Director, Government and Policy Affairs

2 days ago


Toronto, Ontario, Canada Transamerica Full time

Job Family

Government & Policy Affairs

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 

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   

Job Description Summary

Provide strategic support to World Financial Group (WFG) Canada by monitoring and interpreting legislative and regulatory developments at the provincial and federal levels. Serve as a key liaison between WFG Canada leadership and Transamerica legal and compliance teams to ensure regulatory affairs are aligned with the organization's evolving business model.

Job Description

Responsibilities

  • Lead regulatory, government relations, and public policy matters. Advise senior leadership team on the regulatory environment and strategic approaches to regulatory developments.
  • Serve as a contributor in developing tactics and solutions to regulatory challenges in conjunction with legal, compliance, risk, and government and policy affairs teams.
  • Monitor, analyze, and interpret relevant legislation, regulations, and public policies that impact the organization. Advocate for the organization's interests by developing policy positions and recommendations.
  • Build and maintain relationships with federal, provincial, and municipal government officials, industry groups, and other key stakeholders to promote the organization's objectives.
  • Represent the organization at external meetings, industry trade associations, and events with government agencies and legislative bodies.
  • Participate in lobbying activities as permitted by Canadian law and ensure company and individual registration requirements are met and maintained.
  • Work cross-functionally with internal teams (legal, compliance, communications, operations) to align government affairs strategies with business goals.
  • Identify, assess, and proactively address issues that could affect the organization's reputation, operations, or regulatory environment.
  • Provide timely written updates to WFG Canada business leads on relevant regulatory and legislative developments.
  • Participate in cross disciplinary projects (e.g., agent licensing, underwriting claims, etc.) in support of WFG Canada's business goals.

Qualifications

  • Bachelor's degree in public administration, political science, or relevant field
  • Extensive experience in government relations, public policy, regulatory affairs, or comparable discipline (typically 10 or more years)
  • Broad knowledge and experience in the financial services industry
  • Comprehensive knowledge of Canadian provincial insurance regulations
  • Management experience and the ability to influence outcomes and manage relationships
  • Outstanding written and verbal communication and presentation skills to articulate and facilitate important messages to internal and external stakeholders
  • Ability to work in a collaborative team environment while maintaining individual accountability and delivering results

Preferred Qualifications

  • Canadian insurance carrier or distribution experience in financial services
  • Experience working with regulatory agencies and multi-party government officials

Working Conditions

  • Hybrid office environment
  • Moderate travel (10 to 25%)

This job description is not a contract of employment nor for any specific job responsibilities. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

Canadian Health and Work/Life Balance Benefits:

  • Competitive Paid Time Off
  • Ten (10) paid holidays per year
  • Ten (10) sick days per year
  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
  • Parental Leave
  • Adoption Assistance
  • Employee Assistance Program
  • College Coach Program
  • Employee Resource Groups
  • Inclusion and Diversity Programs
  • Employee Recognition Program
  • Referral Bonus Programs
  • Peer Recognition Program (BRAVO)

United States Only Benefits Below:

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



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