2024 United Kingdom Benefits Guide

The benefits in this guide apply to Expatriate Commuters or Expatriate Resident Commuters with a home address in the United Kingdom.

Please note: Full details of the benefit plans are included in the Detailed Benefit References (DBRs) of the plans. Read full Disclaimer 

The benefits in this guide apply to Expatriate Commuters or Expatriate Resident Commuters with a home address in the United Kingdom.

At Transocean, we are proud to have the most committed, passionate and capable team in our industry. Your Transocean benefits help you and your family unlock your potential in so many ways. They give you the ability to stay healthy, protect your income if you become disabled, help you prepare for retirement, and much more.

This Benefits Guide was designed to help you learn about your options. Take a few minutes to walk through your choices before you enroll. That way, you can make the most of Transocean's benefits package.

Your benefits are just one way Transocean rewards your hard work, dedication, and commitment. Thank you for your ongoing dedication to Transocean.

Getting Started

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It is very important to review this Guide and follow the enrollment instructions carefully. You will only be eligible to enroll again for health and welfare benefits when first eligible, during the Benefits Annual Enrollment period, or if you experience a qualifying family status change.

Enrollment Periods

Annually you will be given an opportunity to review your coverage. There are also different times you may change coverage throughout the year: as a new hire, as a transferred employee, or if you experience a qualifying family status change. Each period has different deadlines and rules. Please take time to review the type of enrollment period that most applies to you.

Benefits Enrollment 

New Hire and Transferring Enrollment 


Qualifying Family Status Change

You must notify the Transocean Benefits Center within 60 days of a qualifying status change. Documentation of change will be required when adding dependent (i.e. birth certificate, marriage document, etc.)

Click here for help in notifying Transocean of a qualifying status change.

How to Enroll

Enrolling for your benefits is easy. There are two ways to enroll:

  • Online at YourTransoceanBenefits.com or via single sign-on from Workday by selecting the Benefits App and clicking “Login to My Benefits Account”
  • By phone at +1 646 259 0401

Transocean Worksave Retirement Plan

If you want to make voluntary contributions to the Transocean Worksave Retirement Plan, you need to log on to Workday at myworkday.deepwater.com.


Who is Eligible

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For Medical, Dental, Voluntary Life Insurance, and Voluntary Accidental Death & Dismemberment coverage, you can cover:

  • Yourself
  • Your spouse
  • Your Domestic Partner
  • Your children


Adding Dependents to Coverage

Transocean will verify eligibility for all dependents added to coverage. You will be required to provide documentation showing proof of relationship for any dependent added to coverage to ensure they meet eligibility requirements.

In addition to your spouse or Domestic Partner, Transocean allows coverage for your dependent children, including:

  • Biological children
  • Stepchildren who reside with you
  • Children under legal guardianship and
  • Adopted children

Dependent children must be under age 26. Disabled children may be covered beyond age 26.



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To help you and your family stay healthy, Transocean offers a private medical plan managed by AVIVA. You can use the Transocean medical plan to supplement the care offered by the National Health Service (NHS).

Your private medical insurance coverage with Aviva provides you with the peace of mind that you'll receive prompt access to diagnosis and eligible private medical treatment, should you need it. Along with your comprehensive healthcare cover, Aviva also provides you with additional benefits to help you look after your health and wellbeing.

See the Aviva Member Guide for details on filing a claim, or contact the Aviva information and claims helpline at 0800 158 3315 and reference group number 951D3Q. For more general advice, contact the Aviva 24 hour GP helpline at 0800 158 3112.

AVIVA Medical Benefits 
AVIVA BacktoBetter 
AVIVA Cover Guide Summary 

Feeling Overwhelmed?

Call the Aviva 24 hour stress counseling helpline any time at 0800 158 3349.



Available through the Unum U.K. Dental Plan, your benefits cover most necessary dental care, up to Plan limits. You can visit any licensed provider.

