Transamerica Appoints Jason Frain as New Head of Retirement Solutions
Transamerica, a recognized leader in the financial services sector, has recently appointed Jason Frain as the new head of Retirement Solutions, effective August 25, 2025. This strategic move is seen as a pivotal step in the company's ongoing mission to improve retirement outcomes for its clients.
In his newly established position, Frain will spearhead the product strategy and development for Transamerica's retirement offerings. His focus will be on creating innovative and effective solutions that are designed to assist plan sponsors and participants in achieving their long-term financial goals. This endeavor aligns with Transamerica's commitment to not only provide high-quality products but also to ensure that these offerings meet the evolving needs of their customers.
Jamie Ohl, the president of Protection Solutions and Savings & Investments, expressed strong confidence in Frain's abilities, stating, "Jason is a proven product leader who blends actuarial rigor with commercial instincts." Ohl further emphasized that Frain's extensive experience in shaping retirement and annuity products, while keeping the customers' best interests at the forefront, will significantly enhance Transamerica's market position.
With nearly 30 years of industry experience under his belt, Frain brings a wealth of knowledge in retirement product leadership. He has previously held senior roles in major financial organizations, notably at Brighthouse Financial. His expertise spans across various critical areas including product development, pricing, and strategic decision-making in retirement solutions. Additionally, Frain is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries, underscoring his credentials in the field. He holds a Bachelor of Science in Business Administration with a focus in actuarial science from the University of Hartford.
In response to his appointment, Frain remarked, "I have long admired the Transamerica brand and the bold steps the company has recently taken to elevate experiences and drive better retirement outcomes. I'm honored to join this organization and excited to collaborate with various teams to continue building on this momentum." He emphasized a commitment to delivering straightforward, impactful products that enable both employers and employees to save more efficiently, invest wisely, and ultimately develop sustainable retirement income.
Transamerica has established itself as a leading provider of life insurance, retirement, and investment solutions, serving over 10 million Americans. The company is dedicated to supporting their customers' financial futures, a principle that has remained at the core of its operations for over 120 years. In 2024 alone, Transamerica paid over $62 billion in claims and benefits related to insurance, retirement plans, and annuities, showcasing their commitment to fulfilling promises made to clients.
As Transamerica continues to innovate, the inclusion of experienced professionals like Jason Frain highlights the company’s focus on expanding its role as a champion for helping everyday Americans thrive financially. With his leadership, the organization is poised to enhance its retirement solutions, ultimately contributing to making financial security more accessible for all.
In conclusion, Jason Frain's appointment as head of Retirement Solutions marks a transformative step for Transamerica. With an impressive track record in the industry and a clear vision for future product offerings, Frain is set to lead the company into a new era of growth and customer-centric solutions.