Job Family Procurement
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 Leads end-to-end contracting execution, from contract-ready intake through negotiation, approvals, signature, and coordination of PR/PO/C-Term execution, with accountability for quality, cycle time, and workload management. Partners with Procurement Business Partners supporting Corporate Services and Revenue Enablement and leads internal and outsourced contracting resources through consistent processes and controls. Guides complex negotiations, develops team capabilities, exercises sound commercial judgment, and drives a scalable and effective contracting service.
Job Description
Responsibilities
- Lead, coach, and develop contracting professionals, establishing clear ownership, service expectations, quality standards, training, performance feedback, and escalation paths.
- Manage a centralized contracting queue across internal and outsourced resources, triaging work based on contract type, complexity, and risk while balancing capacity, priorities, and service expectations.
- Oversee end-to-end contracting execution from complete intake through negotiation, required reviews, approvals, signature, contract record, and coordinated PR/PO/C-Term completion, ensuring clear status and handoffs with Procurement Business Partners.
- Provide hands-on direction for complex and nonstandard agreements, including negotiation strategy, commercial terms, issue resolution, and practical alternatives for business decision makers.
- Oversee contracting across technology and data, professional services, outsourcing, external workforce, market data, amendments, renewals, and other contract types, developing appropriate expertise while maintaining a consistent service model.
- Partner with Procurement Business Partners to understand business objectives, deal context, and intended commercial outcomes and provide a coordinated Procurement experience throughout the contracting process.
- Coordinate with Legal, Third Party Risk Management, Privacy, Information Security, Compliance, Finance, Technology, and other specialists to obtain required reviews and approvals, appropriately escalating exceptions and risk-acceptance decisions.
- Maintain contracting governance and controls, including appropriate contracting entities, authorized approval and signature paths, documented decisions, accurate records, templates, playbooks, standard operating procedures, negotiation guidance, and quality standards.
- Use contract lifecycle management (CLM) workflows and data to monitor throughput, cycle time, quality, rework, workload, and stakeholder experience, translating trends and recurring issues into measurable process improvements.
- Partner with Operational Enablement and outsourced contracting providers to strengthen processes, reporting, controls, technology, automation, analytics, and responsible AI adoption while maintaining quality, human oversight, confidentiality, and alignment with organizational priorities.
Qualifications
- Bachelor’s degree or equivalent relevant professional experience
- 7+ years of experience drafting and negotiating commercial supplier agreements and managing contracting activity across varied levels of complexity; able to explain commercial trade-offs and recommend workable solutions
- Experience leading and developing contracting or comparable professional-services teams, including prioritization, workload management, quality assurance, and performance coaching
- Experience managing a high-volume portfolio of concurrent matters while meeting deadlines, maintaining sound controls, and communicating clearly with stakeholders
- Ability to work effectively with Procurement, Legal, risk and control functions, Finance, and business stakeholders, with a clear understanding of decision rights and when to escalate
- Experience improving contracting operations through playbooks, templates, training, process discipline, metrics, and effective use of CLM or comparable workflow technology
- Strong written communication, negotiation, analytical judgment, and ability to provide concise, fact-based recommendations to leaders
Preferred Qualifications
- Juris Doctor, MBA, or other relevant advanced education
- Experience leading a centralized contracting service or working with embedded outsourced/BPO contracting capacity
- Experience in insurance, financial services, a public company, or another regulated environment
- Experience with procurement-to-pay handoffs, including requisitions, purchase orders, and contract-term setup
- Experience implementing or improving CLM, automation, analytics, or responsible AI in contracting
Working Conditions
- Hybrid Office environment
Compensation
The Salary for this position generally ranges between $108,000 - $143,000 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.
Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration, sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.
This is a hybrid position requiring three days in office per week in one of our hub locations (Philadelphia, Cedar Rapids). Relocation assistance will not be provided for this position.
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.
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 to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.
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
- 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.