensure compliance with all applicable regulatory and governmental requirements
Engage legal resources regarding litigation and with carriers on notification of abandoned debt
Continuously improve collection processes and increase recovery rates
Manage and communicate effectively with internal and external stakeholders
Collaborate with Due Diligence, Supervision, Commissions Operations, Carriers, Field Leaders and Finance teams
Evaluate and approve requests for debt management (long-term debt roll, fee forgiveness, etc.) and lending
Provide insights and reporting on trends and patterns within overall debt
Drive Heritage Program liquidation tied to buy/sell, transition, beneficiary and firm buy-out events
Deliver regular reporting on collection performance and key metrics to leadership
Qualification
Required
Bachelor's degree in Finance, Business Administration, Economics, Accounting or related field or equivalent experience
10 years of experience in debt collections, financial risk management, or a related field
Strong knowledge of U.S. and Canadian regulatory environments
Proven ability to lead cross-functional initiatives and drive process improvements
Excellent analytical and communication skills
Preferred
Master's degree in Finance, Business Administration, Economics, Accounting or related field
Benefits
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
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
Company
Transamerica
Transamerica is a private holding company that provides services for various life insurance companies and investment firms. It is a sub-organization of Aegon.
H1B Sponsorship
Transamerica has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (39)
2024 (33)
2023 (25)
2022 (52)
2021 (42)
2020 (46)
Funding
Current Stage
Late StageTotal Funding
unknown1999-02-19Acquired
Recent News
2025-12-21
Company data provided by crunchbase