Transamerica · 2 weeks ago
Due Diligence Analyst - Securities / Insurance
Baltimore, Maryland
Full-time
Onsite
Entry, Mid Level
$73K/yr - $90K/yr
2+ years expTransamerica is a financial services company dedicated to helping people live their best lives. The Due Diligence Analyst will perform analysis, due diligence, implementation management, and ongoing monitoring of product offerings, ensuring alignment with strategic objectives and maintaining a robust database of approved products.
Financial ServicesImpact InvestingInsurance
Responsibilities
Review products for approval to sell on WFG/TFA company platforms for either life and fixed/variable annuity insurance products, or mutual fund, money management, and retirement products
Perform initial intake, data collection, product analysis, and alignment with existing offerings of like products on the shelf. Prepare and present findings to the Product Review Committee and other stakeholders
Direct product implementation process to set up approved products on appropriate platforms including but not limited to those used for marketing, compensation, data aggregation, and supervision
Maintain detailed competitive intelligence data to proactively ensure company product offerings are compensative and priced appropriately for the marketplace
Collaborate with Marketing, IT, Operations, and Supervision to ensure published product information is accurate and kept up to date for use by leadership and field professionals
Perform ongoing monitoring and prepare periodic reports of carriers to make sound business decisions and to satisfy governance and regulatory reporting requirements. Coordinate life and annuity offerings from the same enterprise distinguishing between subsidiary life or annuity manufacturing entities they may offer
Develop and maintain in-depth knowledge of available products to answer inquiries from staff and external parties. Assist in the training of supervisory staff on the nuance of the products and any complexities. Assist the leader of supervision in configuration of supervision and surveillance business intelligence for oversight
Create reports (e.g. product comparison, market share, competitive intelligence, etc.)
Qualification
Required
Intermediate level experience in the insurance/financial services industry (typically two to five years)
Life license for insurance product analysis
FINRA Series 6 or 7 for securities product analysis
Thorough understanding of individual term and permanent insurance products and the distribution life cycle (from application to issuance and in-force servicing)
Practical understanding of variable and traditional annuity products and their various features and benefits
For securities products – experience evaluating asset management offerings, advisory programs and investment company products
Knowledge of working with intermediaries such as MGA's or BGA's that may support WFG independent contractors in sales
Knowledge of product implementation processes for insurance and for broker-dealer or RIA
Experience supporting product due diligence
Analytical and research skills
Technical aptitude
Strong attention to detail
Excellent communication and customer-focused service skills
Preferred
Bachelor's degree in a business field
Experience in product due diligence
Presentation and/or sales training experience
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
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.
5001-10000 employees
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
Leadership Team
Will Fuller
Chief Executive Officer
Andrew Yorks
Chief Investment Officer
Recent News
2025-12-21
Company data provided by crunchbase