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Transamerica

Part of Aegon

Is this your company?

Transamerica reviews

3.6

61% would recommend to a friend

(1,942 total reviews)

Will Fuller

80% approve of CEO

61% positive business outlook

Transamerica has an employee rating of 3.6 out of 5 stars, based on 1,942 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Transamerica employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

2K reviews
1.0
Dec 20, 2017
Recommend
CEO approval
Business Outlook

Pros

Pros to working for Transamerica... it will encourage you to find what you truly value in life. Be it your family, hobby, new career... because you will be so miserable, you’ll have to find something outside of work to keep you sane. Hopefully you are not resorting to alcohol as your main hobby.. many do.

Cons

The good ol boys club has promoted too many individuals that are either under-qualified or out of touch with what their position requires in an industry that has changed greatly over the last few decades. They are too lazy to understand new concepts and trends in the industry and will rely on “how things have always been done.” This trickles down the lines of management. As they say, the fish stinks from the head. Training is a joke. Marketing cannot deliver items that are needed in a timely fashion. Competitive intel is not provided. Compensation is quoted as higher than what you should expect to earn as the sales goals are generally not attainable; most territories do not hit the goals that are given. Benefits are just ok, at best. There are much better shops in Denver in financial sales.

avatar
Transamerica Response
8y
Although your feedback is not what we would necessarily like, I appreciate that you have engaged with us. As a current employee, I would like to see if we can work with you to resolve some of the concerns you have raised. The first step would be to discuss with your team Manager. If you are not comfortable in having that discussion, that’s OK; I would encourage you to speak with your Human Resources Business Partner. We would like the opportunity to address your concerns with you. You raise an interesting point regarding product. Part of our strategy is optimizing our portfolio. By reducing the number of products, we are able to have a laser focus on those markets and products. It also leads to more innovation, which will ultimately benefits our customers. It’s a journey though, and will continue to be one as the industry and customer needs evolve.
1.0
Mar 14, 2016

What a bunch of idiots!

Recommend
CEO approval
Business Outlook

Pros

Some really nice smart people (who have all just been laid off)

Cons

The company is in a mess. The people who are responsible for the mess are still there. They have laid off lots of people and kept the people who play politics not the people who are smart and talented. Technology is obsolete. Processing is slow. It's 1998 at Transamerica. Don't work for them and don't buy any of their mediocre products.

1.0
Jun 15, 2016

A great place to lose your skills

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You worked with some good talented people who are not there anymore. A good place to get started and then jump to better jobs in other places.

Cons

The place is run by managers who just want peoples money and do not understand technology. Politics like no other. If you want to improve any kind of tech skill then this is not the place to work at. They do a great job at outdating you.

Viewing 4 - 6 of 1,942 Reviews

Glassdoor has 2,229 Transamerica reviews submitted anonymously by Transamerica employees. Read employee reviews and ratings on Glassdoor to decide if Transamerica is right for you.