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Transamerica

Part of Aegon

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Confusing Change of Direction - Marketing Director Transamerica Employee Review

3.0
Sep 29, 2017
Recommend
CEO approval
Business Outlook

Pros

Great people in my location (Plano, TX). Provided lots of opportunity for career advancement, although the pay increases sometimes lagged behind the promotions. Also provided opportunities for development of skills that I will carry for the rest of my career.

Cons

Pay ranges were low by industry standard. More concerning is the change in direction starting in 2015, when the CEO (who's a lawyer) reacted to a lawsuit by suspending almost all marketing and sales to conduct an audit and product review. Understandable, but the process took so long that nothing was ever re-started. Ultimately, this led to the dissolution of entire business units and product lines - the most profitable ones, at that - and thousands of layoffs (myself included). The company has permanently lost a substantial percentage of its net worth, and there's little internal confidence that it can ever be recovered.

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Transamerica Response
8y
Thank you for your feedback! We’re glad to hear you enjoyed your co-workers here during your time at Transamerica. We try to show our employees how much we appreciate them by paying them competitively, through the BRAVO recognition program that’s in place and by celebrating Employee Appreciation week in June. We always welcome new ideas and we wish you much success in your career.

Explore other reviews about Transamerica

2.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

great account management team. Great bosses. pension. decent benefits. managers allow flexibility.

Cons

the account managers are the only ones held accountable. other departments don't answer emails for weeks, don't do their jobs and no one in upper management cares. directly effects account managers so you get yelled at by clients and brokers a lot. don't get paid enough to do the job of the account manager and take on the other departments work.

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