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Transamerica

Part of Aegon

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Transamerica reviews

3.5

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 3.5 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
3.0
Mar 27, 2025

Pay

Recommend
CEO approval
Business Outlook

Pros

Annual bonus is pretty good.

Cons

I seem to stay at the bottom of my payscale every year even with my annual raise amd was not given a raise when promoted.

1.0
Mar 20, 2025
Recommend
CEO approval
Business Outlook

Pros

Great trips and incentives for top agents

Cons

Underwriting is terrible. TA used to have a large portfolio of products but they have phased nearly everything out and try to fit everyone into the FFIUL which isn't a good policy for the majority of people. 15 year surrender charge is the worst in the industry. The last two years I worked there, they consistently lowered the cap and raised fees. I would only recommend this company if you enjoy putting out fires because there will be a lot of them with your customers. And forget getting someone who speaks english to answer inbound calls. It is a fight to get any policy changes accurately made since they contracted with TATA Consultants and fired everyone in Cedar Rapids. Customer service is a nightmare with no end in sight. Just google TA reviews and see for yourself.

Viewing 67 - 69 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.