Dental Plan Coverage 

Group Numbers

If you need medical care after you have enrolled, Medical coverage can be verified using this group number:

951D3Q AVIVA Medical



Employee Assistance Program

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Everybody needs some extra help from time to time. That's why Transocean provides you with an Employee Assistance Program, called Lifeworks, to support you in your everyday life. Through Lifeworks, you can speak to a caring, professional consultant about life, health, family, money, and work—anytime you need to.


Log in to Lifeworks

Available 24 hours a day, Lifeworks also provides you with a wealth of online content. Lifeworks’ services are provided at no cost to you and are completely confidential.

Log in and and explore the tools and information available to you.

Log In

(User ID: deepwater; Password: lifeworks)

You don't have to be enrolled in Transocean benefits to use the EAP. Help is available on the phone, online or face-to-face.

You can reach Lifeworks by phone (toll-free) at 0800 169 1920.


Life Insurance

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Transocean offers life insurance coverage for you and your eligible dependents through New York Life. You are automatically enrolled for Basic Life Insurance coverage. You will need to enroll for any Voluntary Life coverage you want to purchase for yourself and/or your dependents.

Electing coverage over $250,000  may require you to provide Evidence of Insurability.


Basic Life Insurance

Basic Life Insurance provides coverage equal to two times your annual base salary rounded up to the next $1,000, up to a maximum of $750,000.

Transocean pays the full cost of this benefit and you are automatically enrolled for this coverage.

Voluntary Life Insurance

You can supplement your Company-paid Basic Life Insurance coverage through Voluntary Life Insurance. You can purchase coverage of one to five times your annual base salary, rounded up to the next $1,000, up to a maximum of $750,000.

Your combined Basic and Voluntary coverage may not exceed $1,250,000.

Dependent Life Insurance

If you buy Voluntary Life Insurance for yourself, you can buy Life Insurance for your family as well.

You can buy Voluntary Spouse Insurance of $10,000, $25,000, $50,000, $75,000 or $100,000. Your spouse's coverage cannot be more than 50% of your Voluntary Life Insurance.

You can buy Child Life Insurance of $5,000, $10,000, or $20,000. The coverage you select applies to all your eligible children.


Accidental Death and Dismemberment

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It isn't pleasant to consider, but everyone should be prepared for worst-case scenarios. Accidental Death and Dismemberment (AD&D) Insurance gives you one more way to protect your finances when you need them most.

Available through New York Life, AD&D pays a benefit if you lose your life or are injured in an accident. These benefits are paid in addition to Life Insurance benefits.

Transocean provides you with Company-paid Basic AD&D coverage. You can supplement this coverage with additional Voluntary AD&D or Family AD&D coverage.


Basic AD&D Insurance

Transocean pays 100% of your Basic AD&D Insurance benefit. Your benefit is equal to two times your annual base salary, rounded up to the next $1,000, up to a maximum of $750,000*.

The amount of your coverage reduces to 65% at age 65 and to 50% at age 70.

*All amounts indicated are in USD.

Voluntary AD&D Insurance

You can buy additional AD&D Insurance for you and your family. You can choose between one and five times your annual base salary.

Learn More 

Who is your beneficiary?

Make sure your loved ones are protected. Be sure to keep your beneficiary information up-to-date and accurate. You can do this as part of the online enrollment process.


Short-Term Disability

Short-Term Disability (STD)

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If you are unable to work due to a non-work-related illness or injury, Short-Term Disability (STD) replaces a portion of your base salary.

STD pays you a percentage of your monthly base salary as follows:

  • 80% for the first six weeks
  • 66 2/3% for up to 20 additional weeks

Benefits begin after a seven-day elimination period. Transocean pays the full cost of STD benefits and you are automatically eligible after 180 days on the job.


