IT Workday Payroll & Absence Configuration Analyst

Job Family
IT - Business Analysis

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
We are seeking an experienced IT Workday Configuration Analyst with hands-on payroll processing experience. Someone in this role partners closely with the operations payroll team to design, configure, and maintain Workday's payroll, absence, and time-tracking functionality to ensure accuracy, compliance, and smooth end-to-end processing. They translate business requirements into system configurations, troubleshoot issues, and optimize workflows so payroll operations can run reliably and efficiently.

The ideal candidate has processed payroll end-to-end, understands gross-to-net calculations, tax setup, pay components, absence rules, and has the technical aptitude to build, test, and maintain the Aeon Workday solution.

Job Description

Responsibilities

Workday Configuration & Support

• Configure, maintain, and optimize Workday Payroll and Workday Absence, including pay components, earnings, deductions, and time-off plans.
• Develop and update business processes, calculated fields, condition rules, validation rules, and security related to Payroll and Absence.
• Partner with cross-functional IT and HR teams to ensure configuration aligns with business requirements and Workday best practices.
• Troubleshoot system issues and support payroll operations by identifying root causes and recommending process or configuration improvements.

Testing & Deployment

• Create and execute test plans for enhancements, patches, and Workday releases.
• Validate payroll results, retro calculations, gross-to-net, taxes, and off-cycle runs-to ensure post-configuration accuracy.
• Support bi-annual Workday releases by analyzing impacts, conducting regression testing, and adopting new functionality.

Project & Stakeholder Management

• Translate business requirements into clear, actionable system specifications and configuration solutions.
• Work with payroll and absence partners to ensure Workday setup complies with federal, state, and local tax and labor regulations as they provide those changing requirements.
• Provide guidance and training to HR, Payroll, and operational teams on Workday functionality, configuration changes, and process impacts.

Qualifications

• Bachelor's degree or equivalent education/experience, preferably in IT or a business area discipline (i.e. accounting, investments, or marketing). Minimum of 5 or more years of experience in business systems analysis. 2-4 years of industry experience also preferred. Two years of experience managing technical projects in a complex environment.
• Hands-on payroll processing experience (e.g., calculating payroll, resolving payroll issues, managing pay periods, supporting audits, handling garnishments, validating taxes). This experience is essential to understanding payroll scenarios when configuring Workday.
• Strong knowledge of U.S. payroll concepts, including earnings, deductions, taxes, retroactivity, off-cycle payments, gross-to-net processing, year-end activities, and compliance.
• Strong analytical and problem-solving skills with attention to detail and data accuracy.
• Ability to thrive in a fast-paced, collaborative environment.

Preferred Qualifications

• Workday experience would be ideal but not required; candidates with strong payroll processing experience and a willingness to complete Workday training will be considered.
• Experience supporting multi-state payroll environments.

Key Competencies

• Proven experience with end-to-end payroll processing, balancing, and issue resolution.
• Solid gross-to-net knowledge, including earnings, deductions, and taxes.
• Ability to troubleshoot payroll exceptions and perform root cause analysis.
• Skilled in reconciliation, audit readiness, and maintaining data accuracy.
• Understanding of how time, absence, and benefits impact payroll.
• Knowledge of garnishments and third-party payments.
• Clear, professional communication and strong customer service orientation.
• Process-improvement mindset with a focus on accuracy and efficiency.
• High level of confidentiality and integrity with sensitive pay data.

Working Conditions

• Hybrid-Office Environment (Tuesdays, Wednesdays, Thursdays)

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.

Compensation

The Salary for this position generally ranges between $84,000 - $110,000 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 be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

This is a hybrid position requiring three days in office per week in one of our hub locations (Philadelphia, PA; Cedar Rapids, IA; Denver, CO). Relocation assistance will not be provided for this position.

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.


* As of December 31, 2023