Pros
Transameica Life & Protection is probably a great place to work if you are an agent, actuary, or product marketer.
Cons
Transamerica is a digitally young, immature organization with a politically hostile environment. If you plan on working for this company, be prepared to be a politician. The company lacks commitment to expanding its online presence; digital departments are frighteningly under resourced, and duplicative hiring within divisions runs rampant without any oversight – or caring – from management. Senior leadership has a “vision” for One Transamerica, but refuses to take actions to make this happen. The corporate culture is appalling; you will not have a life outside of work. There IS no work-life balance at Transamerica. Middle management does not care, nor acknowledge, your efforts. Regardless if you – and your team – is putting in 12 or 14 hour days, you’ll get the same acknowledgement as if you worked an eight hour day. The solution, according to company VPs, is reduce scope, which reduces the team’s impact… rather than consolidating redundant resources into a centralized team. With certain managers, favoritism is a HUGE issue, and directly impacts a team’s resourcing, budget, and working hours. Leadership fails to see – or act – on this disgusting business practice. Middle management is process-adverse, and uses “friends” as vendors to outright bypass governance and prioritization procedures. Attrition is at n all time high, while senior leadership continues to be cutthroat in their viewpoints. According to leadership, you are not an employee; rather a disposable resource, in which your replacement is on deck. Rather than putting effort into retaining quality talent, they’d rather spend money on recruitment. There is absolutely ZERO commitment to molding future leaders of tomorrow., or helping struggling leaders become future Directors.