Long-Term Disability (LTD)

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If you are unable to work for more than 26 weeks due to a non-work-related illness or injury, and you are approved by the carrier, Long-Term Disability (LTD) coverage, administered by Cigna International, pays a portion of your eligible base salary. You’ll receive up to 60% of your monthly base salary, up to a maximum monthly benefit of $15,000 USD. LTD benefits continue for the length of your disability, but generally not beyond your 65th birthday. Your benefits can continue after age 65 if you go on LTD after age 60.

Transocean pays the full cost of LTD and you are enrolled after 180 days on the job.



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The Transocean Worksave Retirement Plan (WRP) can help you have a great retirement. A key benefit is that the Transocean WRP pension plan is a qualifying plan for UK tax purposes. The WRP is administered by Legal and General (L&G). Additionally, the contributions to the plan are invested in funds managed by L&G.

To find out more information on the Plan, visit www.legalandgeneral.com/transoceanwrp or call L&G at +44 345 070 8686.

Enroll/Making Changes to Your Account

If you want to make voluntary contributions to the Transocean Worksave Retirement Plan, you need to log on to Workday at myworkday.deepwater.com.



You can participate in this plan if you are a current Transocean employee with a home address in the United Kingdom.


Transocean will make contributions to your account based on your contribution to the account. The more you contribute, the more Transocean will add. You can contribute up to 100% of your pensionable earnings (subject to you receiving the minimum wage as take home pay). The Transocean contribution ranges from 6.5% to 9.5%. The maximum company contribution may be reached when you contribute equal to, or greater than, 5%.

This means that UK tax relief is available for employee contributions made to the plan, subject to certain limitations. In addition, Company contributions to the plan are not taxable at the point of funding. Note: it will be the responsibility of each individual to report the correct taxable values on their tax return and we recommend you engage a local tax professional.

Contribution as % of Eligible Earnings 


Investing for Retirement

Investing Your Account

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You have many options when it comes to investing your retirement accounts. Visit legalandgeneral.com/transoceanwrp to research your investment options and login to Manage Your Account to make your investment choices in the WRP. You can also call L&G at +44 345 070 8686.

After you have joined the Plan and received your new joiner details from L&G, you can make your investment elections by logging into www.legalandgeneral.com/transoceanwrp or by phoning +44 345 070 8686 (Monday to Friday, 8 am – 6 pm GMT +1).


Leaving the Transocean WRP

If you leave the Company or opt out of the Plan before retirement, your contributions and the Company’s contributions to your account will stop. You will need to give one month’s notice if you decide to end your membership without leaving the Company. In this case, your membership will cease at the end of the following month.

Unless you elect to change your investment selection at the time of leaving, your retirement savings pot will continue to be invested in the same way as before.

Upon leaving the company:

  • Transfer the value to a new employer’s registered pension scheme, provided they are willing and able to accept the transfer.
  • Transfer the value to a registered pension scheme of your choice provided they are willing and able to accept the transfer.
  • If you become self-employed or join a new employer who doesn’t run a pension scheme you can carry on paying into your plan, although Transocean's contributions will stop.

If you are unsure about your decision, contact your financial adviser.

More Information

Refer to the Frequently Asked Questions document and the WorkSave Retirement Plan Members Booklet on the Legal and General website under “Useful documents” for information.

Also, be sure to designate a beneficiary by completing the Nomination of Beneficiary form in the “Useful documents” section.




Contact list

Benefits Enrollment

+1 646 259 0401

7 a.m. to 7 p.m. Central Standard Time


Aviva: Medical

Customer Service;

0800 158 3315

Aviva 24-hour counseling;

0800 158 3349

Aviva GP helpline;

0800 158 3112


Unum U.K. Dental

020 7265 7111



Lifeworks: Employee Assistance Program

0800 169 1920

User ID: deepwater
Password: lifeworks

Legal and General: Worksave Retirement Plan

+44 345 070 8686


Fidelity U.K.: International Retirement Savings Plan - Frozen as of 31 March 2016

Within the U.K.:
08457 234235

Outside the U.K.:
+44 1737 838585





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