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Transamerica

Part of Aegon

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pyramid scheme - Anonymous employee Transamerica Employee Review

2.0
Sep 17, 2013
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good co-workers, friendly environment, nice office

Cons

have to pay for training which is around $400, and only get reimbursed $300 after very specific conditions are met. They want you to solicit to friends and family since they are less likely to ignore your sales pitch. classic pyramid scheme, they say you will get rich quick, but not if you are on the bottom of the pyramid. also, no benefits or base pay, it's all commission based.

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5.0
Mar 18, 2026
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Cons

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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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